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Hi Ashish,
You can try this formula:
{Setup}
Buysetup := Low > Mov(C,50,S);
Sellsetup := High < Mov(C,50,S);
{Signal}
Buysignal := Alert(Buysetup=0, 3) AND Alert(C> Ref(H, -1), 2);
Sellsignal := Alert(Sellsetup=0, 3) AND Alert(C< Ref(L, -1), 2);
Buysignal; Sellsignal
Thanks and Regards,
Amit Trivedi
President & CEO
Athenasolutionz.com - "We sell hope, in the stock market."
----- Original Message -----
From: aserr_98
To: equismetastock@xxxxxxxxxxxxxxx
Sent: Sunday, September 17, 2006 12:24 AM
Subject: [EquisMetaStock Group] Re: Creating an expert advisor
Hi
You migth want use cross cross(mov(c,50,s). Or if you want the
close above mov 50 and the open under mov 50, use c > Mov(c,50,s) and
O < Mov(c,50,s), this way the body are crossed by the mov ave.
Hope this help.
--- In equismetastock@xxxxxxxxxxxxxxx, ashish gupta <loveashu_1@xxx>
wrote:
>
> Hi all,
>
> I want to create an expert advisor/indicator in metastock.
>
> Buy Signal
> Buy when a full bar is made above the 50 day Moving average (i.e.
low of the bar should be above the 50 DMA) and high of that bar is
breached.
>
> Sell Signal
> Buy when a full bar is made below the 50 day Moving average (i.e.
high of the bar should be below 50 DMA) and low of that bar is
breached.
>
> I know how to write equation for the bar above/below 50 DMA
> For Buy - Low > Mov(C,50,S)
> For Sell - High < Mov(C,50,S)
>
> but i dont know what and how to add the breach condition in the
above formula.
>
> Please advise me how to do create this expert advisor.
>
> Thanx
>
> Regards,
> Ashish Gupta
>
>
> Ashish Gupta
> 9810046324
>
> ---------------------------------
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