Hey guys, I'm still new to programming. and I made a simple indicator that when it crosses a Moving Average, it triggers Sell/Buy signals. The problem I'm having is that once it crosses to the other side of the moving Averages, If a BUY signal has been triggered, it stays in BUY mode, and none of the SELL parameters get triggered.

Is there a way to make a conditional statement that says IF (a certain amount of Bars pass by, Cancel BUY signals). and I say Bars cause I plan on using this on Timebased bars as well as Price Based Bars.


So I'm looking to tell the indicator, that after like 5 bars, look for the Closes and if any of them Closed Below the Moving averages, Cancel all BUY signals.

Can someone help me with this.

Thanks

ginx10k 

Hey guys, I'm still new to programming. and I made a simple indicator that when it crosses a Moving Average, it triggers Sell/Buy signals. The problem I'm having is that once it crosses to the other side of the moving Averages, If a BUY signal has been triggered, it stays in BUY mode, and none of the SELL parameters get triggered. Is there a way to make a conditional statement that says IF (a certain amount of Bars pass by, Cancel BUY signals). and I say Bars cause I plan on using this on Timebased bars as well as Price Based Bars. So I'm looking to tell the indicator, that after like 5 bars, look for the Closes and if any of them Closed Below the Moving averages, Cancel all BUY signals. Can someone help me with this. Thanks

Post your indicator here & I'm sure someone will be kind enough to modify it to do what you want.