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Metarockx,
I have a question pertaining to the code you supplied recently. I'll paste
the code in first:
Trend := Mov(C,55,E) > Ref(Mov(C,55,E),-1);
StartTrend := Trend AND Ref(Mov(C,55,E),-1) < Ref(Mov(C,55,E),-2);
Trigger:= Cross(Mov(C,8,E),Mov(C,13,E));
Signal:= Trend AND Trigger
AND BarsSince(Ref(Trigger,-1)) > BarsSince(StartTrend);
I'm clear on:
Trend := Mov(C,55,E) > Ref(Mov(C,55,E),-1);
And I think I also understand StartTrend:
StartTrend := Trend AND Ref(Mov(C,55,E),-1) < Ref(Mov(C,55,E),-2);
You have to define the event that marks the beginning of the trend because
you will later be comparing the number of bars to have elapsed since the
beginning of the trend to the number of bars to have elapsed since the most
recent Trigger. In this specific case, a trend has begun when the EMA(55)
is rising today, but it wasn't rising yesterday.
What if I wanted to state the StartTrend in more general terms. Could I
say: A trend has begun when there is trend today according to such and such
a definition, but yesterday there was no trend according to this
definition? Is that correct?
For example, would this work?
Trend: MyTrendUp; (say, couple of moving averages, or a rising ADX, or
whatever)
Condition1:=Ref(MyTrendUp, -1);
StartTrend:= Trend and condition1=false;
Something like that would give me more room to maneuver.
Philip
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