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Hi Khalid,
Please take the following code as correct code as Close price was used with 6DMA in previous code. Sorry for posting wrong code.
cond1:= Sum((C> Mov(C,5,S)) AND (C> Mov(O,6,S)),3)=3;
Cond2:= Alert(Cross(Mov(C,5,S), Mov(O,6,S)),3);
Entry:= cond1 AND cond2;
Exit:= Cross(Mov(O,6,S), Mov(C,5,S));
Entry; Exit
Thanks and Regards,
Amit Trivedi
President & CEO
Athenasolutionz.com - "We sell hope, in the stock market."
----- Original Message -----
From: Khalid Masood
To: equismetastock@xxxxxxxxxxxxxxx
Sent: Monday, September 18, 2006 5:30 AM
Subject: [EquisMetaStock Group] 5 DMA-Close & 6 DMA-Open Crossover
Hi,
I want to code an indicator with following parameters:
For Entry:
(1). Today's close is above (5day simple closing moving average &
6day simple open moving average) for last three days.
(2). 5day closing moving average crosses above 6day open moving
average.
For Exit:
6day open moving average crosses above 5day close moving average.
I have tried but unsucessfull,please help & thanks in advance.
Regards
Khalid
[Non-text portions of this message have been removed]
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