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If you want to exit after 2 consecutive lower closes, try this...
Sell = Close < ref( Close, -1 ) AND ref( Close, -1 ) < ref( Close, -2 );
Steve
----- Original Message -----
From: "Steve Carlsson" <stevecar144@xxxxxxxxxxxx>
To: "Amibroker" <amibroker@xxxxxxxxxxxxxxx>
Sent: Tuesday, March 04, 2008 6:05 AM
Subject: [amibroker] Sell trigger
>
> Hello
>
> Can anyone offer some help please...
>
> I want my trades to exit if the sell condition below is met:
>
> Sell= C < Ref(LLV(C,2),-1);
>
> What it is supposed to do is exit a trade if the closing price is lower
> for
> 2 consecutive days...the 2 is a variable I want to test....
>
> My other effort at this formula is below:
>
> Sell = (Ref(C,-1)>Ref(LLV(L,2),-2) AND C < Ref(LLV(L,2),-1));
>
> The problem is that firstly I dont understand the difference between the 2
> formula, and also even though they appear to plot correctly I cant be sure
> they are robust..
>
> Thanks in advance
>
> Steve Carlsson
> Home and Property Maintenance
> 12 WInsham Rd
> KARRINYUP WA 6018
> 0432990469
>
>
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Please note that this group is for discussion between users only.
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