Here is the Buy part with plot statements to help visualize what is happening
--------------------------------- // Buy20DayHigh.afl // // Buy when ema(c,5) > ema(c,20) // and issue reached new 20 day high // // Howard Bandy // June 2010 // Cond1 = EMA( C, 5 ) > EMA( C, 20 ); Cond2 = H > Ref( HHV( H, 20 ), -1 ); Buy = Cond1 && Cond2; Sell = 0; shapes = Buy * shapeUpArrow + Sell * shapeDownArrow; shapecolor = IIf( Buy, colorGreen, colorRed ); PlotShapes( shapes, shapecolor ); Plot ( Close, "C", colorBlack, styleLine ); Plot ( Cond1, "Cond1", colorGreen, styleLine | styleOwnScale, 0, 1.5 ); Plot( Cond2, "Cond2", colorBlue, styleLine | styleOwnScale, 0, 2 ); -------------------------------- Thanks, Howard On Fri, Jun 4, 2010 at 1:40 PM, abramway <abram...@yahoo.com> wrote: > > > I'd just like to be able to get signals for > > Buy: When EMA(5)>EMA(20) AND Stock @ Fresh 20-Day Highs. > Exit: When EMA(20)>EMA(5) OR Stock @ Fresh 10-Day Lows (haven't > incorporated the second part yet) > > This is what my code reads now and its giving me the wrong signals. It > gives me BUY signals before a new 20-Day high. > > Buy = EMA( Close , 5 ) > EMA( Close , 20 ) > AND High > Ref( HHV( High , 20 ) , -20 ); > > Sell = EMA( Close , 20 ) > EMA( Close , 5 ); > > Short = 0; > > Cover = 0; > > Thanks for the help > > >
