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I've tried to work this out and tried to find a solution in the
archives or the docs. Although it may be there, I haven't found it
yet and need some advice.
//This is a short term system which buys on a low RSI
//The following is a quick simplification of the system
Buy=ref(RSI(14),-1)< 24;
BuyPrice=open;
//I then have a for loop which has two possible sells:
//first sell
//if same day as "buy day" and there is a low at buyprice =< $.10
sell[i]=true;
sellprice[i]=buyprice[i] - $.10;
//second sell
//if 3 days after "buyday" sell
sell[i] = true;
sellprice[i]=open;
Here is the problem. On a particular stock there may be many buys
and sells. Sometimes there will be a sell of a previous trade on
the same day as a new buy signal. That works OK. However, if the NEW
trade immediately has another sell signal (ie. when the low goes
$.10 below the buyprice) there are problems.
I can see that I have one buy and two sell signals on the same day.
Thanks, Balin
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