Is there a way to perform two or more actions when an IF statement is true? For example: If(Condition A,{THEN} action1 {AND} action2,{ELSE} .....) Thx

You could use 2 if statements separately
If(Condition A,{THEN} action1 ,{ELSE} .....)
If(Condition A,{THEN} action2,{ELSE} .....)

it would help if you posted your code or trading ideas

You have to define your entry and exit signals and then develop a latch.

3DD:=Sum(C < Ref(C,-1),3)>2; {3 down days}
EDVol:=ValueWhen(1,gapup()*(V>Ref(V,-1))=1,V); {entry day Volume}
LE:=Gapup()*(V>Ref(V,-1))=1; {long entry}
LX:=3DD*(V>EDVol)=1; {Long exit}
Sys:=If(BarsSince(LE)>BarsSince(LX),1,If(BarsSince(LE) < BarsSince(LX),-1,0));
Sys;

Hi Henry, I am trying to implement the above by using PREV based latches but with no success till now. I would appreciate for your guidelines? Regards

Dear jjstein, thank you very much for your reply and the smart code that you proposed. Unfortunately this is not what I am looking for due to the following two reasons: The sell signal should be generated when we will sum 3 DownDays AFTER the entry signal. Therefore: A) we do not know in advance the duration required in order to sum the 3 DownDays. By using the function Sell:=Sum(DownDay,10)=3; we limit the duration to the 10 previous days. As I also said in the previous post the duration might be 10 days or more. B) we want to start the counting of the DownDays AFTER the entry signal. Thus, we have to reset the counter of the DownDays at the time of an entry signal and then start counting from 0 again. Otherwise, we might face the following problem: Suppose that at a time we have 2 DownDays and then we get an entry signal. The next day we have one more DownDay. The proposed code will give us an exit signal since it will sum 3 DownDays in the previous 10 days. But we do not want to get an exit signal. We want an exit signal as soon as we will sum 3 DownDays after the entry signal I hope that the differences are clear.

Hi Jonathan, Once again I would like to thank you for your effort. Unfortunately the approach still has a problem: The problem is with the reset function. Think of the case that we are IN the market and we are counting the DownDays to see for an exit signal. Suddenly we have another Buy signal (Gapup day with high volume) that mistakenly resets the DownDays counter. In simple words: - As long as we are IN the market we are interested for counting only DownDays. - As long as we are OUT of the market we are interested only for the Gapup days, as we have defined them. We do not want the decision to be affected by other events. Can we achieve something like this?

Hi Jonathan, It seems that we are in a better status. The next days I will finish the coding in order to check the correct behavior. I will let you know of the results soon. Thanks again for your help.