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Hi Thomas,
OK, so I changed it to the simpler code below .. but the problem still
exists. I did wonder whether perhaps it had something to do with decimal
places ?? As the most recent alert seemed to trigger when the price hit
210.xx even though the Boll.Band was at 210.545:
Buy = RSIa ( Close, 14 ) < 25 AND BarsSince( Low >= BBandBot( Close, 30,
3 ) ) >= 1;
Sell = RSIa (Close, 14) > 75 AND BarsSince( High >= BBandTop( Close, 30,
3 ) ) >= 1;
Thomas Z. wrote:
>Hi,
>
>i have not checked your code detailed but what i see is that you use future
>quotes in your ref function: Ref( LLV( RSIa( Close, 14 ), 1)
>
>- - - - - - - - - - - - - - - - -
>Best Regards
>
>Thomas
>http://www.tradingbasis.com
>- - - - - - - - - - - - - - - - -
>
>
>-----Original Message-----
>From: amibroker@xxxxxxxxxxxxxxx [mailto:amibroker@xxxxxxxxxxxxxxx] On Behalf
>Of Richard Jay
>Sent: Tuesday, May 30, 2006 1:14 PM
>To: amibroker@xxxxxxxxxxxxxxx
>Subject: [amibroker] What is wrong with this code ??
>
>Would anyone with RT Forex data care to take a look at this ??
>
>I keep on getting Buy/Sell signals generated even though the price is
>nowhere near the Bollinger Bands. Here's the formula, plotted on 30min
>charts EUR/USD and GBP/USD:
>
>Buy = Ref( LLV( RSIa( Close, 14 ), 1 ), 0 ) < 25 AND BarsSince( Low >=
>BBandBot( Close, 30, 3 ) ) >= 1;
>Sell = Ref( HHV( RSIa( Close, 14 ), 1 ), 0 ) > 75 AND BarsSince( High >=
>BBandTop( Close, 30, 3 ) ) >= 1;
>
>
>
>
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