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Strategy Wizard Pullback Problem

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    Strategy Wizard Pullback Problem

    I am having a problem programming part of a strategy in the Strategy Wizard to open a position on a pullback and would appreciate any help offered. The following is an example. In an uptrend I want to buy to open when the price pulls back(goes down) 16 ticks from the high looking back 10 bars. The entries for that in the Strategy Wizard window are as follows:

    Left Side Right Side

    Price Data Misc
    Low Highest Bar

    Paramenters < Paramenters

    Bars ago 0 Series Default Input

    Offset Type Tick Look back Period 10
    Offset -16

    Thanks in advance for any any input

    Mark

    #2
    The leftside/rightside info was moved when the post was submitted. It did not allow a side by side comparision

    I will post the left and right side inputs again.

    Left Side
    Price Data
    Low

    Paramenters
    Bars Ago 0
    Offset type Tick
    Offset -16

    Is <

    Right Side
    Misc
    Highest Bar

    Paramenters
    series default input
    look back period 10

    The way I read the above is that when the present bar low is -16 ticks less than (<) the highest bar looking back 10 bars then open a long position(programmed in the action box)

    Comment


      #3
      Hi Mark, thanks for your posts - want to use MIN / MAX from the indicators category instead of LowestBar / HighestBar. This will give you the neede price value of the lowest low of the last 10 bars then for entry order to activate.

      Comment


        #4
        Hi Bertrand,

        Thanks for the reply. I looked at the Min and Max indicators and could not make the connection on how to program the Strategy Wizard using them. Do you have time to post the Strategy Wizard inputs to make the Min/Max work as I posted below?

        Mark

        Comment


          #5
          Hi Mark,
          reread your posts, are you looking for something like this?
          Attached Files

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