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> 2) If so, check to see if the last price is outside of a 25% range of the
> closing price of the prior day's trading.
<snip>
> IF Close > Close[1] + (Pct * Close[1])
It's easy to see the problems.
1. Your system, as stated in the text, could never trigger unless the
price moved 25% in a DAY. I assume you really mean 25% of the day's
range (high - low).
2. Your system, as stated in the code, could never trigger unless the
price moved 25% in a SINGLE BAR.
Coding the answer would take more time than I have. Suggestions...
calculate the previous DAY's range. Record the previous DAY's close. At
your trade time, compare the price to the previous day's close +/-
(.25 * previous day's range). Remember, Close[1] refers to the previous
bar not the previous day.
--
Dennis
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