[TrentRothall]

Hi Craig

Another question, I don’t want to enter a trade straight after i exit one if my entry conditions are still valid. I believe it creating some whipsaw trades and i want to test it. I have been trying to use the BarsSince() function but i can’t get it working properly. i set up an array then i added it t my trigger bar in the loop but it’s no good. I tried BarsSince(Sell) also BarsSince(LBIT==0)>5; Thanks

Buy = 0;
Sell = 0;
PriceAtBuy = 0;
LBIT = 0;
LStop = Null;
BuyLevel = Null;
//

---

BStrade = BarsSince(Sell)>5;
//

---

for(j = 1; j < BarCount; j++)
{
if(PriceAtBuy==0 AND LE[j] AND BSTrade[j] )
{
Buy[j] = True;
BuyPrice[j] = Open[j];
PriceAtBuy = BuyPrice[j];
LStop[j] = Max(TrailStopUp[j-1],TrailStopUp[j]);
LStop[j-1] = TrailStopUp[j-1];
BuyLevel[j] = BuyPrice[j];
LBIT[j] = 1;
…….
…
..

[TrentRothall]

Thanks Craig that worked well

[TrentRothall]

That chart is a good example of why intraday stops are not always a good thing!

[TrentRothall]

Hi,

just out of curiosity what does the flag++; do in the loop?

[TrentRothall]

Hi everyone,

I am 24 and I have only been involved in the markets for about 2 years, previous to this I was actually an electrician, when I was 21 I had a sporting accident which had left me with a fairly significant physical disability. I soon realised that I was not going to be able to continue with any physical forms of work. I had always had the markets in the back of my mind prior to this but to be honest when I was 20 I better things to do.

So basically I started to do some research on the markets and how to get involved but I was just going around in circles, and then on the off chance while I was speaking to someone I knew and he used to be a client of Nick’s and mentioned that a good place to start would be to get in touch with him. Basically from that point on Nick has been my trading mentor, he then sent me some of his books and I started to gain some knowledge that I felt I could actually use. Originally I started discretionary trading in the US and in Aus but i found myself drifting towards a mechanical approach and this course is a perfect way to fast track that learning process and gain knowledge that otherwise would take years.

So for the past few years I’ve been on a steep learning curve but I feel I am well on the way to where I want to be thanks to Nick and Trish.

Feel free to contact me on skype trent.rothall

Thanks
Trent

[Author]

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