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This is a pictorial representation of what I want to achieve. Hopefully someone can assist please. The Bitmap is called: ema/dema system.
http://groups.yahoo.com/group/amibroker/photos/album/66951596/pic/304841756/view?picmode=&mode=tn&order=ordinal&start=1&count=20&dir=asc
--- In amibroker@xxxxxxxxxxxxxxx, "jollypolly999" <jollypolly999@xxx> wrote:
>
>
>
> --- In amibroker@xxxxxxxxxxxxxxx, "jollypolly999" <jollypolly999@> wrote:
>
> > When 250 DEMA is below 250 EMA :
> >
> > #1) Enter any positions when an XAO Index day bar closes above 250 DEMA
> > #2) Exit all positions when an XAO Index day bar closes below 250 DEMA
> >
> > When 250 DEMA is above 250 EMA :
> >
> > #1) Enter any positions when an XAO Index day bar closes above 250 EMA
> > #2) Exit all positions when an XAO Index day bar closes below 250 DEMA
> >
>
>
> There is something that I didn't explain in the above scenario. When the 250 DEMA is above the 250 EMA then one possibility can happen. The lower 250 EMA doesn't get breached by the Index day bars so a re-entry signal would not occur. To overcome this the code would need to act on the 250 DEMA (i.e. enter/exit) if the lower 250 EMA is not breached (Index day bar closes below).
> If the lower 250 EMA is breached (Index day bar closes below) then the 250 EMA is the ruling trigger for re-entry.
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