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Hi all,
I want to plot the following figures at 10:00 onwards, based on the first 15-min (trade starts from 9:45 here) high plus A value and first 15-min low minus B. However, I don't want to show previous day's figures on the first 15-min trading.
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Time1:=Hour()=9 AND Minute()=45;
Time2:=Hour()=10 AND Minute()=00;
HH:=ValueWhen(1,Time2,HighestSince(1,Time1,H));
LL:=ValueWhen(1,Time2,LowestSince(1,Time1,L));
HH1:=HH+10;
LL1:=LL-10;
HH1;LL1
-----------\\\\------
When I plot the above, the lines also show the previous day HH1 and LL1 during the first 15 min trading, I want to eliminate them...
Is there any time specific function (I can't find in Formula Primer)? say in the following logic, but there seems no such function :oops:
If(Time>=10:00, HH1,0);
If (Time>=10:00, LL1,0)
Perhaps, there is another way to do that... Any recommendations??
Cheers!!
Gary
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Rank: Advanced Member
Groups: Registered, Registered Users
Joined: 1/19/2005(UTC)
Posts: 1,065
Location: Koh Pha-Ngan, Earth
Was thanked: 2 time(s) in 2 post(s)
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Gary, the problem here is that if there is no data at exactly 9:45am and/or 10:00am, your formula will go looking for the previous days' values at those two times.
Try this MS code:
[code:1:48b2d93109]{ http://www.metastocktools.com }
{ Time inputs }
Hour1:=Input("1st time Hour",0,23,9);
Min1:=Input("1st time Minutes",0,59,45);
Hour2:=Input("2nd time Hour",0,23,10);
Min2:=Input("2nd time Minute",0,59,0);
{Another way of coding start of trading session
on intraday charts:}
{NuDay:=DayOfMonth()<>Ref(DayOfMonth(),-1);}
{ Time triggers }
Time1:=Hour()>Hour1
OR Hour()=Hour1 AND Minute()>=Min1;
Time2:=Hour()>Hour2
OR Hour()=Hour2 AND Minute()>=Min2;
{ Gary's stuff }
HH:=ValueWhen(1,Time2,HighestSince(1,Time1,H));
LL:=ValueWhen(1,Time2,LowestSince(1,Time1,L));
HH1:=HH+10;
LL1:=LL-10;
{ Plot in own window }
HH1;LL1[/code:1:48b2d93109]
jose '-)
http://www.metastocktools.com
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers
Joined: 4/30/2005(UTC)
Posts: 112
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Thanks Jose,
... it doesn't work, don't know why....
Gary :oops:
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Rank: Advanced Member
Groups: Registered, Registered Users
Joined: 1/19/2005(UTC)
Posts: 1,065
Location: Koh Pha-Ngan, Earth
Was thanked: 2 time(s) in 2 post(s)
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Oopsey, forgot the time signals. :oops:
Try this code:
[code:1:858c5147d7]
{ http://www.metastocktools.com }
{ Time inputs }
Hour1:=Input("1st time Hour",0,23,9);
Min1:=Input("1st time Minutes",0,59,45);
Hour2:=Input("2nd time Hour",0,23,10);
Min2:=Input("2nd time Minute",0,59,0);
{Another way of coding start of trading session
on intraday charts:}
{NuDay:=DayOfMonth()<>Ref(DayOfMonth(),-1);}
{ Time triggers }
Time1:=Hour()>Hour1
OR Hour()=Hour1 AND Minute()>=Min1;
Time1:=Time1 AND Alert(Time1=0,2);
Time2:=Hour()>Hour2
OR Hour()=Hour2 AND Minute()>=Min2;
Time2:=Time2 AND Alert(Time2=0,2);
{ Gary's stuff }
HH:=ValueWhen(1,Time2,HighestSince(1,Time1,H));
LL:=ValueWhen(1,Time2,LowestSince(1,Time1,L));
HH1:=HH+10;
LL1:=LL-10;
{ Plot in own window }
HH1;LL1[/code:1:858c5147d7]
jose '-)
http://www.metastocktools.com
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers
Joined: 4/30/2005(UTC)
Posts: 112
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Jose,
I have tried your code which couldn't even draw a line on the chart.... not sure what's wrong...
Just to clarify if I haven't done it well at the beginning. my original code draws the two lines that I want, but would like to eliminate the previous lines during the first 15 min of trading before a new set of lines could be drawn.
cheers!
Gary
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers
Joined: 4/30/2005(UTC)
Posts: 112
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Jose,
I have another thought, making the indicator applicable to security / commodity with different opening time.. using your
NuDay:=DayOfMonth()<>Ref(DayOfMonth(),-1);
and then add 15 mins...... I think that is much better... you have a very good input!!
but I need to figure out how to count 15 min.... as I am not familar with MS code....
:lol: Gary
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Rank: Advanced Member
Groups: Registered, Registered Users
Joined: 1/19/2005(UTC)
Posts: 1,065
Location: Koh Pha-Ngan, Earth
Was thanked: 2 time(s) in 2 post(s)
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Gary, try first experimenting with the time signals - the rest becomes easier then.
[code:1:dd61407015]{ http://www.metastocktools.com }
{ Time inputs }
Hour1:=Input("time - Hour",0,23,10);
Min1:=Input("time - Minutes",0,59,0);
{ Start of trading session on intraday charts:}
NuDay:=DayOfMonth()<>Ref(DayOfMonth(),-1);
{ Time trigger }
Time1:=Hour()>Hour1
OR Hour()=Hour1 AND Minute()>=Min1;
Time1:=Time1 AND Alert(Time1=0,2);
{ Plot time signals in own window }
NuDay;-Time1;[/code:1:dd61407015]
jose '-)
http://www.metastocktools.com
.
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers
Joined: 4/30/2005(UTC)
Posts: 112
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Hi Jose and others,
Thanks for your input. I can draw the lines that I want. Actually, it is the part of the ACD Methodology, developed by Mark Fisher. You can see more info in the following website.
http://www.investopedia..../technical/04/032404.asp
http://www.themysterybox...amg/ensign/ACDmethod.htm
Originally Posted by: A value",2,30,13) 
Well, I now want to plot the buy and sell signal on the chart:-
Buy signal if price stay above Aup for 7.5 mins (I am not sure how to code this, perhaps based on 1 min chart, buy signal if close of consecutive 1 min bar >7)
Similary, sell signal if close of consecutive 1 min bar>7.....
Can you help me to code this?
Many thanks!
Gary
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers
Joined: 4/30/2005(UTC)
Posts: 112
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Hi Jose / others,
Do you have time to look at the previous post that require time condition to make an entry.
Also, I have found it difficult to write anything about time. Say, if I have defined the LE (long) condition on the Latch Function to be applied on intraday chart. how can I write the LX (Long exit) if it is simply square on closing on 17:00.
I just want to test the idea to write a system tester to test if the idea is profitable or not....
Cheers!
Gary
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