Mike, Fantastic, it works!
Thank you for your help! Bill --- In [email protected], "Mike" <sfclimb...@...> wrote: > > Bill, > > You would need to calculate the trigger first (i.e. ExRem of position state), > then use ValueWhen. > > e.g. Something like the following: > > thirdTrigger = ExRem(inThirdPos, Sell); > bull400 = Close < ValueWhen(thirdTrigger, Close) AND inThirdPos AND > Ref(inThirdPos, -1); > > The key being that Flip will give all 1's for the duration that we are in the > position, whereas ExRem will remove redundant 1's leaving only those bars > where the condition was first met. Thus, ValueWhen gives the Close of the > most recent bar meeting that condition. > > Mike > > --- In [email protected], "longt3rm" <longt3rm@> wrote: > > > > Mike, > > > > Thank you! That helps significantly!! > > > > The one item I'm not able to figure out is how to track the last entry > > price so we can check to see if the current close is lower than our last > > entry. > > > > I believe (I could be mistaken) the sample you kindly provided is checking > > to see if today's close is less than yesterday's close. I would like to > > compare today's close to our last entry price. > > > > Thanks again for helping so much. I am slow to grasp AFL. > > > > Sincerely, > > > > > > Bill > > > > --- In [email protected], "Mike" <sfclimbers@> wrote: > > > > > > Hi, > > > > > > I posted some code to a related question here: > > > http://finance.groups.yahoo.com/group/amibroker/message/146956 > > > > > > Short answers: > > > 1. Use Flip function to capture current position "state". > > > 2. Use state captured above AND'ed with next criteria. > > > > > > See if that helps. > > > > > > Mike > > > > > > --- In [email protected], "longt3rm" <longt3rm@> wrote: > > > > > > > > Hello, > > > > > > > > Goal Description: > > > > 1) Initial $500 position opened when RSI(2) < 25 > > > > 2) Add $1000 to position when entry price for #1 is less than current > > > > close. (regardless of value for RSI(2)) > > > > 3) Add $1500 to position when entry price for #2 is less than current > > > > close. (regardless of value for RSI(2)) > > > > 4) If all three positions are entered, we would have a total position > > > > of $3,000 > > > > > > > > > > > > Two questions / problems: > > > > 1) What is the most efficient way to determine if we have a position > > > > and if we do, is it the first ($500) or second ($500+$1000=$1500)? > > > > 2) If the initial buy is "Buy = RSI(2)", how do we tell AmiBroker that > > > > RSI(2) is not longer needed, we just need current close > last position > > > > entry price. > > > > > > > > Thanks for any suggestions. > > > > > > > > Sincerely, > > > > > > > > > > > > Bill > > > > > > > > > >
