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--- In equismetastock@xxxxxxxxxxxxxxx, "Jose Silva"
<josesilva22@xxx> wrote:
>
> To avoid possible confusion between entry & exit signals, I would
> code the signals indicator this way:
>
> =====================
> Khalid system signals
> =====================
> ---8<--------------------------
>
> { http://www.metastocktools.com }
>
> { User inputs }
> pds1:=Input("SMA periods for Close",1,252,5);
> pds2:=Input("SMA periods for Open",1,252,6);
>
> { SMAs }
> sma5:=Mov(C,pds1,S);
> sma6:=Mov(O,pds2,S);
>
> { Entry conditions }
> cond1:=Sum(C>sma5 AND C>sma6,3)=3;
> cond2:=Cross(sma5,sma6);
>
> { Entry/Exit signals }
> entry:=cond1 AND cond2;
> exit:=Cross(sma6,sma5);
>
> { Plot in own window }
> entry-exit
>
> ---8<--------------------------
>
>
> jose '-)
> http://www.metastocktools.com
>
>
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, "Athena
> Research" <athena.investments@> wrote:
> >
> > Hi Khalid,
> >
> > Please take the following code as correct code as Close price was
> > used with 6DMA in previous code. Sorry for posting wrong code.
> >
> > cond1:= Sum((C> Mov(C,5,S)) AND (C> Mov(O,6,S)),3)=3;
> > Cond2:= Alert(Cross(Mov(C,5,S), Mov(O,6,S)),3);
> >
> > Entry:= cond1 AND cond2;
> >
> > Exit:= Cross(Mov(O,6,S), Mov(C,5,S));
> >
> > Entry; Exit
> >
> >
> >
> >
> > Thanks and Regards,
> > Amit Trivedi
> > President & CEO
> > Athenasolutionz.com - "We sell hope, in the stock market."
> >
> >
> >
> > ----- Original Message -----
> > From: Khalid Masood
> > To: equismetastock@xxxxxxxxxxxxxxx
> > Sent: Monday, September 18, 2006 5:30 AM
> > Subject: [EquisMetaStock Group] 5 DMA-Close & 6 DMA-Open
Crossover
> >
> >
> > Hi,
> >
> > I want to code an indicator with following parameters:
> >
> > For Entry:
> >
> > (1). Today's close is above (5day simple closing moving
average &
> > 6day simple open moving average) for last three days.
> >
> > (2). 5day closing moving average crosses above 6day open
moving
> > average.
> >
> > For Exit:
> >
> > 6day open moving average crosses above 5day close moving
average.
> >
> > I have tried but unsucessfull,please help & thanks in advance.
> > Regards
> > Khalid
Hi Jose,
Thanks for your kind attention & devotion of precious time. I will
be obliged if exit mode,besides "cross(sma6,sma5)" allow input of
variable time periods, I mean that exit is triggered after 3 or 5
days & so on after cross(sma6,sma5)happening.
Thanks & best Regards
Khalid
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