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Re: ELA Code



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> Date:          Sat, 18 Apr 1998 23:34:40 -0400
> To:            omega-list@xxxxxxxxxx
> From:          "Cory L. Romero" <ritchie@xxxxxxxx>

> 	If at 3:15pm the price is above the open for the month, buy at the close
> and if at 3:15pm the price is below the open for the month, sell at the close.
> 
> How do you code open for the month? Is it possible to code the above using
> the 15 minute chart?

Roughly like this, although you may need to tweak a few things on 
this, fix up the syntax a little.   I think you'll need to add some 
exits somewhere.  Use this on 15 minute bars.

var: month_open(0);

if (month(date) <> month(date)[1]) Then
	month_open = open;

if (time = 1515 and open > month_open) Then
 buy at the close;

if (time = 1515 and open < month_open) THEN
	sell at the close;