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Hi!!!
There is a *system test* called PS Percentage Crossover 3%.
I need some aid to understand how it works!!!
I can understand it's evaluated the cross between a 'function' (var1), which it's close +/- 3%, and the close price *but* I can't WHY it gives profits.
I think my throble is in with Cross()
...I can't undertsand why I should buy if this 'function' cross
down-to-up the close price.
I'm trying to understand all indicators, explorers, system tests and expert systems... so I will have a lot of dubts.
Thank U in advance!!!
// Pablo
Buy Order code:
var1:=If((C*.97)>PREV,C*.97,If((C*1.03)<PREV,C*1.03,PREV));
Cross(C,var1)
Sell Order code:
var1:=If((C*.97)>PREV,C*.97,If((C*1.03)<PREV,C*1.03,PREV));
Cross(var1,C)
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BTW: when I say var1 is a function I mean It can be thought as a math funtion.
Of course, var1 is a variable.
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