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warrior  
#1 Posted : Saturday, January 27, 2007 6:10:39 PM(UTC)
warrior

Rank: Newbie

Groups: Registered, Registered Users, Subscribers
Joined: 12/29/2006(UTC)
Posts: 3

Hi Team:

can you pl. help me with devising an alert for short entry which is based on Jeff Cooper Whoops Shorting strategy. It works as below:

  1. Stock is trading below 10 day and 50 day MA
  2. Previous day's close must be below the open
  3. Today's open must be at least 1/4th point above yesterday's close
  4. Sell short at 1/8th of a point below yesterday's close
so the alert watching intraday data TODAY should notify me with: a) symbol of ANY security satisfying conditions 1 through 4 on an intraday basis b) short entry point at which the condition 4 triggered).
Looks like this will require some form of interaction between Explorer and Expert Advisor which I dont know how to do. It will have to constantly look out for stocks on an intraday basis satisfying 1, 2 and 3 and then notify when 4 is achieved. Below code I found on the internet may not be accurate since it does not give intraday data connection that 3 and 4 require.
A:close
B:C<Mov(C,10,S) AND C<Mov(C,50,S) AND
O>Ref(C,-1)+.25
C:{Entry}Ref(C,-1)-.125
D:{Stop}Ref(C,-1)-.125+1
Filter:C<Mov(C,10,S) AND C<Mov(C,50,S) AND
O>Ref(C,-1)+.25
thanks!
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