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[amibroker] Removing extra buy and sell signals


  • Date: Tue, 08 Dec 2009 10:14:08 -0000
  • From: "bacu_robert" <bacu_robert@xxxxxxxxx>
  • Subject: [amibroker] Removing extra buy and sell signals

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My buy and sell signals are based on a couple of conditions.  The back test results look good, but when I go to plot the buy and sell signals, I can see 2 or 3 buy signals, then a sell signal, or some sell signals, then a buy signal.  It is no worse than annoying, but I would like to see if I can remove the clutter when plotting the signal arrows.  Any ideas?

The main points of the code is below:

SetOption( "MaxOpenPositions", 1 );

Buy  = cover = condition1 AND condition2;
Sell = short = condition3 AND condition4;

PlotShapes(shapeUpArrow * Buy + shapeDownArrow * Sell, IIf(Buy, colorGreen, colorRed), 0, C, -12); 

Thanks in Advance,
Rob





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