Current: My current system monitors a watchlist
and gives me the appropriate Buy and sell signals in AA as does all
systems. If I own the stock (I physically initialize the Ticker and Buy
Price in the code for 5-7 stock)s and if it triggers some alert condition
(Higher CLOSE maybe buy some more) I set colors, signals, etc to let me know
that I must do something.
Example of hard code where symbolm is on a watchlist and I
own it – then I need to pay more attention so I use color
PR1=27.47; NN1 ="EWA"; if (Name()==NN1) {PR=PR1;
CondLong = 1; }
I am thinking of improving this “physically typing in
the symbol and buy price directly into the code” method to a more
flexible one.
Possible strategy1: Use the Account management
feature; get buy/short info from there, convert account file to .csv file and
read into my AFL instead of hard coding. This is the one I want to use if
I can as it would allow me to use several different portfolios and is all in
one place. Is there a easy way to read
the new account management information and use that information (buy price,
short, date, etc) in AF?.
Possible Strategy2: Just create a .CSV file using
Excel and read into AFL using FOPEN instead of hard coding.
Possible Strategy 3: Just use a
Study(“BP”) for the buy price in the chart, and in the AFL if it
triggers some alert condition (Higher maybe buy some more) I can set colors,
signals, etc to let me know that I must do something. Very little
of my code would need to be changed but would not account for a long or short
condition. Maybe I can live with this. Note: When
I mess with the chart the Buy Price line is very sensitive and this can easily
jump and be inaccurate.
Current code for support and resistance in which I could add
something for buy price (BP)
Per20 = (Study("RE",SSID)-Study("SU",SSID))*.20;
AddColumn(C < Study("SU",SSID)+Per20, "Buy Back",1.2,colorBlack,
IIf(C <
Study("SU",SSID)+Per20, colorYellow,
colorGreen)); //20 % above support
Trigger to buy some more or to sell in a down trend
How are other people doing this in their
code?
Just trying to do some planning before I jump into
code. Current method works ok for now.
Best regards
Dave