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Buy is like a light switch ... On or Off, it is NOT a methodology to
take action at a price ...
Buy = H ... Tells AB to Buy on EVERY BAR at the HIGH of that Bar ...
Why ? ... because BUY and H are arrays ...
Although incorrect ... If you had said ... Buy[i] = H[i]; ... The buy
would probably have occured on the bar you wanted it to i.e. the same
one where the cross occured ... but NOT at the High ... For Buys to
occur at specific points you need to use the BuyPrice Array ...
PS ... Buying at the H or L price of the current bar is never a good
idea because these are unknown until the bar is no longer current.
--- In amibroker@xxxxxxxxxxxxxxx, "laster" <laster@xxx> wrote:
>
> Hi,
>
> Still trying to figure out working with Arrays, and it's apparent
there is
> something I am not getting.
>
> My understanding of the following is: If in the i bar the cross of
the MACD
> was true, then Buy at the High. However, Amibroker is buying in
several
> circumstances (including when the condition is true).
>
> Can somebody smarter than me please translate the following formula
into
> English so I can finally get it?
>
> Thanks a lot again,
>
> Jerry
>
>
>
>
>
> Reason= Cross( MACD(12,26), Signal(9) );
>
> for( i = 0; i < BarCount; i++ )
>
> {
>
> if (Reason[i] == True)
>
> {
>
> Buy = H;
>
> }
>
> }
>
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