|
PureBytes Links
Trading Reference Links
|
At 11:36 PM 2/26/2005, ericzh2003 wrote:
>Hi List,
>
>I'm coding a strategy and I need some help in coding:
>
>If within N bars, { ...} occurs more than M times, then
>buy stop Highest (High, N)
>Sell stop Lowest (Low, N)
>
>is there a built-in function similar to MRO?
>
>Appreciate any response.
>
>Regards,
>Eric
Hi Eric,
Use the built in "CountIF" function. This function counts the number of true occurences over a lookback length.
e.g., value1 = CountIF(Close > Open,24);
So you would use
if CountIF({...}, N ) > M then ...
----
If for some reason CountIF is not available then do this...
Create a function, say MyTest, with the {...} code in it. Output is 1 if {...} is true, 0 if false.
To see whether {...} occurs > M times in N bars, do this:
if N*Average(MyTest, N) > M then ...
HTH
Mike Gossland
|