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Re: Daytrading Systems with Daily Charts?



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In a message dated 8/26/99 6:09:06 AM Pacific Daylight Time, 
paulweston@xxxxxxxxxxxxxx writes:

> 
>  If InsideDay = True
>   then Buy next bar at High stop ;
>  
>  This part works fine.  However, I don't want to do the trade if the open is
>  a gap open higher or lower than the previous day.  Is there a way to do
>  this???

Use: "If open next bar < H" and "If open next bar > L" to filter out gaps.


>  
>  Second is the exits:
>  
>  If MarketPosition > 0
>   then ExitLong at EntryPrice + ProfitTarget points limit ;

Just use the "profit target" in format system. You don't need to code this at 
all.

Bill Wynne 
SmartTrades.com