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Mike,Chellester,
Smart idea.
Another good way to use the barssince function is to first set up the
buy formula.
BUY:=c>(BBandTop(c,20,S,2));
Then call the BUY condition in your barssince formula.
barssince(BUY)>5
Also remember that barssince in an exploration requires that you set
the "Load___Records" the same as the number of bars loaded in your
chart.
One more point would be to make sure that condition you are looking
for is on the chart. A close above a bollinger band top happens but
only in strong trends.
Preston
--- In equismetastock@xxxx, Mike Loveday <mike.loveday@xxxx> wrote:
> hi,
>
> ..i'm a bit new at this, but it looks a little like you have only
specified
> the minimum setting (being 5 days), and probably also need to
specify the
> limit you want to close out to "after" the minimum setting of 5
days has
> passed.
> There are 2 ways perhaps, if 5 days is used as an integer rather
than a
> range, then just '=6' might work (will close on the the 6th day).
Or if you
> want to test over a range of days after the 5th bar, then maybe
just set a
> max and min... maybe '>5 AND <10' for example?
> sorry if this is not right, just trying to help..
>
>
> cheers, mike
> -----Original Message-----
> From: chellester2002 [mailto:chelle@x...]
> Sent: Wednesday, 23 October 2002 10:55 AM
> To: equismetastock@xxxx
> Subject: [EquisMetaStock Group] barssince - what am I doing
wrong??
>
>
> Hi, I must be doing something wrong with my formulas etc -(Only
had
> MetaStock for a couple of weeks, so thats quite possible!!)
> I want to test trades that last a number of days, say 5, but I
can't
> see a simple way of doing this. What I've tried is setting up the
> buy signals, getting that all working, and then for closing using
the
> barssince function. For example if the Enter Long formula was
>
> c>(BBandTop(c,20,S,2)) I would be trying to close by
>
>
> barssince(c>(BBandTop(c,20,S,2)) )>5
>
> but in my tests, I'm still getting results where the longest trade
> was for up to 300 days!! I've also tried using if() in a similar
> manner.
>
> Can anyone tell me what I'm doing wrong, or if there is a better
way
> to do this.
>
> Thanks so much, it's driving me nuts!!
>
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