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I have a buy condition and a sell condition. The sell condition is
dependent on how long ago the buy was, among other things. Example:
Buy=buyCondition;
barsAgo= barsSince(Buy)>1;
Sell = sellCondition and barsAgo;
The problem is if a new duplicate buy signal occurs when a long
position is already held. I want the barsAgo variable to reference
the first actual signal in the series, and not show true just because
the previous bar had the same conditions as the actual original buy
signal.
When I use exRem(Buy,Sell) to remove extra bars, it gives me a Sell
variable not initialized error, unless I place it after the Sell
statement, but that has the effect of evaluating the subsequent buys
for the barsAgo statement. Am I clear with my question?
// I get initialized error.
Buy=buyCondition;
barsAgo= barsSince(Buy)>1;
exRem(Buy,Sell);
Sell = sellCondition and barsAgo;
// All buys are evaluated for barsAgo, not just the original one.
Buy=buyCondition;
barsAgo= barsSince(Buy)>1;
Sell = sellCondition and barsAgo;
exRem(Buy,Sell);
I've been going around in circles on this one for a while. Maybe
someone can help.
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