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> But I find that my code enters and exits immedaitely.
You have the right idea. You attempted to capture the crossover
event, rather than just looking to see if avg1 was greater than
avg2:
> { set buy flag to 1 when there is an up crossover }
> IF Value1 > Value2 AND Value1[1] < Value2[2] then begin
One minor error: you should be looking at Value2[1] instead of
Value2[2].
Easy Language supports "crosses over" and "crosses under"
operators to simplify this. You could instead use:
IF Value1 crosses over Value2 then begin ...
But that's not what's causing your problem. The reason your code
keeps re-entering is because you never clear BuyFlag / SellFlag
when you enter a position, so the buy order keeps getting re-
issued. By default TS will only take one position in each
direction, so it doesn't buy again while you're long. But as
soon as you exit on the profit target, *poof* there you go again.
Try something like
if MarketPosition = 1 then BuyFlag = 0;
if MarketPosition = -1 then SellFlag = 0;
> { Buy above previous high on any bar after crossover }
> IF BuyFlag = 1 then buy at high + 1 stop;
Be aware that as long as BuyFlag is 1, it will issue the buy
statement on every bar, just as it should. But it will use the
high of THAT BAR on every order. Is that what you want? Maybe
you should store the high of the bar where the crossover happens?
Gary
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