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Can some one help me write a formulae for the expert advisor?.. I would like an alert to trigger if a price bar makes a new high but closes below the close of the previous 2 price bars closes.... and visa versa if a price bar makes a new low but closes above the 2 previous price bars closes. Thank's anyone.
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Rank: Advanced Member
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You have been a member since:: 11/7/2005(UTC)
Posts: 602
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Would something like this work?
a1:=(H>Ref(H,-1))*(H>Ref(H,-2));
a2:=(C<Ref(C,-1))*(C<Ref(C,-2));
a3:=a1*a2;
a3
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Rank: Member
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I'll Try it and let you know. Thanx.
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Rank: Member
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Works like a bomb for a new high and close below the two previous bars, how would I use it for a new low but closes above the two previous bars closes, would I just change the H to L in the formulae? , thanks' John, You seem to be quite good at formulae's, do you know if a formulae can be used to pick up chart patterns, Ive got the add on, but it's pretty useless...thanx for your help.
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Rank: Advanced Member
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You have been a member since:: 11/7/2005(UTC)
Posts: 602
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I was going to let you do the sell side. Reverse everything including the greater/less than
symbols and post what you did if you have trouble.
Can a formulae be used to pick up chart patterns? depends on the chart pattern, what
are you trying to do?
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Rank: Member
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Thank's John. Work's just like I wanted.
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Rank: Member
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Regarding patterns, Elliot patterns with there retracements and projections(Exp Tri-angles, flats, etc),
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Rank: Advanced Member
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You have been a member since:: 11/7/2005(UTC)
Posts: 602
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You could post a chart showing exactly what you want, but most of that stuff is easier
programmed outside of MS is my guess.
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Rank: Member
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Rank: Advanced Member
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Joined: 10/29/2004(UTC)
Posts: 1,394
Location: Glastonbury, CT
Was thanked: 2 time(s) in 2 post(s)
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LB1:=Input("1st lookback length", 1,260,1);
LB2:=Input("2nd lookback length", 2,261,2);
A1:=(H>Ref(H,-LB1))*(H>Ref(H,-LB2));
A2:=(C<Ref(C,-LB1))*(C<Ref(C,-LB2));
A3:=A1*A2;
A4:=(L<Ref(L,-LB1))*(L<Ref(L,-LB2));
A5:=(C>Ref(C,-LB1))*(C>Ref(C,-LB2));
A6:=A4*A5;
Signal:=If(A3=1,1,If(A6=1,-1,0));
Signal
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Rank: Member
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HI, I tried using your formulae, but it does'nt accept it? Do I need to add the LB lenghth? Thanks'
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers
Joined: 10/29/2004(UTC)
Posts: 1,394
Location: Glastonbury, CT
Was thanked: 2 time(s) in 2 post(s)
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the formula plots for me
just cut and paste it into the indicator builder
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Rank: Member
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Joined: 11/29/2009(UTC)
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Thanks'Henry, sorry my mistake, I was using it in the expert advisor.
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