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Help converting old EL to MC


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Help converting old EL to MC

  #1 (permalink)
 olobay 
Montreal
 
Experience: Intermediate
Platform: MultiCharts
Broker: DeepDiscountTrading.com
Trading: CL
Posts: 364 since Jul 2011

Hi,

I have some old EasyLanguage code, circa 1996, and I am trying to convert it to MC ver 8. I know that the old EXITLONG is now SELL and the old EXITSHORT is now BUYTOCOVER but can anybody help me with the following code?

 
Code
IF BBUY=99999 THEN BUY("ID/NR4 SX") SX STOP;
IF SSELL=0 THEN SELL("ID/NR4 LX") LX STOP;
IF BBUY<99999 THEN BUY("ID/NR4 Buy") BBUY STOP;
IF SSELL>0 THEN SELL("ID/NR4 Sell") SSELL STOP;
What do I need to do to convert the above code to ver 8 MC?

Thanks.

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  #2 (permalink)
 
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 sptrader 
Colorado
 
Experience: Advanced
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I think this should work- (you still have to change it to "sell" to close "Longs" and buytocover to close shorts..)

 
Code
IF BBUY=99999 THEN BUY("ID/NR4 SX") next bar at SX STOP;
IF SSELL=0 THEN SELL("ID/NR4 LX") next bar at LX STOP;
IF BBUY<99999 THEN BUY("ID/NR4 Buy") next bar at BBUY STOP;
IF SSELL>0 THEN SELL("ID/NR4 Sell") next bar at SSELL STOP;

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  #3 (permalink)
 olobay 
Montreal
 
Experience: Intermediate
Platform: MultiCharts
Broker: DeepDiscountTrading.com
Trading: CL
Posts: 364 since Jul 2011


Thanks sptrader. I managed to get the code to compile successfully but it isn't plotting anything so obviously, I am doing something wrong.

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  #4 (permalink)
 
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 sptrader 
Colorado
 
Experience: Advanced
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Broker: IB & Iqfeed
Trading: ES , CL
Posts: 535 since Apr 2010
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you need to give values for bbuy,ssell,sx and lx that are valid for a signal to be true... if you post the entire code , maybe I can help.

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  #5 (permalink)
 olobay 
Montreal
 
Experience: Intermediate
Platform: MultiCharts
Broker: DeepDiscountTrading.com
Trading: CL
Posts: 364 since Jul 2011

Not sure I am allowed to post the code because it's copyrighted. Thanks for the help.

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Last Updated on July 7, 2012


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