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Re: [EquisMetaStock Group] Re: Carrying Target



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Hi
  I wrote this code...
  To catch the first time i hit my goal (which is as an example if the close is 5% more first time siince the signal buy);;
  Trend := Mov(C,9,E) > Mov(C,21,S);
StartTrend := Trend AND Cross(Mov(CLOSE,9,E),Mov(CLOSE,21,S));
MyGoal:=ValueWhen(1, Cross(Mov(CLOSE,9,E),Mov(CLOSE,21,S)),C*1.05);
Trigger:=Cross(H,MyGoal); 
Signal:= Trend AND Trigger AND BarsSince(Ref(Trigger,-1)) > BarsSince(StartTrend);
Signal;
  It works fine except for for all the chart except first time,,,,
  Any idea?
Abo Faisal <isuisu2222@xxxxxxxxx> wrote:
    Hi
  Thanks
  What i can do to plot target achived only when i hit the target at the first time? if the condition is applied next day or later i do not want to plot. This logic will keep ploting every time ,,
  Any smart idea?

Jose Silva <josesilva22@xxxxxxxxx> wrote:
  Majed, use the MS indicator below as a basis for you target 
conditions.

========
Target %
========
---8<--------------------------

{ Target based on SMA crossover signals.

©Copyright 2006 Jose Silva.
  For personal use only.
  http://www.metastocktools.com }

{ User inputs }
pr:=Input("Target %",-100,100,5);
pds1:=Input("SMA 1 periods",1,260,5);
pds2:=Input("SMA 2 periods",2,2600,21);
plot:=Input("plot:  [1]Target,  [2]Signals",
1,2,1);

{ SMAs }
sma1:=Mov(C,pds1,S);
sma2:=Mov(C,pds2,S);

{ Crossover signal }
entry:=Cross(sma1,sma2);

{ Signal's Close }
entryVal:=ValueWhen(1,entry,C);

{ Target }
target:=entryVal*(1+pr/100);

{ Taget breach signal }
exit:=Cross(C,target);

{ Plot target on price chart }
If(plot=1,target,entry-exit)

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


> Also what will happen if i have multiple targets?

You will be confused.


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




--- In equismetastock@xxxxxxxxxxxxxxx, Abo Faisal <isuisu2222@xxxx> 
wrote:
>
> Hello
>   I need your help guys, thanks in advance..
>   i'm calculating a price profit target based on mat calculation
> after two moving averages crossed each other. Now i'd like to check
> if any future price match this price profit target, how and where
> can i save the target? how can i access in future.
>   Example:
>   at 1-1-2006 a 10 moving average crossed the 50 MA and i decided
> that the proift target will be the close price*1.15, for example.
> how can i in future find this target so i can compare it with
> current close price? Also what will happen if i have multiple
> targets?
>    
>   Thanks
>   Majed









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