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RUAGOODP  
#1 Posted : 20 years ago
RUAGOODP

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Location: perth australia

Hi all, I have a set up and am trying to develop an entry based on the setup. My set up is: Bsetup:=Sum(C < Ref(C,-4),5)=5 AND Ref(C,-5) >= Ref(C,-9); What I am trying to do is to enter when a close following this setup closes above the high of this setup. Any ideas on how to construct this? Cheers Norman
Patrick  
#2 Posted : 20 years ago
Patrick

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Try : Bsetup:=Sum(C < Ref(C,-4),5)=5 AND Ref(C,-5) >= Ref(C,-9); Cross(C,Valuewhen(1,Bsetup,H)) Patrick :mrgreen:
RUAGOODP  
#3 Posted : 20 years ago
RUAGOODP

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Hi Patrick, Your formula only references the last bar of the setup and assumes it is the highest bar of the setup....I am trying to reference the highest bar in this setup and enter on a close above this high. Somehow I think this is not possible in metastock. Any other ideas> Norman
Patrick  
#4 Posted : 20 years ago
Patrick

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Bsetup:=Sum(C < Ref(C,-4),5)=5 AND Ref(C,-5) >= Ref(C,-9); Cross(C,Valuewhen(1,Bsetup,HHV(H,5))) Hope this works for you Patrick :mrgreen:
RUAGOODP  
#5 Posted : 20 years ago
RUAGOODP

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%$#@! why did I not think of that :x Thanks very much Patrick.
Patrick  
#6 Posted : 20 years ago
Patrick

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:lol: You are welcome
RUAGOODP  
#7 Posted : 20 years ago
RUAGOODP

Rank: Advanced Member

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Joined: 1/13/2005(UTC)
Posts: 87
Location: perth australia

Hi Patrick, I noticed a problem with the formula. It signals every time the entry signal is satisfied ie Cross(C,ValueWhen(1,Bsetup,HHV(H,5))) However I only want it to signal after the setup not every time it crosses the high of the setup. So basically I only want one signal after each setup if the signal occurs. Hope you understand what I am trying to say Cheers Norman
Patrick  
#8 Posted : 20 years ago
Patrick

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Bsetup:=Sum(C < Ref(C,-4),5)=5 AND Ref(C,-5) >= Ref(C,-9); Signal:=Cross(C,Valuewhen(1,Bsetup,HHV(H,5))); Signal and barssince(ref(signal,-1))>barssince(ref(Bsetup,-1)) That should do it. Patrick :mrgreen:
RUAGOODP  
#9 Posted : 20 years ago
RUAGOODP

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Joined: 1/13/2005(UTC)
Posts: 87
Location: perth australia

BEAUTY! Thanks heaps Cheers Norman oz_pdt_06
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