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[EquisMetaStock Group] Re: Need help on intraday Day-trade system



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Gary, try this MS code:

=============================
Intraday System trade signals
=============================
---8<----------------------------

{ Sample intraday system trade signals }
{ Example only - do not trade! }

{ ©Copyright 2005 Jose Silva }
{ For personal use only }
{ http://www.metastocktools.com }

{ User inputs }
plot:=Input("Signals:  [1]Clean,  [2]All,  [3]Trade binary",1,3,1);
delay:=Input("Entry and Exit delay bars",0,5,0);

{ End of trade session - time inputs }
EnHour:=Input("Trading day's last Hour",
 0,23,15);
EnMin:=Input("Trading day's last Minute",
 0,59,59);

{ Day's start }
NuDay:=DayOfMonth()<>Ref(DayOfMonth(),-1);

{ Trading hours }
tradeHours:=Hour()<EnHour
 OR Hour()=EnHour AND Minute()<=EnMin;

{ Ignore first bar of day }
ignore:=BarsSince(NuDay)=1;

{ Entry & Exit examples }
entry:=C>(H+L+C)/3
 AND tradeHours AND ignore=0;
exit:=C<(H+L+C)/3
 OR tradeHours=0 OR ignore;

{ Clean signals, ignores entry/exit on same bar}
Init:=Cum(IsDefined(entry+exit))=1;
binary:=ValueWhen(1,entry-exit<>0 OR Init,
 entry-exit);
long:=binary=1 AND (Alert(binary<>1,2) OR Init);
short:=binary=-1 AND (Alert(binary<>-1,2)
 OR Init);
signals:=long-short;

{ Plot signals in own window }
Ref(If(plot=2,entry,0),-delay);
Ref(If(plot=1,signals,
 If(plot=2,-exit,binary)),-delay)

---8<---------------------------


jose '-)
http://www.metastocktools.com




--- In equismetastock@xxxxxxxxxxxxxxx, "richr4ever" <richr4ever@xxxx> 
wrote:
> Can someone offer some advise or helps here?
> 
> Thank you!
> 
> Gary
> 
> --- In equismetastock@xxxxxxxxxxxxxxx, "richr4ever" 
> <richr4ever@xxxx> wrote:
> Hi all:
> 
> I am trying to create an intraday Day-trade system using 
> Metastock. 
> 
> Let's say  C > (H+L+C)/3 is the Long Entry LE condition and C < 
> (H+L+C)/3 is the Long Exit LX condition.
> 
> I am trying to formula these conditions on it:
> 
> 1. If the LE signal occured on the first bar of every day, say 
> 9.30am, ignored that signal. Meaning that any signal that exist on 
> the first bar of the day, under any time frame, should be avoided 
> and ignored.
> 
> 2. All trades have to close by the end of the day, say at 4pm. 
> 
> I have no luck in formulating these two conditions. Please advise 
> and help. Many thanx in advance.
> 
> Gary






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