Yup, I suggested the very same thing in the original thread. Also to clean up 
the charting of the Buy arrows.

http://finance.groups.yahoo.com/group/amibroker/message/146960

I'm sure that more can be done to clean it further. And, I only did very quick 
testing. So, to any that plan to make use of this, please be sure to do your 
own testing.

Mike

--- In [email protected], "sebastiandanconia" <sebastiandanco...@...> 
wrote:
>
> This is a nice piece of coding, and solved some problems for me, too, thanks 
> to Mike and Bill.
> 
> The only thing I would change is to add an "Exrem(Sell, Buy)" instruction to 
> get rid of the extra "sell" arrows on the chart display.  (It doesn't appear 
> to change the backtest results, only the arrow display.)
> 
> 
> Sebastian
> 
> --- In [email protected], "longt3rm" <longt3rm@> wrote:
> >
> > 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" <droskill@> 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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