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I want to get in on the trend check TaFast or TAslow. But whenever the
confulence exits I then get a new entry based on the TA. How do I limit the
intial entry?
{Setup EZ8z's-- Three time periods, Data1,2&3 <20min,68min, 205min> on same
chart (Different colors).
Why do I have Data 3? Makes the breakouts even more obvious and
Allows you to see if the movemnet is out of range in longer time periods.
Use Tastoch as a trend indicator on the Data2. Get in on the trend. and try
this <confluence> as a reversal mechanism. I tried the chop function but too
many zero's to log function errors??}
Input:price(c),harmonic(10),avgLen(20);
var: mp(0);
value1=confluence(price,harmonic);
mp=marketposition;
IF Time >= 0720{Bond Session Sess1StartTime} AND Time <= Sess1EndTime then
begin
IF TAFastK(AVGLEN, 14)of data2 > TAFastD(AVGLEN, 7)of data2 then
Buy("UP") at market;
IF TAFastK(AVGLEN, 14)of data2 < TAFastD(AVGLEN, 7)of data2 then
Sell("DN") at market;
end;
{this should just get me in on the opening trend,
then just react to this "confluence" function }
If mp<>0 then begin
If Value1 >= 8 then Sell ("SAR+8") L[1] stop;
{try down chandelier here}
This exits only. need to execute one more contract size to reverse?
If Value1 <= -8 then Buy ("SAR-8") H[1] stop;
{ try up chandelier here}
end;
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