I think you are wondering because setups on following bars overwrite the first setup and therefore they are producing new "setup prices".
Thomas www.patternexplorer.com From: [email protected] [mailto:[EMAIL PROTECTED] On Behalf Of bernardedmond01 Sent: Wednesday, March 21, 2007 4:15 AM To: [email protected] Subject: [amibroker] Hold and Valuewhen functions I wondered whether you could tell me where I'm wrong with this basic formula. I want it to hold my setup for 5 bars and then buy once the high is more than 15% higher than the setup price. I'm having difficulty with the hold and value when functions. Thanks in advance. Setup = C<BBandBot (C,20,2); Buyzone= Hold(Setup,5); //What I'm trying to say here is once I have a setup, hold it up to 5 periods// SetupPrice = ValueWhen (Setup,H); //What I'm trying to say here is the setup price is the high of the setup// Buy = Buyzone AND H>SetupPrice*1.15; Sell = 0;
