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RE: [EquisMetaStock Group] Fractal - delayed signal



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The signal comes after all the conditions are fulfilled.

 

 

From: equismetastock@xxxxxxxxxxxxxxx [mailto:equismetastock@xxxxxxxxxxxxxxx]
On Behalf Of Perumal Ramasamy
Sent: Tuesday, April 03, 2007 8:35 PM
To: equismetastock@xxxxxxxxxxxxxxx
Subject: [EquisMetaStock Group] Fractal - delayed signal

 

Hi friends

I wanted to code a buy signal with the following three conditions:

1. Low should be the low of the last 10 periods
2. Low should be less than the low of the previous 2nd bar
3. Low should be less than the low of the subsequent 2nd bar or subsequent
3rd bar

I had coded this as under:

L <=LLV(L,10) AND
L<Ref(L,-2) AND
L<Ref(L,2) OR L<Ref(L,3) ;

To satisfy this condition, minimum 5 bars are required. One central bar with
lowest low of 10 periods, 2 bars on the left side of LLV bar, and 2 bars on
the right side of the LLV bar. If the condition is not satisfied, it will
need the 6th bar (3rd bar on the right side). This will give a signal
earliest when 2 bars have been posted after LLV(L,10) bar

My problem is that even if the condition is satisfied with 5 bars, the
signal is not given. It is only given after 6th bar is posted. Logically, it
should give the signal with 5 bars since even without 6th bar, the last
condition ( L<Ref(L,2) OR L<Ref(L,3) ) is satisfied.

Is there any work around to come out of this problem, and get the signal
with 5 bars if the conditions are satisfied.

Anybody can help me?

Regards

Perumal

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[Non-text portions of this message have been removed]



 
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