Rank: Advanced Member
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Joined: 10/6/2005(UTC)
Posts: 51
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I'm getting false signals when using the expert symbol function in MS 9.1. When using even a single condition i.e. low<mov(close,21,simple) or cross(low,mov(close,21,simple)) I get symbols on the chart, but a number of symbols are incorrect and show up when the low is below the 21 average of the close-
Any idea what's going on and how to correct? Many thanks
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Rank: Advanced Member
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Joined: 10/29/2004(UTC)
Posts: 1,394
Location: Glastonbury, CT
Was thanked: 2 time(s) in 2 post(s)
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Sounds like you need to develop a system that uses a latch!
the signal should give a + signal for long - Signal for short and 0 when not in a position
so the first bar of a long position the signal will be +1 and Ref(Signal,-1)<=0
the first bar of a long exit the signal will be 0 and Ref(Signal,-1)>1
the first bar of a short signal will be -1 and Ref(Signal,-1)>=0
The first bar of a short exit the signal =0 and Ref(Signal,-1)<0
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Rank: Advanced Member
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Joined: 10/12/2005(UTC)
Posts: 141
Location: Brooklyn,NY
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kadip,
You might want to also try erasing your moving average and reapplying it to the chart .When it asks for display options choose "merge with price on right".I had similar problems and the signals were correct but the average was being displayed differently;so it looked as if it was wrong but it was just visual.
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Rank: Advanced Member
Groups: Registered, Registered Users
Joined: 10/6/2005(UTC)
Posts: 51
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Thanks Henry and Sport- great idea for the latch thans- sport, you were on the money- replotted the ma and watched the axes, did the trick-thanks again
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