Re: Simple Easy Language Code

[Bob Fulks <bfulks@xxxxxxxxxxxx>]

At 6:56 PM +0200 5/12/01, Charles Strong wrote:

>This is my simple easylanguage:
>
>Inputs: BZ(2), SZ(1);
>Sell at SwingHigh(1,high,1,50) - (SwingHigh(1,high,1,50)* (sz*.01)) stop;
>buy at swinglow(1,low,1,50) +  (Swinglow(1,low,1,50)* (bz*.01)) stop;
>
>I would like to continually reverse my position.  I want to buy x% off of
>the swinglow and sell x% off of the swinghigh.
>
>My code does not seem to be doing the trick.  Any suggestions, please?

The SwingHigh and SwingLow functions find the swing highs/lows after they have occurred.

In the above code the "SwingHigh(1,high,1,50") function will search back 50 bars for the most recent swing high of strength = 1 and return that high price. But by then it is too late to make the trade.

See the on-line help for a complete description of the functions.

Bob Fulks