|
PureBytes Links
Trading Reference Links
|
I don't know how to do what you ask with a hand-drawn trendline, but I
have a suggestion that might work for you.
I have found that I can usually find a simple Moving Average that will
approximate my trendline. For example, look at ASND for the last
three months. I draw a resistance line thru the 1/23 high and the 4/9
high. If you drop a 26-day simple MA on the chart, it lies almost
exactly on that trendline. You can use the MA in a CROSS function.
On Fri, 02 May 1997 18:12:24 EDT, you wrote:
>has anyone in this group been successful in writing a formula that will
>generate a buy or sell when prices cross a trendline that has been drawn
>accross previous high or low (assuming that the trendlines are drawn in
>manually)
|