|
PureBytes Links
Trading Reference Links
|
<<<
My (first) problem has come up in looking at their "Turtle Soup"
trades. The idea (for those not already familiar with it) is to fade
breakouts of the 20-day range if the price starts to pull back,
provided the previous 20-day high or low occurred at least four
bars ago. So I want an indicator that marks 20-day highs and
lows occurring at least four days after the previous one. I tried
the following:
Iff(Low = Lowest(Low, 20) AND
MRO(Low = Lowest(Low, 20), 21, 2) > 3, 1, 0) +
Iff(High = Highest(High, 20) AND
MRO(High = Highest(High, 20), 21, 2) > 3, -1, 0)
>>>
vars:LL(0),HH(0);
LL=lowest(L,20);
HH=highest(H,20);
if LL<>LL[4] and L=LL then ......
if HH<>HH[4] and H=HH then......
dbs
|