Hi Guys

For the life of me I can't figure this out. I have a couple of Variables that update continously. When the MarketPosition goes <> 0, I'd like to reset one of the Variables once, then start updating again. Example:

 

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Vars: CurrentHigh (-1000 ) , CurrentLow ( 1000 ) ; IF H > CurrentHigh THEN H = CurrentHigh ; IF L < CurrentLow THEN L = CurrentLow ; IF MarketPosition = -1 THEN "Reset CurrentLow" = 1000 ( <--reset ONCE ) and begin: IF L < CurrentLow THEN L = CurrentLow ; IF MarketPosition = 1 THEN "Reset CurrentHigh" = -1000 ( <--reset ONCE ) and begin: IF H > CurrentHigh THEN H = CurrentHigh ;

Any ideas would be greatly appreciated!!!

-Brandon

Hi Brandon,

there are several ways to accomplish that. For example using a variable to store the market position and monitoring for changes in this variable, so you can detect if the last bar's value (or even last ticks value) of the market position was different.

Regards,

ABCTG

ABCTG 

Hi Brandon, there are several ways to accomplish that. For example using a variable to store the market position and monitoring for changes in this variable, so you can detect if the last bar's value (or even last ticks value) of the market position was different. Regards, ABCTG

Thank you, ABCTG.

So basically it would say

 

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"If Last bar = TRUE and CurrentBar = FALSE THEN RESET"

I know how to reference the previous bar when referencing H/L

 

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H[1] / L[1]

And the current bar

 

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H[0] / L[0]

but how do you reference the last bar when pertaining to TRUE/FALSE statements?

I see the reserved word "LastBarOnChart" which is useful (references the currentBar).... but I can't seem to find something the references something like "PreviousBar."

Brandon,

I am afraid I am not following you. You don't need the last bar nor the current bar, just a variable to store the market position in. Something along the lines of the below code should get you going:

 

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Variables: oldMarketPosition(0); if MarketPosition = 1 then begin if oldMarketPosition <> MarketPosition then begin //this block will only be entered on the bar where the market position changed end ; end ; //update the variable after your checks oldMarketPosition = MarketPosition;

Regards,

ABCTG

djvie11 

Thank you, ABCTG. So basically it would say   Code "If Last bar = TRUE and CurrentBar = FALSE THEN RESET" I know how to reference the previous bar when referencing H/L   Code H[1] / L[1] And the current bar   Code H[0] / L[0] but how do you reference the last bar when pertaining to TRUE/FALSE statements?

I guess what I'm trying to say is, I need a variable to "Turn ON for a bar, then OFF, then stay OFF." I.e, only reset it once when MarketPosition goes from 0 to <> 0 .

While that Variable is "ON" I'd reset it, then start to recalculate again once it turns off. Or you're saying that's what the below code does?

ABCTG 

Brandon, I am afraid I am not following you. You don't need the last bar nor the current bar, just a variable to store the market position in. Something along the lines of the below code should get you going:   Code Variables: oldMarketPosition(0); if MarketPosition = 1 then begin if oldMarketPosition <> MarketPosition then begin //this block will only be entered on the bar where the market position changed end ; end ; //update the variable after your checks oldMarketPosition = MarketPosition; Regards, ABCTG

WAIT, I think I have it:

 

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Vars: oldMarketPosition (0) ; IF MarketPosition = 1 THEN BEGIN oldMarketPosition = 1 ; IF oldMarketPosition = 1 THEN Reset ; oldMarketPosition = 0 ; END ;

Hi Brandon,

I would suggest testing both codes and using the print reserved word to check when the reset block is executed.

Regards,

ABCTG

djvie11 

WAIT, I think I have it:   Code Vars: oldMarketPosition (0) ; IF MarketPosition = 1 THEN BEGIN oldMarketPosition = 1 ; IF oldMarketPosition = 1 THEN Reset ; oldMarketPosition = 0 ; END ;

If you actually only want to do it once and not once per trade, you could also look at the reserved word "once" or simply initialize your variable with the reset value. However from your code it looks more like you are trying to track the high while you are in a position, which will likely mean you want to reset the variable at the beginning of every trade.

Regards,

ABCTG

djvie11 

I guess what I'm trying to say is, I need a variable to "Turn ON for a bar, then OFF, then stay OFF." I.e, only reset it once when MarketPosition goes from 0 to <> 0 .