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Hi all
For up trending stoks, I want to find the shortest Simple moving
average period values that do not cross the price within any 52 bar
period for a portfolio of securities. Obviously different stocks
will have different period values at any given point in time and
also they will very with time within a stock.
I started coding the following. But it seems the variables that we
can use in a For loop can only be used for Array element and not
the way general computer languages like Pascal work.
I wold appreciate if someone can help me to get this code to work -
it appears that the j variable cannot be used to increment the
moving av period !!
Thanks in advance
//==================================================
// this checks whether the price is above its moving av 52 bars ago
and if so checks whether the close crossed mov av during the last 52
bars for a range of moving av periods and return the moing av period
value when it crosses
function WCBelowMALine(C)
{
result = 0;
for (j=52; j<3; j--)
{
result = IIf(Ref(C,-52) < Ref(MA(C,j),-52), -1,IIf(Hold(Cross(MA
(C,J),C),52),j+1 ,9));
}
return result;
}
//==================================================
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