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Number of Bars that pass by
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Number of Bars that pass by

  #1 (permalink)
Elite Member
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Number of Bars that pass by

Hey guys, I'm still new to programming. and I made a simple indicator that when it crosses a Moving Average, it triggers Sell/Buy signals. The problem I'm having is that once it crosses to the other side of the moving Averages, If a BUY signal has been triggered, it stays in BUY mode, and none of the SELL parameters get triggered.

Is there a way to make a conditional statement that says IF (a certain amount of Bars pass by, Cancel BUY signals). and I say Bars cause I plan on using this on Timebased bars as well as Price Based Bars.


So I'm looking to tell the indicator, that after like 5 bars, look for the Closes and if any of them Closed Below the Moving averages, Cancel all BUY signals.

Can someone help me with this.

Thanks

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  #2 (permalink)
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  #3 (permalink)
Market Wizard
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ginx10k View Post
Hey guys, I'm still new to programming. and I made a simple indicator that when it crosses a Moving Average, it triggers Sell/Buy signals. The problem I'm having is that once it crosses to the other side of the moving Averages, If a BUY signal has been triggered, it stays in BUY mode, and none of the SELL parameters get triggered.

Is there a way to make a conditional statement that says IF (a certain amount of Bars pass by, Cancel BUY signals). and I say Bars cause I plan on using this on Timebased bars as well as Price Based Bars.


So I'm looking to tell the indicator, that after like 5 bars, look for the Closes and if any of them Closed Below the Moving averages, Cancel all BUY signals.

Can someone help me with this.

Thanks

Post your indicator here & I'm sure someone will be kind enough to modify it to do what you want.

After all, it's what you learn AFTER you know it all, that counts!
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