sai20_2000
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Iam trying to combine the following condition ie
Buy cond 1 Buy when Price touch 6 period EMA diaplaced 4 periods of HIGH ahead , when cond 2 is valid
Buy cond2 when EWO is above its Upper Breakout Band
and for sell
sell cond 1 sell when Price touch 6 period EMA diaplaced 4 periods of LOW ahead , when cond 2 is valid
sell cond2 when EWO is Below its Lower Breakout Band
ELA Code fo EWO
Inputs: Price1(Average((H+L)/2,5) - Average((H+L)/2,35)),K(1),K2
(0.0555),Len(5);
Vars: UpperBand(0),LowerBand(0),AvgP(0);
If Price1 >0 then begin
upperband=price1;
If barnumber>=2 then
UpperBand= (upperband[1] + k2*(K*Price1 - upperband[1]));
end;
If Price1 < 0 then begin
LowerBand = Price1;
If barnumber>=2 then
LowerBand=(lowerband[1] + K2*(K*Price1 - lowerband[1]));
end;
AvgP = XAverage(Price1,Len);
Plot2(Price1,"Osc535");
Plot3(UpperBand,"upper");
Plot4(LowerBand,"lower");
Any Help in this regard is highly appreciated.
Buy cond 1 Buy when Price touch 6 period EMA diaplaced 4 periods of HIGH ahead , when cond 2 is valid
Buy cond2 when EWO is above its Upper Breakout Band
and for sell
sell cond 1 sell when Price touch 6 period EMA diaplaced 4 periods of LOW ahead , when cond 2 is valid
sell cond2 when EWO is Below its Lower Breakout Band
ELA Code fo EWO
Inputs: Price1(Average((H+L)/2,5) - Average((H+L)/2,35)),K(1),K2
(0.0555),Len(5);
Vars: UpperBand(0),LowerBand(0),AvgP(0);
If Price1 >0 then begin
upperband=price1;
If barnumber>=2 then
UpperBand= (upperband[1] + k2*(K*Price1 - upperband[1]));
end;
If Price1 < 0 then begin
LowerBand = Price1;
If barnumber>=2 then
LowerBand=(lowerband[1] + K2*(K*Price1 - lowerband[1]));
end;
AvgP = XAverage(Price1,Len);
Plot2(Price1,"Osc535");
Plot3(UpperBand,"upper");
Plot4(LowerBand,"lower");
Any Help in this regard is highly appreciated.