| marcj |
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Gold User, Member, TeleChart
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| Registered User |
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| Unsure |
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| Wednesday, May 31, 2006 |
| Wednesday, October 14, 2009 8:14:45 PM |
377
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QUOTE (Bruce_L) I've sent an email in an attemt to find the exact logic of the Making New High Condition. My guess would be that the Period High Block behaves the same as the Maximum Block, but my initial experimentation with the Making New High Condition leads me to believe that the behavior is not identical (but I have not been able to determine what is different, and it could be another Block in the Block Diagram causing the differences I'm seeing).
thanks Bruce; i really like to know.
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A block that is automatically in conditions. it is not in the general block code library. I'm getting some nice results with it and would just like to know what it is.
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What is the basic logic of Period High?
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QUOTE (Bruce_L) You can AND the New High Strategy Condition with a Trade Length Strategy Condition with Length in Bars >= 40.
bar three of the trade can be generate a trigger if the 36th bar before was higher. and when it is at bar three your AND condition is meant. this is not an easy thing to do.
how do we make it ignore the the previous bars.
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QUOTE (Bruce_L) Assuming you are using Blocks 2.0, it is available. When you select Add Condition, you will have another Add Condition selection (do not select this) as well as a list of folders. The New High Strategy Condition is located in the Prices folder.
If this is not the case, you may wish to contact technical support to see if they can help you determine why.
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Bruce
I got the NEW High Strategy Condition off the knowledge base.
It does not work as a STOP Condition because it takes into account prices before the trade; so immediate sell happen. not good.
marcj
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QUOTE (Bruce_L) You should be able to just use the New High Strategy Condition located in the Prices section of the Web Library.
- New High Period: 39
- Value to Test: High
- # Bars True: 1
- Bars to Test: 1
- Override TimeFrame: 10 Minute
That is no longer available? your talking "Add Condition" dialogue box; it only has Option Express.
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QUOTE (Bruce_L) Please describe the Stop Condition. I can't create anything without an objective description.
Is it a "New 10 minute High for a day" when compared to the previous 38 or 39 bars?
Is it a "New 10 minute High for a day" when compared to the bars during that calendar day (which would always be True on the first Bar of the day)?
Is it a "New 10 minute High for a day" when compared to a value on previous day (such as the Trigger Bar or Next Bar after the Trigger Bar)?
39
no, compare highs 39 frames back ; the day time frame should not matter.
no
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QUOTE (Bruce_L) Please describe what you want in more detail. If it involves mixed Time Frames I will not be able to build it.
a day is 39 10mins. use the 10 min frame only
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could you build me one?
thanks
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That works!
thanks Bruce
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