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If Open < Close[1] then Buy Close[1] stop;
If Open > Close[1] then Sell Close[1] stop;
Try this is what you want.
____________________Reply Separator____________________
Subject: Basic EL Problem
Author: Michael Harris
Date: 10/27/98 3:09 PM
I am trying to better learn EL and was attempting to code a simple
concept discussed here recently. That is, if the open is below
yesterday's close, buy when price exceeds yesterday's close... and the
reverse for sells.
I tried:
If open < close[1] then buy at close[1] limit;
If open > close[1] then sell 1000 at close[1] stop;
but the entries are all over the place. Can someone tell me what simple
thing I am doing wrong.
Thank you in advance.
Mike
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