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I just want to re-emphasize Gary's remarks........
CHECK THE FUNCTION CODE SOURCE BEFORE USING ANY "BUILT-IN" TS FUNCTIONS !!
> -----Original Message-----
> From: Gary Fritz [mailto:fritz@xxxxxxxx]
> Sent: Tuesday, July 25, 2000 12:00 PM
> To: omega-list@xxxxxxxxxx
> Subject: Re: 30 Minute Breakout system
>
>
> > Example 1 : Buy at todays high plus one pointon a
> > stop.
> > Buy at HighD + 1 point stop;
> > Example 2 :Buy at YESTERDAYS high plus one pointon a stop.
> > Buy at HighD[1] + 1 point stop;
>
> HighD (and LowD, CloseD, OpenD) are functions. You must pass a
> parameter to tell them what day you want. So today's high is
> HighD(0), and yesterday's high is HighD(1).
>
> On a related note, I have had a LOT of trouble with the HighD &etc
> functions. I've solved many mysterious problems by computing the
> daily high/low myself instead of using HighD/LowD. I finally looked
> at the HighD/etc code. It looks like it will fail if you don't call
> it on EVERY bar of the day (especially the first bar), so maybe that
> was my problem. Omega should have declared it as a Series function
> to avoid this error. Be Careful if you use those functions!! Better
> yet, copy them to MyHighD &etc, and declare the copied functions to
> be Series.
>
>
> However, I think Jose is looking for something a bit different. He
> wants the H/L of the first 30 minutes, then he wants to set stops
> above & below that 30min H/L for the rest of the day. Correct, Jose?
>
> To do that, you'll have to store the 30min H/L into variables and
> refer to those values for the rest of the day.
>
> Assuming you're using 30min bars (so the first bar of the day is the
> 30min bar you're interested in), you could do something like this:
> (Not tested)
>
> Vars: High30(0), Low30(0), OneTick(MinMove points);
>
> if Date<>Date[1] then begin { First bar of the new day }
> High30 = High;
> Low30 = Low;
> end;
>
> { Clear the stop values if the stops are hit }
>
> if High >= High30 + OneTick then High30 = 0;
> if Low <= Low30 - OneTick then Low30 = 0;
>
> { Don't issue orders on the last bar of the day, since that
> order would affect the first 30min bar of the next day! }
>
> if Time < Sess1EndTime then begin
> if High30 <> 0 then buy at High30 + OneTick stop;
> if Low30 <> 0 then sell at Low30 - OneTick stop;
> end;
>
> Gary
>
>
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