Count bars since given signal

• 04/30/2020 at 8:59 AM #128939
  dnystrom

  Hello,
  I would like to save an entry signal and count the bars from that signal to get another signal within 120 bars from the first signal. Cant seem to get it right.

  Buysignal count bars

  If c1 and c2 then buysignal = barindex Endif distancebuysignal=Barindex-buysignal /// then the entry if distancebuysignal <120 and c3 then buy 1 contract at market endif

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  If c1 and c2 then buysignal = barindex Endif distancebuysignal=Barindex-buysignal   /// then the entry if distancebuysignal <120 and c3 then buy 1 contract at market endif

   

  

  dnystrom

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  04/30/2020 at 12:57 PM #128999
  Nicolas

  Because you are not checking if there is a buysignal older than 120 bars in your condition at line 1.

  

  Nicolas

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  04/30/2020 at 2:20 PM #129040
  dnystrom

  If distancebuysignal >120 and c1 and c2 then buysignal = barindex Endif distancebuysignal=Barindex-buysignal /// then the entry if distancebuysignal <120 and c3 then buy 1 contract at market endif

  1 2 3 4 5 6 7 8 9 10

  If distancebuysignal >120 and c1 and c2 then buysignal = barindex Endif distancebuysignal=Barindex-buysignal   /// then the entry if distancebuysignal <120 and c3 then buy 1 contract at market endif

  Thank you, is this the correct way to do it? Im just weeks in my PRT “programingskills” =)

  

  dnystrom

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  04/30/2020 at 2:38 PM #129045
  Nicolas

  Yes, but on the first run, ‘buysignal’ is equal to 0, so you’ll have to wait for 120 bars before getting the first signal! So just check if that variable is equal to 0 too:

  If (distancebuysignal >120 OR buysignal=0) and c1 and c2 then buysignal = barindex Endif distancebuysignal=Barindex-buysignal /// then the entry if distancebuysignal <120 and c3 then buy 1 contract at market endif

  1 2 3 4 5 6 7 8 9 10

  If (distancebuysignal >120 OR buysignal=0) and c1 and c2 then buysignal = barindex Endif distancebuysignal=Barindex-buysignal   /// then the entry if distancebuysignal <120 and c3 then buy 1 contract at market endif

   

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  dnystrom

  

  Nicolas

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  04/30/2020 at 7:58 PM #129125
  dnystrom

  Thank you, that worked perfectly! Is there also a way to save “signalprice” and to have a close over that for buysignal or is it just possible for number of bars?

  

  dnystrom

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  05/01/2020 at 1:30 PM #129209
  Nicolas

  You can save any value into a variable:

  if condition then signalprice = close endif if othercondition and close crosses over signalprice then buy at market endif

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  if condition then signalprice = close endif   if othercondition and close crosses over signalprice then buy at market endif

   

  

  Nicolas

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  Topics: 83

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