How to calculate based on previous entry/exit

[rottentrade]

I would like to enter or exit a trade only when the recent signal is x distance (both horizontally and vertically) from the previous signal. For example, exit XYZ when price is at least x bars from the entry (horizontally) and at least $1 above the entry (vertically). I'm having trouble including the previous signal in the formula.
How would I write that in the code ("sell" below)?

def buy = Average(close, 10) crosses above Average(close, 20);
def sell = if close is greater than 5 days from "buy" AND above $1 from "buy";

Thanks for the help.

 

[SleepyZ]

I would like to enter or exit a trade only when the recent signal is x distance (both horizontally and vertically) from the previous signal. For example, exit XYZ when price is at least x bars from the entry (horizontally) and at least $1 above the entry (vertically). I'm having trouble including the previous signal in the formula.
How would I write that in the code ("sell" below)?

def buy = Average(close, 10) crosses above Average(close, 20);
def sell = if close is greater than 5 days from "buy" AND above $1 from "buy";

Thanks for the help.

This is the reverse of which you requested in a strategy as almost everything was down that I looked over 5 days.. Just reverse the buy and sell terminology for the opposite method. Made to use on a daily chart.

def bn     = BarNumber();
def sell   = if Average(close, 10) crosses above Average(close, 20) then 1 else 0;
def sellbn = if sell[1] == 0 and  sell then bn else sellbn[1];

def buy    = bn > (sellbn + 5) and close < EntryPrice() - 1;
def buybn  = if buy then bn else buybn[1];

def initialsellbn = if IsNaN(buy) and sell then bn else if buy then 0 else initialsellbn[1];
def days = buybn - initialsellbn[1];

AddOrder(OrderType.SELL_TO_OPEN, bn==initialsellbn);
AddOrder(OrderType.BUY_TO_CLOSE, bn == buybn);

AddChartBubble(bn == initialsellbn, high, "Sellbn: " + initialsellbn + "\nEP: " + open[-1], Color.light_red);
AddChartBubble(bn==buybn, low,  "Buybn: " + Buybn + "\nDays: " + days + "\nXP: " + close, Color.light_green, no);

 

[rottentrade]

This is the reverse of which you requested in a strategy as almost everything was down that I looked over 5 days.. Just reverse the buy and sell terminology for the opposite method. Made to use on a daily chart.

Did I ask this in the past? I apologize if I did, but I don't recall seeing your code before. I haven't been around this place for some time. Anyway, I'll play with it for a while and see if my memory comes back. In case it doesn't, I hope you don't mind if I trouble you with more questions. As always, I appreciate your help.

 

[SleepyZ]

Did I ask this in the past? I apologize if I did, but I don't recall seeing your code before. I haven't been around this place for some time. Anyway, I'll play with it for a while and see if my memory comes back. In case it doesn't, I hope you don't mind if I trouble you with more questions. As always, I appreciate your help.

I do not remember this being asked before. Let us know if you have further questions.