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Because the close can never be higher the bar's high you need to look
to the HHV value for yesterday. It is best to have this for the sell
as well just in case an instance occurs where the values conflict
Buy=Close>=ref(HHV(H,8),-1);
Sell=Close=<ref(StopLow,-1);
--
Cheers
Graham
AB-Write >< Professional AFL Writing Service
Yes, I write AFL code to your requirements
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On 1/26/06, ianjw2 <ijw@xxxxxxxxxxxxxxx> wrote:
> What I am trying to do is get an entry signal when today's Close is
> Higher than the highest High in the last 8 days, and then exit when
> the Close is a percentage below the next latest highest High.
>
> When I use a different buy signal to the one below, I.E. MA cross, my
> Sell signal works OK. However, when I use the Buy below, I get no
> strikes at all.
>
> Where am I going wrong?
>
> Ian
>
>
>
> MA3=MA(C,3);
> MA30=MA(C,30);
>
> SellPercent=5;
>
> StopLow=HHV(H,8)-(HHV(H,8)*SellPercent/100);// This seems to work
>
> Buy=Close>=HHV(H,8);
> Sell=Close=<StopLow;
>
>
>
>
>
>
>
>
> Please note that this group is for discussion between users only.
>
> To get support from AmiBroker please send an e-mail directly to
> SUPPORT {at} amibroker.com
>
> For other support material please check also:
> http://www.amibroker.com/support.html
>
>
> Yahoo! Groups Links
>
>
>
>
>
>
>
>
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