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RE: Flaw in SwingHighBar/LowBar function?



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Problem solved guys. A local guy by the name of Jon helped me see things
I wasn't seeing.  

Adrian

> -----Original Message-----
> From: Adrian Pitt [mailto:apitt@xxxxxxxxxxxxx] 
> Sent: Monday, 14 July 2003 5:28 PM
> To: omega-list@xxxxxxxxxx
> Subject: Flaw in SwingHighBar/LowBar function?
> 
> 
> Hi,
> 
> Am I correct in assuming there is a flaw in the Omega 
> SwingHighBar and SwingLowBar functions?  The following code 
> produce the signal shown in the attachment.  
> 
> If MarketPosition = 1 then begin
> 	If SwingHighBar(1, H, 2, 20) < SwingHighBar(2, H, 2, 20) then
> 	ExitLong("time") from Entry("IDBuy") at market;
> end
> 
> While I realise this statement will always be true, it seems 
> odd to me it exited the position on the open the day after 
> the second swing high.  This means it assumed the formula was 
> correct on the day of the second high swing, which obviously 
> is impossible as it wont know its a swing high of strength 2 
> until the next day after the indicated exit. So in fact it 
> should be exiting 2 days later than indicated.  Am I missing 
> something here?
> 
> Adrian
>