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Dear Preston,
Its great.. we have started it..i did as u said and we are on right track.
Now there are some errors in it which i shall explain.
First It gives buy arrow everytime stock is at 50 days high. What i want is
that it should give buy sign when stock is at 50 days high and then should
give next buy signal only after stop loss is triggered and the stop loss or
sell signal is 25 days lowest on trailing basis while the buy remains at
first 50 days highest. it would be better if we could plot a line of 25 days
lowest as it will keep changing everyday. and when the stock closes below
that line it is stop loss or sell signal.
Regards,
sunil
On 5/30/07, pumrysh <no_reply@xxxxxxxxxxxxxxx> wrote:
>
> 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 <equismetastock%40yahoogroups.com>,
> "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
> >
>
>
>
--
Sunil Gupta
[Non-text portions of this message have been removed]
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