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Hi Jose:
It take time to accmulate the wealth, right? :-)
I plotted your fine Intraday System trade signals indicator but
I still see the signal on the first bar of the day. The indicator
will have 1 on the first bar of the day and then -1 on the second
bar of the day right after it.
What I trying to do is, is whenever the buy/sell signal exist on the
first bar of the day, that particular trade, including buy/sell
signal and exit signal should be eliminated and ignored.
Please advise, Jose.
Many thanx.
Gary
--- In equismetastock@xxxxxxxxxxxxxxx, "Jose Silva"
<josesilva22@xxxx> wrote:
> Gary, it may take you sometime to achieve your financial goal
> (richr4ever) using this simple system example, but here it goes:
>
> ---8<-------------------------------
> Buy Order:
> Fml("Intraday System trade signals")=1
>
> Sell Order:
> Fml("Intraday System trade signals")=-1
> ---8<-------------------------------
>
>
> jose '-)
> http://www.metastocktools.com
>
>
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, "richr4ever"
<richr4ever@xxxx>
> wrote:
> > Hi Jose:
> >
> > How can I incorporated or create the codes under System Tester?
I
> > believe your fine codes are for creating an indicator. I want to
> > test it under System Tester.
> >
> > Many thanx in Advance!
> >
> > Gary
> >
> > --- In equismetastock@xxxxxxxxxxxxxxx, "Jose Silva"
> > <josesilva22@xxxx> wrote:
> >
> > 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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