Buy two (or three) bars after the signal

• 09/07/2016 at 12:35 PM #12793
  ML

  Hi everybody,

  I have a quick question for you. I just built a simple Trading System. I would like to put in code something like “when this condition happen buy two (or three) bars after the signal happened”.

  Would it be possible?

  Thanks a lot in advance

  ML

  

  ML

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  09/07/2016 at 2:01 PM #12802
  Nicolas

  Hi, you can compare the BARINDEX between the current one and the one when your signal occurred.

   

  

  Nicolas

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  09/07/2016 at 3:00 PM #12815
  ML

  Hi Nicolas!

  Can you explain better?

  Let say I have something like:

  xxx=golong+goshort
  if xxx=1 then
  buy 1 contracts at market nextbaropen
  elsif xxx=-1 then
  sellshort 1 contracts at market nextbaropen
  endif

  My idea would be to write something like “buy 1 contracts at market nexttwobaropen” but I know it does not exist!

  How can I use the BARINDEX  comand?

  Thanks a lot in advance for your reply!

   

  ML

   

  

  ML

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  09/07/2016 at 3:30 PM #12816
  Nicolas

  nextbaropen is depreciated, it is not used anymore in the PRT language.

  You can save the barindex when your signal occur and then compare its value with the current barindex one. Of course your ‘golong’ signal should occur only once in the past, otherwise the ‘signalbar’ variable would be constantly renewed with the current barindex.

  xxx = golong if xxx then signalbar = barindex endif if barindex-xxx=2 then buy 1 lot at market endif

  1 2 3 4 5 6 7 8 9

  xxx = golong   if xxx then signalbar = barindex endif   if barindex-xxx=2 then buy 1 lot at market endif

  Please take the time to understand before asking your next question 🙂

   

  

  Nicolas

  Keymaster

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