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RE: [amibroker] Plotting Bands when Long or Short



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You could try:

 

inLong = Flip(LongEntry, LongExit);

inShort = Flip(ShortEntry, ShortExit);

 

Plot your green band when inLong == 1, and red when inShort == 1.

 

Cheers,

Nathan


From: amibroker@xxxxxxxxxxxxxxx [mailto:amibroker@xxxxxxxxxxxxxxx] On Behalf Of sslack88
Sent: Monday, 23 January 2006 11:46 AM
To: amibroker@xxxxxxxxxxxxxxx
Subject: [amibroker] Plotting Bands when Long or Short

 

I want to plot a green band if I am in a long position, and a red band
if I am in a short position.  No problem, right?

Here's the tricky part:

** Only one position can be open at a time
* TrailingStop is a function I created

LongEntry = C > Ref(C,-1);
LongExit = C < TrailingStop;

ShortEntry = C < Ref(C,-1);
ShortExit = C > TrailingStop;

* Remember, only one position can be open at a time.  Obviously,
higher closes are going to exist even when I am in a short position,
so using the FLIP function doesn't seem to work.

Any Ideas?  Thanks in advance.










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