All, in the June 2010 edition of TASC, Walter Downs speaks of his Forex Gambit trading system.

I've started in a very elementary fashion what some of the code may look like, but so far, Metastock hasn't liked it a bit. Please help.

Buy : Buy two lower lows and a closing price that is greater than the midpoint of the bar and is above the SMA

My code:

L<(Ref(L,-1) AND Ref(L,-1)<Ref(L,-2))
AND
((H-L)/2)> Mov(C,30,S)
AND
C>((H-L)/2)

Exit Long: When a bar occurs whose range is greater than the previous three ranges and whose close is in the top 10% of the bar, exit a long position on the first closing price that is lower than the previous closing price OR exit after 16 days.

My code:

(((H-L)>Ref((H-L),-1)
AND
(H-L)>Ref((H-L),-2)
AND
(H-L)>Ref((H-L),-3)
AND
C>Mul((H-L) ,(.9)))
AND
C< Ref(C,-1))

OR

BarsSince((L<(Ref(L,-1) AND Ref(L,-1)<Ref(L,-2))

AND

((H+L)/2)> Mov(C,30,S)

AND

C>((H+L)/2)))=16

I'm pretty elementary when it comes to programming, so please give me any pointers you can.

Thanks.

Thanks.

I had to modify the line a2 and a3.

a1:=(L<Ref(L,-1))*(Ref(L,-1)<Ref(L,-2));

a2:=(H-((H-L)/2)>Mov(C,30,S));

a3:=C>(H-((H-L)/2))

Now, I think I can set up an advisor to say if buy if a1+a2+a3 = 3.

Off to find someone else's idea to copy, I suppose.