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Below is an indicator that I want to include as part of a "buy"
signal in a system. Its value can be anywhere from 1 to 100. I want to
buy when this value is > 55. How would I phrase the the "buy" argument?
Hbar = HHV(C,90);
Lbar = LLV(C,90);
Diff = Hbar - Lbar;
Todaysposition = ((C-Lbar)/Diff) * 100;
Plot(MA(Todaysposition,11), "Channel 90 MA(11)", colorBlue, styleThick);
--- In amibroker@xxxxxxxxxxxxxxx, "gp_sydney" <gp.investment@xxx> wrote:
>
> Is there something missing in this code? What does this statement do?
>
> > MA(Todaysposition,11)>55;
>
> That's a conditional with the result not being used for anything. Is
> perhaps Buy supposed to be used in that statement?
>
> Buy is not normally set to a price array, but rather some conditional
> statement that results in True or False (if scaling is not being used).
>
> GP
>
>
> --- In amibroker@xxxxxxxxxxxxxxx, "upsidetarget" <digimax@> wrote:
> >
> > Can anyone shed some light on why the "buy" below is not registering?
> >
> > It trades whether true or not
> >
> > BTW, the "sell" is n number of days....
> >
> > Buy = Hbar = HHV(C,90);
> > Lbar = LLV(C,90);
> > Diff = Hbar - Lbar;
> > Todaysposition = ((C-Lbar)/Diff) * 100;
> >
> > MA(Todaysposition,11)>55;
> >
> > Sell = 0;
> >
> >
> > Thanks,
> >
> > Michael
> >
>
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