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Your exit signal is resetting every time your entry condition repeats.
This indicator explains it visually:
---8<----------------
pds:=Input("Consecutive periods",1,21,4);
long:=Sum(C<Ref(C,-1),pds)=pds;
short:=BarsSince(long)=1;
long;-short
---8<----------------
And this is a solution to the resetting problem:
---8<----------------
pds:=Input("Consecutive periods",1,21,4);
long:=Sum(C<Ref(C,-1),pds)=pds;
long:=long AND Alert(long=0,2);
short:=BarsSince(long)=1;
long;-short
---8<----------------
jose '-)
--- In equismetastock@xxxxxxxxxxxxxxx, budgetanalyst <no_reply@xxxx>
wrote:
>
>
> Hello,
>
> I am trying to run a System Test and here are my conditions:
>
> Enter Long:
>
> (CLOSE<Ref(C,-1))AND
> (Ref(C,-1)<Ref(C,-2))AND
> (Ref(C,-2)<Ref(C,-3))AND
> (Ref(C,-3)<Ref(C,-4))
>
> Close Long:
>
> BarsSince((CLOSE<Ref(C,-1))AND
> (Ref(C,-1)<Ref(C,-2))AND
> (Ref(C,-2)<Ref(C,-3))AND
> (Ref(C,-3)<Ref(C,-4))) = 1
>
> What I am trying to do is to buy on the close when a stock has gone
> down for 4 straight days. I plan on closing it out the next day at
> the close. I have tested this and it appears that some trades
follow
> exactly what I thought is in the conditions but some trades don't
> actually close until 2 or all the way up to 4 days later. Why
aren't
> all trades being closed the next day that I enter it?
>
> Does anyone have any ideas?
>
> Thanks
> Eric
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