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Hi all, I'm trying to use the value of an indicator (DMI value for Dow
Jones Industrials)in a system formula for confirmation of market
direction.
I know I need to use the "foreign" function but I can't seem to get it
to reference the DMI value.
Any suggestions?
Code:
EMALong=EMA(Close,21);
EMAShort=EMA(Close,8);
TSA=ATR(14);
PS=ROC(Close,14);
ADXOk =ADX()>20 AND ADX()<50;
OKVol = Volume>100000 ;
PriceOK = Close >=10;
DMI=PDI(10)-MDI(10);
MarketUp = DMI=Foreign("^DJI","close");
MarketDn = DMI=Foreign("^DJI","close");
SetUpL = Cross(EMAShort ,EMALong) AND C>= EMAShort AND MarketUp>0;
SetUpS = Cross(EMALong,EMAShort) AND C<=EMAShort AND MarketDn <0;
Thanks, Randy
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