Hi, One note, Your entry price would actually have to be the lesser of the Open and 90% of the previous Close, since the Open might be less than your limit order and would thus result in a fill. Also, I'm assuming that you don't want to apply your rule to indexes, only stocks.
I don't have AmiBroker on this machine and am going from memory, so you'll have to double check all this code. But it should give you a running start... lowRSI = Sum(Ref(RSI(10), -1) < 30, 5) == 5; highClose = Close > 10; highVol = MA(Vol, 30) > 150000; setup = lowRSI AND highClose AND highVol AND NOT IsIndex(); // Buy based on yesterday's setup, but only if today's low // drops below 90% of yesterday's close (i.e. limit entry). // Note that lesser of Open and limit price is used as entry. Buy = Ref(setup, -1) AND Low <= (Ref(Close, -1) * .90); BuyPrice = min(Open, myPrice); ... --- In [email protected], "hotstix101" <[EMAIL PROTECTED]> wrote: > > > I would like to enter a position only if it drops more than 10% from > yesterday close. > I want my entry price in the back testing to be (Close 1 day ago - 10%) > Example if close 1 day ago = 10 the entry price would be 9. > I want also RSI(10) from 1 day ago to be below 30 for last 5 days and > close > 10 and average volume (30) > 150000 > > Thanks, > > RNR >
