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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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