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{-----------------------------------}
....
....
R; {MACD}
Z; {Signal} {end of Roy's stuff}
Hist:=(R-Z); {Histogram}
Hist;
{1}Buy:=ROC(Hist,1,POINTS)>0 AND Hist<0;
{2}Sell:=ROC(Hist,1,POINTS)<0 AND Hist>0;
{3}{If(Buy,1,0);}
{4}If((Buy AND (BarsSince(Buy)>BarsSince(Sell)=1)),1,0);
{5}{If(Sell,-1,0);}
{6}If((Sell AND (BarsSince(Sell)>BarsSince(Buy)=1)),-1,0);
{-----------------------------------}
"Alan Davidson" <alan_davidson22@xxxxxxxxxxx> wrote:
>I'd be grateful for any help with BarsSince() in the following
>formula fragment.
>
>Regards,
>Alan
>
>
>{-----------------------------------}
>....
>....
>R; {MACD}
>Z; {Signal} {end of Roy's stuff}
>Hist:=(R-Z); {Histogram}
>Hist;
>{1}Buy:=ROC(Hist,1,POINTS)>0 AND Hist<0;
>{2}Sell:=ROC(Hist,1,POINTS)<0 AND Hist>0;
>{3}{If(Buy,1,0);}
>{4}If((Buy AND (BarsSince(Buy)>BarsSince(Sell))),1,0);
>{5}{If(Sell,-1,0);}
>{6}If((Sell AND (BarsSince(Sell)>BarsSince(Buy))),-1,0);
>{-----------------------------------}
>
>Explanation:
>{1} Buy if histogram ticks up from below its centreline.
>{2} Sell if histogram ticks down from above its centre line.
>{3}(Commented out.) Plot the buy trigger . This worked fine, but as
>long as the histogram is oscillating below its centre line, it
>continues to give buy signals on each up-tick.
>{4} This is my attempt. I thought it said: "Buy if histogram ticks up
>from below its centreline AND the previous buy/sell signal was a
>sell." In other words, if the previous signal was a buy, don't add to
>the position. This doesn't work. The plot is a horizontal line at
>Y=0 (the histogram centre line).
>{5} (Commented out.) Again, this worked fine, but could give
>multiple contiguous sell signals.
>{6} Similar to {4}.
>
>
>
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