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You are talking integration of multiple time periods.....which TS is not
good at doing.
My recommendation: get Hashnumbs from those Aussie Boyz.......it'll fix you
up in a jif !
> -----Original Message-----
> From: Ian MacAuslan [mailto:imacauslan@xxxxxxx]
> Sent: Friday, June 16, 2000 1:09 PM
> To: omega-list@xxxxxxxxxx
> Subject: EL Question - Referencing 52-week High on Intra-Day Chart
>
>
> I'm hoping an EL guru out there can help me.
>
> I trade stocks intra-day (5 minute bars), and am aware of TS4's 13,000
> bar limit. However, in addition to several intra-day setup criteria I
> use to take a position, I'd like also to add the following additional
> critieria--based on a 52-week high: Only enter a trade on the long side
>
> if "Close >= 52-Week high". Obviously, this would exceed the 13,000 bar
>
> limit, if I attempted to load 1 year's worth of 5-minute bars!
>
> So, I attempted to use the following, which would update on the close of
>
> every 5-minute bar:
>
> value1 = MaxList(value1, HighW(0) ) ;
> if close >= value1 then Buy at Market;
>
> I thought I could use the "HighW" (weekly high) function in EasyLanguage
>
> bundled with TradeStation 4 to solve my problem.. ..However, I've
> looked at the EL code for "HighW", and it appears to simply reference
> "Data1" series--which in my case is intraday, so it will simply return
> "-1" since the compression is not daily.. Moreover, even if it does
> work using intraday data, it seems to me "value1"(as I've written it
> above) is only going to contain series data for only "MaxBarsBack"
> number of bars, correct--not 52 weeks?
>
> Perhaps someone's already gone down this road before?? I'd certainly
> love to hear it if so!
> thanks
> ian
>
>
>
>
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