Mike, thank you for your time. I had just found it and was getting ready to call off the hunt! Thanks again, Wood
--- In [email protected], "Mike" <sfclimb...@...> wrote: > > Use Foreign or SetForeign/RestorePriceArrays to access data from a symbol > other than the current symbol. > > http://amibroker.com/guide/afl/afl_view.php?name=foreign > > e.g. > > spyMA = MA(Foreign("SPY", "C"), 50); > Buy = ... > standardSize = ... > PositionSize = IIF(spyMA > ..., standardSize, standardSize * 0.5); > > Mike > > --- In [email protected], "woodshedder_blogspot" > <woodshedder_blogspot@> wrote: > > > > I'm sure this has already been covered somewhere, but the search function > > is awful and I haven't found anything useful. Feel free to point me to > > another thread or the manual if what I'm asking has been covered ad nauseum. > > > > What I want to do is use index data, say maybe the SPY/SPX, to adjust > > position sizes on trades of common stock. > > > > In Tradestation, one just uses Data 1 (could be the SPY) and Data 2 (the > > stock to be traded). > > > > An easy example of what I want to be able to do is this: > > 1. if the SPY is above the 50 dma > > 2. and there is an entry signal on a stock > > 3. use a full position size > > 4. if the SPY is not above the 50 dma, use 1/2 position size > > > > I'm not asking for any code, just the basic method of using index data to > > affect trades. > > > > Thanks! > > >
