Does anyone have a basic outlay for the following: If current bar hits new hi for the last X bars and closes below the close of the last bar, then buy the stock at the close of current bar (or open of next). I am not a huge programmer and just looking for a basic set up so I can begin to tinker around...looking at a blank easy language screen is pretty overwhelming. Thanks in advanced. TPA
Condition1 = (H = Highest(H, X)); Condition2 = (C < C[1]); If (Condition1 and Condition2) = True Then Buy ("Buy Order") This Bar on Close; Hope this helps. RT
TS comes with 100+ strategies in the program. Just open one up and start from there. All the Buy/Sell routines are already written, there is no need to reinvent the wheel. If you want to try some experiments, I would be happy to chip in.
Here, I made this basic strategy for you. Input : barsback(4); Input : s (100), p( 100); setstoploss(s); setprofittarget (p); Condition1 = (H = Highest(H, barsback)); Condition2 = (C < C[1]); If (Condition1 and Condition2) = True Then Buy ("Buy Order") This Bar on Close; It's bad but it's what you asked. Hope it serves you well. Susana
Thank everyone for the input. I gave an example just to get started. I bought the T-station basics to easy language and have been using it. My strategies are solid and do work (the one i gave you obviously wasn't one, but i needed something to start with. (Im secretive about strategies (kind of dumb I know, but oh well). I have good insight, just bad back testing ability due to lack of comp sci knowledge. Once I figure out darn easy language I'll be happy. I should have majored in comp sci instead of econ back in the day . Thanks again, anyone interested in potentially building a strategy? I figure my input and easy language knowledge from someone else, could end up being a profitable team. TPA
Can anyone clarify? For easylanguage, if I reference Close[0] in a line of code, does this calculate as the bar is forming or only at the close of the bar? Is close[0] the last closed bar or the current bar that is forming? thanks