|
PureBytes Links
Trading Reference Links
|
Onno Goedknegt wrote:
>
> Ton, Gerhard, Guy and Martin, thanks for your help on this topic sofar...
> But depite your help I didn't succeed in getting a binary wave.
>
> Did you get one, Simon?
>
> I would like to put a trading system into the INDICATOR BUILDER
> and hope to see a BINARY WAVE...
>
> For example (trading system):
> ENTER LONG: RSI(14)<30 OR Mo(12)<90
> ENTER SHORT: RSI(14)>70 OR Mo(12)>110
>
> So I would like to put this into the INDICATOR BUILDER to get a BINARY WAVE.
> When this trading system generates a BUY signal the BINARY WAVE should jump
> to +1 (and stay there...) and only go back to -1 after getting a SELL signal
> (and stay there...).
>
> I hope you can help me out.
> Thanks in advance for your help!
>
> Cheers,
> Onno
onno,
give this a try.
signal:=If(RSI(14)<30 OR Mo(12)<90,1,If(RSI(14)>70
OR Mo(12)>110,-1,0));
ValueWhen(1,signal<>0,signal);
{If(RSI(14)<30 OR Mo(12)<90,.5,0);
If(RSI(14)>70 OR Mo(12)>110,-.5,0);}
the last two if statements(in french brackets) plot smaller binarys on
the same plot.i included them because nested if statements favor the
first statement. so if rsi(14)<30 and mo(12)>110 you would still get a
buy signal.
good luck,al
|