|
PureBytes Links
Trading Reference Links
|
James.. as I read my reply to you, I see a probable mistake in the code I
suggested. I think if you multiply by .005 ( not 1.005) it should work.
If Close > (High[1] + (High[1] * .005)) then buy at market;
If Close < (Low[1] - (Low[1] * .005)) then sell at market;
----- Original Message -----
From: "Ray Gurke" <Ray@xxxxxxxxx>
To: "James F. Anderson III" <jayanderson@xxxxxxxxxxxxxxx>; "Omega List"
<omega-list@xxxxxxxxxx>
Sent: Monday, November 18, 2002 10:23 PM
Subject: Re: Active Trader KISS Article, December 2002
> James... I haven't tried this, but it looks like you just forgot to add
the
> calculated value to the high of the previous day / subtract from the low
of
> previous day. In any case, try this:
>
> If Close > High[1] + (High[1]*1.005) then buy at market;
>
> If Close < Low[1] - (Low[1]*1.005) then sell at market;
>
> BTW, there's something screwed up with the representation of the code in
the
> article. Take a look at the chart on page 40. The sells that are shown on
> the 18th and 24th did not close below the previous bars close. Hmmm... go
> figure...
>
> ----- Original Message -----
> From: "James F. Anderson III" <jayanderson@xxxxxxxxxxxxxxx>
> To: "Omega List" <omega-list@xxxxxxxxxx>
> Sent: Monday, November 18, 2002 9:00 PM
> Subject: Active Trader KISS Article, December 2002
>
>
> > The following Metastock code was listed in the December 2002 issue of
> Active
> > Trader magazine:
> >
> > Enter long C>(Ref(HHV(H,1),-1)*(1.005))
> > Close long C<(Ref(LLV(L,1),-1)*(1.005))
> > Enter short C<(Ref(LLV(L,1),-1)*(1.005))
> > Close short C>(Ref(HHV(H,1),-1)*(1.005))
> >
> > This code was contained as part of an article about a trading strategy
for
> > stocks, and was shown on page 38. I've tried to reproduce this code
into
> > EL, but my results have not been successful. The following EL code is
> what
> > I have managed to come up with so far. If anyone has coded this system,
> > could they possibly point me in the right direction?
> >
> > If Close > (High[1]*1.005) then buy at market;
> >
> > If Close < (Low[1]*1.005) then sell at market;
> >
> > Thanks,
> >
> > James Anderson
> >
> >
> >
> >
> >
> >
> >
>
>
|