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[EquisMetaStock Group] Re: new indicator needed...help



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Sunil,

Let's try the expert. We'll focus on the buy first and build from 
there.
Go into a new expert. Label it Sunil System. Next Symbols and open 
it. Now New. Name it Buy. In Condition enter 

H >= Ref(HHV(H,50),-1)

This says that the high is greater than or equal to yesterday's  
highest high value of the high over the last 50 days.  

In Graphic select a buy arrow. You can place the graphic either 
below or above the price. Close the expert and attach it to a chart.

Now see if the signals are what you are looking for. 

Let me know and we will proceed with a trailing stop.

Preston

 

--- In equismetastock@xxxxxxxxxxxxxxx, "SUNIL gupta" 
<sunilgupta72@xxx> wrote:
>
> Dear Preston,
> 
> Well I need a expert advisor which gives Buy signal when a stock 
touches 50
> days high...and there should be trailing stop loss line which is 
based on 25
> days lowest. So the sell signal will be genrated when the stock 
touches 25
> days low on trailing basis..and next buy signal will be genrated 
when stock
> touches 50 days highest again.
> 
> Example...
> 
> Supposing on day 75 stock touches its 50 day high..the trailing 
stop loss
> will be low of Day 50 to day 75..and on day 80 the stop loss will 
be low of
> day 55 to day 80.
> 
> I hope it is clear preston.
> 
> Sunil
> 




 
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