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Thanks very much for your help - your code will help to develop mine
immensely.
Warm Regards,
Tony.
--- In equismetastock@xxxxxxxxxxxxxxx, "bellamy_29m"
<bellamy_29m@xxxx> wrote:
>
> Tony,
>
> I have only had a VERY quick grab at this, and havent tested it; I
am
> not making any promises, but see if this works like you want.
Maybe
> it will give you an insight into how to rearrange this for
yourself...
>
> Here goes, untested code:
>
> DayOne:=L=LLV(L,10);
> DayOne:=If(BarsSince(DayOne=1)>8,L=LLV(L,10) OR L<=ValueWhen
> (1,DayOne=1,L) OR L<ValueWhen(1,DayOne=1,C),0);
>
> DayThree:=C>ValueWhen(1,DayOne=1,L);
> DayThree:=DayThree AND BarsSince(DayOne=1)>Ref(BarsSince(DayThree),-
> 1);
>
> N:=If(PREV=0,DayThree,If(DayOne,0,PREV));
>
> L>ValueWhen(1,N AND Alert(N=0,2)=1,H);
>
>
>
> Maybe someone else with some more time might lend a hand?
>
> Hope this helps (anyway!)
>
> wabbit :D
>
> --- In equismetastock@xxxxxxxxxxxxxxx, "bandwidthuser"
> <bandwidthuser@xxxx> wrote:
> >
> >
> > Hello,
> >
> > I would appreciate help in coding an exploration which uses the
> multi-
> > day setup shown below to signal reversal trades off support and
> > resistance levels.
> >
> > The rules for going Long would be;
> >
> > Day 1: The market makes a 10-day low.
> >
> > Day 2: The market retests the Day 1
> > low not less than eight trading days
> > later. A retest occurs when either: a)
> > Day 2 makes a low that is lower than
> > or equal to the Day 1 low; or b) the
> > Day 2 low is below the Day 1 close.
> >
> > Day 3: The market subsequently closes
> > above the Day 1 low.
> >
> > Day 4: Go long when the market moves
> > above the Day 3 high.
> >
> > The rules are reversed for short trades.
> >
> >
> > Warm Regards,
> >
> > Tony.
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