droskill,

First -- thanks for many posts (here and others) I've read of yours which have 
helped me greatly.

Code below:
----------------------------------------
//Created by Mike http://finance.groups.yahoo.com/group/amibroker/message/146956
//Updated per Mike 
http://finance.groups.yahoo.com/group/amibroker/message/146967
//Update by Bill to change EMA to MA and change from fixed shares to fixed 
dollar

SetTradeDelays(0, 0, 0, 0); 
BuyPrice = Close; 
SellPrice = Close; 

previousClose = Ref(Close, -1); 
rsi2 = RSI(2); 

Sell = Cross(rsi2, 70); 

//bull100 = Close > EMA(Close, 200) AND Sum(rsi2 < 25, 2) == 2; 
bull100 = Close > MA(Close, 200) AND MA(Close, 200) > 0  AND Sum(rsi2 < 25, 2) 
== 2; 
inFirstPos = Flip(bull100, Sell); 
firstTrigger = ExRem(inFirstPos, Sell); 

bull200 = Close < ValueWhen(firstTrigger, Close) AND inFirstPos AND 
Ref(inFirstPos, -1); 
inSecondPos = Flip(bull200, Sell); 
secondTrigger = ExRem(inSecondPos, Sell); 

bull300 = Close < ValueWhen(secondTrigger, Close) AND inSecondPos AND 
Ref(inSecondPos, -1); 
inThirdPos = Flip(bull300, Sell); 
thirdTrigger = ExRem(inThirdPos, Sell); 

bull400 = Close < ValueWhen(thirdTrigger, Close) AND inThirdPos AND 
Ref(inThirdPos, -1); 
inFourthPos = Flip(bull400, Sell); 
fourthTrigger = ExRem(inFourthPos, Sell); 

Buy = firstTrigger + (secondTrigger * sigScaleIn) + (thirdTrigger * sigScaleIn) 
+ (fourthTrigger * sigScaleIn); 
//SetPositionSize(IIf(firstTrigger, 100, IIf(secondTrigger, 200, 
IIf(thirdTrigger, 300, 400))), spsShares); 
SetPositionSize(IIf(firstTrigger, 1000, IIf(secondTrigger, 2000, 
IIf(thirdTrigger, 3000, 4000))), spsValue); 


priceColors = IIf(Close > previousClose, colorDarkGreen, IIf(Close < 
previousClose, colorDarkRed, colorDarkGrey)); 
buyColors = IIf(firstTrigger, colorGreen, IIf(secondTrigger, colorLime, 
IIf(thirdTrigger, colorYellow, colorOrange))); 

Plot(Close, "Price", priceColors, styleBar); 
PlotShapes((Buy > 0) * shapeUpArrow, buyColors, 0, L, -10); 
PlotShapes(Sell * shapeDownArrow, colorRed);
----------------------------------------

--- In [email protected], "droskill" <drosk...@...> wrote:
>
> Bill - can you post the total code?  I'd love to have an example of this as I 
> have been trying to do the same thing.
> 
> --- In [email protected], "longt3rm" <longt3rm@> wrote:
> >
> > Mike,
> > 
> > Fantastic, it works!
> > 
> > Thank you for your help!
> > 
> > Bill
> > 
> > --- In [email protected], "Mike" <sfclimbers@> 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
> > > > > >
> > > > >
> > > >
> > >
> >
>


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