Closing Price January Higher than December Close

• 04/08/2024 at 7:30 AM #231197
  Lambo

  Good Morning!

  I have problems to get the right programmcode for this case:

  if one of the closing prices between the 5th and 10th trading day in January is above the previous year’s closing price then go long after the 24th trading day in any month if condition is met and not yet long.

  Sell if the closing price closes below SMA200 (minus 3%).

   

  Thank you very much.

   

  

  Lambo

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  04/08/2024 at 1:26 PM #231225
  Lambo

  @Admin: Can you switch the offer to ProOrder Support.

  That would be nice. Here on indicator it is wrong.

  

  Lambo

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  04/08/2024 at 2:12 PM #231235
  JS

  Hi,

  Try this one:

  YearClose

  TimeFrame(1 year, UpdateOnClose) YearClose=Close TimeFrame(Daily, UpdateOnClose) If Day>=5 and Day<=10 and Close>YearClose then Threshold=1 EndIf If NOT LongOnMarket and Day>24 and Threshold then Buy 1 contract at Market EndIf SMA200=Average[200](Close) If Close Crosses Under SMA200 or PositionPerf<-0.03 then Sell at Market Threshold=0 EndIf Graph YearClose as "YearClose"

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18

  TimeFrame(1 year, UpdateOnClose) YearClose=Close   TimeFrame(Daily, UpdateOnClose) If Day>=5 and Day<=10 and Close>YearClose then Threshold=1 EndIf   If NOT LongOnMarket and Day>24 and Threshold then Buy 1 contract at Market EndIf   SMA200=Average[200](Close) If Close Crosses Under SMA200 or PositionPerf<-0.03 then Sell at Market Threshold=0 EndIf Graph YearClose as "YearClose"

  1 user thanked author for this post.

  Lambo

  

  JS

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  04/08/2024 at 2:29 PM #231239
  Lambo

  @JS: Thank you very much! That is very nice.

  Can you shortly explain the meaning of Threshold.

  Thank you.

  

  Lambo

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  04/08/2024 at 2:32 PM #231240
  Lambo

  @JS: Thank you very much! That is very nice.

  Can you shortly explain the meaning of Threshold.

  Thank you.

  

  Lambo

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  04/08/2024 at 2:47 PM #231241
  JS

  Hi,

  If the Close>YearClose (in which the YearClose is the threshold) and the other day conditions are also true (Day>=5 and Day<=10) then the value of the threshold condition is equal to 1. (So, Close>YearClose and Day>=5 and Day<=10)

  I’ve broken this down in the code because you can’t check the given days (3) at the same time if:

  Day>=5 and Day<=10 and Day>24 (it is impossible that Day>=5 and Day<=10 AND Day>24) that’s why I’ve broken it down)

  I hope it’s a little clear, if not ask questions…

  

  JS

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