Article/Author: Omega research Inc., 1997

Download: bailout.ela

File Includes: Signal - Bail1 for Daily

Category: Strategy > Bail1 for Daily

Description:
An example of system that Exits Current Position at lowest (highest) price of 3 days.

Signal ELA Code:

{BAIL1 FOR DAILY}





IF MARKETPOSITION = 1 THEN EXITLONG("LXBAIL1") TOMORROW AT

	LOWEST(LOW,3) STOP;

IF MARKETPOSITION = -1 THEN EXITSHORT("SXBAIL1") TOMORROW AT

	HIGHEST(HIGH,3) STOP;