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Groups: Registered, Registered Users Joined: 9/15/2006(UTC) Posts: 24
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Hi
I am trying for an exploration which can give me the following result......
Buy signal should come when the close is higher than the previous 5 days high in column A and in column b i want to find out the highest low in the last five days.
This will give e a buy signal when the script closes above the last five days high and also gives me the stop loss as highest low of the last five days.
Day 1 Day 2 Day 3 Day 4 Day 5 Day 6
High 300 304 298 296 299 306
Low 290 295 287 292 295 298
In the above example Day 6 the close was higher than all the previous 5 days so i should get a signal in column A and in column B i should get the value as 287 as that is the low in the last five days.
can some one give me the exploration code for the same
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