Ok now really frustrated. Nothing seems to be working.
Here's what I want to do:
Wait 5 bars after a sell or cover before buying or shorting again. You would
think this was simple but as you can see below it is causing me some trouble.
Any help would be appreciated.
thx,
Fred
----- Original Message -----
From: Ed Middleton
To: [email protected]
Sent: Thursday, June 28, 2007 2:37 PM
Subject: Re: [amibroker] Entry Time Delay
Ok, I've found the problem. BarsSince(Sell) and BarsSince(Cover) never =
anything because there is not Sells or Covers to get a value from and thus no
buys or shorts. Somehow I need to be able to allow the first buy or Short to
occur then everything will be ok.
Any suggestions?
thx,
----- Original Message -----
From: Ed Middleton
To: [email protected]
Sent: Thursday, June 28, 2007 11:48 AM
Subject: Re: [amibroker] Entry Time Delay
Also tried:
BarsSinceExit = Min(BarsSince(Sell),BarsSince(Cover));
Added to Buy and Short lines:
AND (BarsSinceExit > 0);
This should have gotten me in on the next 5 minute bar. No luck with this
procedure either. I'm missing something in my programming logic.
----- Original Message -----
From: jjj_98
To: [email protected]
Sent: Thursday, June 28, 2007 11:04 AM
Subject: [amibroker] Entry Time Delay
After exiting a trade I want to wait 5 minutes before re-entering a
trade so here's what code I've tried but it does not seem to be
making a difference in the next entry. Do you see any problems?
//Initialize last trade exit times
LastSellTime = LastCoverTime = 000000;
// Calculates Amount of time since last exit
TimeSinceLastTrade = Min((TimeNum() - LastSellTime),(TimeNum() -
LastCoverTime));
// I added this to my BUY and SHORT instructions so that the time to
re-enter the next trade must be greater than 5 minutes.
AND (TimeSinceLastTrade > 000500);
//In my logic added the following to get the time of the Last Sell
and Last Cover
if(Sell[i] == 1)
{
LastSellTime = TimeNum();
}
if(Cover[i] == 1)
{
LastCoverTime = TimeNum();
}
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