Easy Language Workaround

November 23rd, 2013, 07:04 PM

My broker OEC offers Easy Language but does not support Limit If Touched or Market If Touched strategies.

Is there a way to work around this via logic code in Easy Language so that we can implement something like the following?

"If last two bars are UP bars,
And if price then comes back down to touch the Low of 1 bar ago,
Then sell at the high of 2 bars ago"

Thanks.

ABCTG · November 24th, 2013, 05:30 AM

minntabo,
it sounds doable. If you say "last two bars are UP bars" does this include the current bar or the two bars preceding the current bar?

Regards,
ABCTG

November 24th, 2013, 11:22 AM

Thanks.

That was just an example. Assuming that the current and the previous bar are UP bars, what would be a suitable workaround?

ABCTG · November 24th, 2013, 02:21 PM

I don't know OEC, but something like this might serve as a start.

You can reference values for previous bars with [X] where x is the number of bars to the left starting with 0 which is the current bar. So Close[1] would be the close from the previous bar. Close[2] two bars ago and so on. Open, High and Low are other reserved words used to receive the bar values.
SellShort is the Easylanguage command used for sending a short order.

Regards,
ABCTG

Easy Language Workaround

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Easy Language Workaround