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[Metastockusers] Re: 1st profitable open exit



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Thank you both Jose and Heitor I will study both of your suggestions.
 I appreciate your help.

Eric


--- In Metastockusers@xxxxxxxxxxxxxxx, "heitor1975" <heitor1975@xxxx>
wrote:
> 
> Eric (and Chris),
> I think you can solve your problem coding the exit this way:
> 
> open > valuewhen(1,close < bbandbot(c,10,s,2) AND
> Ref(C,-1)>Ref(bbandbot(c,10,s,2),-1),close)
> 
> heitor
> 
> --- In Metastockusers@xxxxxxxxxxxxxxx, "Eric and Chris"
> <ericandchristy@xxxx> wrote:
> > 
> > Hello,
> > 
> > I am trying to code in my exit the first profitable exit after entry.
> >  My entry is simple close < bbandbot(c,10,s,2) (buy on close).  I want
> > to exit on the first profitable open after that entry so I use :
> > 
> > open > valuewhen(1,close < bbandbot(c,10,s,2),close)   
> > 
> > and this works most of the time.  However, when there are 2
> > consecutive closes below the lower bollinger band and it opens below
> > the entry then it exits on the open if the close of the 2nd bar is
> > below the lower bollinger band.  Which obviously isn't a profitable
> > opening.
> > 
> > I tried to use a simple if() statement but it will only let me put
> > data arrays in it and not functions.
> > 
> > Help
> > 
> > Thanks
> > Eric





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