Setup & trigger ?

   Hi guys 

I need some help in how to program a setup and then trigger with BS.

The logic is thus setup - when a williams % is over sold  the previous higher bars high if crossed by any future bars creates a trigger. The ideal is to have a scan that would find these triggers and enter the next day. 

So there are two conditions 1. Oversold 2. Close greater than prev bar to oversold bar.
The tricky part is that the oversold condition doesnt matter after the original oversold bar. 

Hey I got the chart on !!! lol

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brentjedi Members Profile Send Private Message Find Members Posts Add to Buddy List Regular Joined: 13 Dec 2007 Posts: 34	Post Options Post Reply Quote brentjedi Report Post Quote Reply Topic: Setup & trigger ? Posted: 24 Feb 2009 at 1:19am
	Hi guys I need some help in how to program a setup and then trigger with BS. The logic is thus setup - when a williams % is over sold the previous higher bars high if crossed by any future bars creates a trigger. The ideal is to have a scan that would find these triggers and enter the next day. So there are two conditions 1. Oversold 2. Close greater than prev bar to oversold bar. The tricky part is that the oversold condition doesnt matter after the original oversold bar. Hey I got the chart on !!! lol
	Trading is art of self

maximo Members Profile Send Private Message Find Members Posts Add to Buddy List BullCharts Guru Joined: 02 Sep 2006 Location: Australia Posts: 232	Post Options Post Reply Quote maximo Report Post Quote Reply Posted: 24 Feb 2009 at 7:53pm
	Brent, Here's the indicator with signals using those 2 conditions. I included an overlay of the williams oscillator so we can see how it's working with the oversold line. { Williams Signal } period := input("Williams period",20); will := Formula("Willr",period); [color = blue] sig:=If(C < ref(C,-1),1,0) * If(will < -80,50,0) -50; [linestyle=dotted; color=black] -20;-80; [linestyle=solid; color=lime green; width=2] sig; [color=blue; width=1] will; Edited by maximo - 24 Feb 2009 at 8:02pm

brentjedi Members Profile Send Private Message Find Members Posts Add to Buddy List Regular Joined: 13 Dec 2007 Posts: 34	Post Options Post Reply Quote brentjedi Report Post Quote Reply Posted: 25 Feb 2009 at 3:27am
	Thanks Maxmio for the visual way of combining the two. Posted is a better explanation of what I am looking to achieve. Condition met which makes the previous bar the trigger bar and when that high is broken bullcharts will then flag it. So I 'll I have to do is run a daily scan to find it. Otherwise I have to monitor a watchlist which I hate. This way I can set the limit orders and forget them. Cheers Brentjedi
	Trading is art of self

brentjedi Members Profile Send Private Message Find Members Posts Add to Buddy List Regular Joined: 13 Dec 2007 Posts: 34	Post Options Post Reply Quote brentjedi Report Post Quote Reply Posted: 25 Feb 2009 at 3:29am

	Trading is art of self

maximo Members Profile Send Private Message Find Members Posts Add to Buddy List BullCharts Guru Joined: 02 Sep 2006 Location: Australia Posts: 232	Post Options Post Reply Quote maximo Report Post Quote Reply Posted: 25 Feb 2009 at 2:49pm
	Cool, Just add this to the end of the code to produce an alert marker on which you can do a scan. [linestyle=marker; marker=type1; name="HH2"] HH2:=If(sig<0 and ref(sig,-1)=0 and H>ref(HHV(H,2),-1),1,0); HH2; Edited by maximo - 25 Feb 2009 at 2:50pm

brentjedi Members Profile Send Private Message Find Members Posts Add to Buddy List Regular Joined: 13 Dec 2007 Posts: 34	Post Options Post Reply Quote brentjedi Report Post Quote Reply Posted: 25 Feb 2009 at 4:39pm
	Thanks Maximo but cond1 has not been defined? thus she no work
	Trading is art of self

maximo Members Profile Send Private Message Find Members Posts Add to Buddy List BullCharts Guru Joined: 02 Sep 2006 Location: Australia Posts: 232	Post Options Post Reply Quote maximo Report Post Quote Reply Posted: 25 Feb 2009 at 6:03pm
	sig = cond1