[no subject]

sell:= if(ref(c,-1) > ref(sup,-1) and 
c<=sup, -1, 0);
buy;sell;
 
This should give you a "binary" plot which will 
alert you to the buy/sell signals.
DusantChief Architect<A 
href="">http://www.candlestrength.com/
 
----- Original Message ----- 
From: "stenrique_ng" <<A 
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size=2>no_reply@xxxxxxxxxxxxxxx<FONT face=Verdana 
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To: <<A 
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size=2>>
Sent: Wednesday, April 21, 2004 12:24 
AM
Subject: [EquisMetaStock Group] Data array other 
than High, Low, Close, Open
<FONT face=Verdana 
size=2>> Hi,> > I am attempting to write a system test which is 
based on crossover of > a support/resistance level. I am encountering a 
couple of issues > which I hope some kind soul can assist.> 
> {Requirements}> In my trading system, I need to generate a 
signal as and when the > price is >= or <= a certain level. Eg. If 
I have a support level at > 1000, I need a signal to buy when the price 
is <= 1000. Likewise if I > have a resistance level at 1050, I need a 
signal to sell if the price > is >= 1050.> > The first 
issue is that there is no data array (or I do not know of > any) that 
allows me to determine that the price has reached or > crossover the 
support/resistance level. As such, I have no way to > generate the signal 
when the crossover occur. Using the High/Low data > array does not fulfil 
my requirement as I need the signal as it > happens. Using these data 
arrays also led to the second issue as > follows.> > Having 
to use the High/Low data array, the buy/sell signal is > generated for 
the NEXT bar. However, what I need is to have the > signal generated at 
the point where the price crosses the > support/resistance level (signal 
generated at the current bar).> > Hope I am not confusing in my 
writing.> My thanks in advance.> > Regards,> 
Stenrique> > > > > ------------------------ 
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