High low midpoint

OneTick · Postby **OneTick** » 07 Jul 2010

This is my first post, trying to learn EL thru tutorials. I am attempting to create a signal where I can enter a position in reference to where last bar (intraday) is between a time range

inputs:
myEntryTime ( 900),
myCutoffTime (1100);

if (time > myEntryTime) and (time < myCutoffTime) then begin

variables:
conditionMidpoint=0;
conditionHigh=0;
conditionLow=0;

//entry condition

if (close > ??? //trying to buy if close is greater then high of "inputs" range.

Basically get stumped here. I need to signify High low MIdpoint for the "inputs" range selected?

Any help would be appreciated

Dave Masalov · Postby **Dave Masalov** » 14 Jul 2010

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Nick · Postby **Nick** » 15 Jul 2010

Code: Select all


Inputs: 

Session_Start(930), Session_End(1615);



vars:

G_H(0), G_L(0), Globex(false);



If Globex and Time >= Session_Start and time < Session_End then

	Globex = false;



if not Globex and Time >= Session_End then begin // Should only execute first tick of Globex session

	G_H=High; G_L=Low;

	Globex = True;

end;



If Globex then begin	

	If High>G_H then G_H=High;

	if Low< G_L then G_L=low;

end;



Plot1(G_H,"G-High");

Plot2(G_L,"G-Low");

This is something I wrote for someone else to illustrate a couple of useful techniques. I think you should be able to use the same idea. Actually it should be a lot simpler if your range is during a single day, this allows for a range split across two days wich makes the logic a little trickier. Single day should not require a 'flag'. I should say that I have not tested it (it was to illustrate a technique) but it should work.