[EquisMetaStock Group] Re: How do I generate a conditional clear signal for an average price?

["Jose Silva" <josesilva22@xxxxxxxxx>]

Bill, maybe this indicator code can be of help:


==================
Signal accumulator
==================
---8<----------------------------

{ Signal/Value accumulator v1.0
  Accumulates & resets value count.
  http://www.metastocktools.com }

{ Indicator output choice }
plot:=Input("plot:   [1]Accumulation,   [2]Signals",1,2,1);

{ Start count signal }
start:=TroughBars(1,C,5)=0;

{ End count signal }
end:=PeakBars(1,C,5)=0;

{ Start to End flag, clean signals }
init:=Cum(IsDefined(start+end))=1;
flag:=ValueWhen(1,start-end<>0 OR init,start);
start:=flag*(Alert(flag=0,2)
 OR start*Cum(start)=1);
end:=(flag=0)*(Alert(flag,2)
 OR end*Cum(end)=1);

{ Value to accumulate - Bars }
value:=1;

{ Accumulate values }
acc:=Cum(flag*value);
accVal:=acc-ValueWhen(1,end,acc);

{ Plot in own window }
If(plot=1,accVal,start-end)

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


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




--- In equismetastock@xxxxxxxxxxxxxxx, "wwflhp" <wwfarr@xxx> wrote:
>
> Version Used 9.0
> Date: 12-9-06
> Subject: How do I generate a conditional clear signal for an average
> price?  
> I want to have a sell signal that is conditional on the average price
> of pyramided buys.  That is, the sell signal is only generated if the
> current closing price of a stock exceeds the average purchase price
> after several pyramided fixed $ amount buy signals.  The problem is,
> how do I clear the total invested and total shares owned sum variables
> to zero only after the conditional sell signal is generated? 
> Specifically;
> 
> PurchaseAmount:=5000;
> BuySignal:= Cross(C,Mov(C,20,E));
> TotalInvested:= If(BuySignal,PREV+PurchaseAmount,PREV);
> TotalShares:= If(BuySignal,PREV+(PurchaseAmount/C),PREV);
> AvePrice:=TotalInvested/TotalShares;
> SellCondition:=Cross(Mov(C,20,E),C);
> SellSignal:=SellCondition AND (C>(AvePrice));
> 
> How do I clear TotalInvested and TotalShares, to 0 only if sell signal
> is true?
> I tried many variations following the SellSignal including;
>  
> If(SellSignal,TotalInvested=0,Ref(TotalInvested,-1));
> If(SellSignal,TotalShares=0,Ref(TotalShares,-1));
> 
> I've also tried
> 
> If(Ref(SellSignal,-1),TotalInvested=0,Ref(TotalInvested,-1));
> If(Ref(SellSignal,-1),TotalShares=0,Ref(TotalShares,-1));
> 
> And I've tried
> 
> If(Ref(SellSignal,-1),TotalInvested=0,
> TotalInvested=Ref(TotalInvested,-1));
> If(Ref(SellSignal,-1),TotalShares=0, TotalShares=Ref(TotalShares,-1));
> 
> But I get strange results.  I can't get TotalInvested and TotalShares
> to go to 0 after the SellSignal and to stay 0 until the next
> BuySignal.  Thanks and Happy Holidays,  Bill





 
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