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Hi, I've just read Beyond Technical Analysis by Chande. In it he loosly describes a channel breakout with pullback. The rules are:
After the market makes a 20 day high a 5 day LLV must be defined but within 7 days of the HHV being made. Buy at market the next day. Whilst the code for HHV is very simple I am stumped as to defining the LLV within 7 days. I'd appreciate a little assistance if anyone has a minute
Thanks very much
Rob
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Rank: Advanced Member
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Try this:
Alert(H=HHV(H,20),7) and L=LLV(L,5)
Patrick :mrgreen:
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Rank: Newbie
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Posts: 2
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Sometimes it’s the forest and tree - thanks for shedding the light
Cheers
Rob
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