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Highest function will work, but you will still want some kind of limit
on number of bars, otherwise you'll get a trade on the 1st day the stock
is available (since it will be an all-time high).
xBuy = C == Highest(C); //All time High
altBuy = C >= HHV(C,250);
Buy = C == Highest(C) OR altBuy; //Buy at all time High OR X day High
--
Terry
-----Original Message-----
From: amibroker@xxxxxxxxxxxxxxx [mailto:amibroker@xxxxxxxxxxxxxxx] On
Behalf Of marketmonk777
Sent: Saturday, January 21, 2006 14:14
To: amibroker@xxxxxxxxxxxxxxx
Subject: [amibroker] 250 Day New Highs
Hi folks,
I noticed something interesting while scanning for 250 day new highs.
It seems that my scan does not capture any new highs for which the
stock has not traded a full 250 days. Take for example a recent IPO
STP. It did not show up on my list.
My line for looking for a new closing high is:
NH = C >= HHV( Close, 250);
How can I modify the code to capture these stocks that have not yet
traded a full 250 days?
Also, I was thinking about creating a scan that would locate "All
Time" new highs.
Regards,
Dave
MarketMonk777
a.k.a. RedEyes
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