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Have created and verified following function to give an entry signal, that
the moving average is rising over 20 days and the close is above it
IF (XAverage(close,50 ) - XAverage(close,50 )[20]) > 0
and Close > XAverage(close,50 )
then
Test01= True
When I write a system and use this function it does not show entries only
when the moving average is rising but also when moving average is falling
{ LONG ENTRY }
IF CurrentBar >1 and MarketPosition = 0 then begin
IF Test01= true
then buy at high + 1 stop;
end;
Strange thing is it seems to work on some stocks
Mel F
melsmail@xxxxxxxxxxx
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