Mike, "High Probability ETF Trading" by Larry Conners.
http://store.tradingmarkets.com/books/stocks/high-probability-etf-trading-7-quantified-strategies.html Thanks again for the help. Bill --- In [email protected], "Mike" <sfclimb...@...> wrote: > > Hi, > > Which book/course are you guys referring to? > > As for "programming with ease", the best you can do is read lots and lots of > coding examples. The rest you're born with. For better or for worse, your > brain just works that way or it doesn't. > > As for 4 out of 5, no loop necessary. Loops should be treated as a last > resort. Instead, try something like the following: > > InterestingBar = Low < Ref(Low, -1) AND High < Ref(High, -1); > Trigger = Sum(InterestingBar, 5) >= 4; > > Plot(Close, "Price", colorDarkGrey, styleBar); > PlotShapes(Trigger * shapeUpArrow, colorGreen); > > Mike > > --- In [email protected], "Richard" <richpach2@> wrote: > > > > Bill and Mike, > > > > Thanks for sharing your coding skills. Coincidently I was looking at the > > same system. > > If this is TPS then, it is one down and six to go. I have to say that this > > one was the hardest to code from the book. I have two questions, if I may. > > How do one gain the skills necessary to program in AFL with such > > (perceived) ease? > > Have you coded MDU system? How did you solve the AFL definition for "4 out > > of last 5 bars making lower low and lower high"? > > Do I need a loop for this? > > > > Kind Regards > > Richard > > > > > > --- 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 > > > > > > > > > > > > > > > > > > > > > > > > > > > >
