Bail1 for Daily

Article/Author: Omega research Inc., 1997

Description: An example of system that Exits Current Position at lowest (highest) price of 3 days.

Signal ELA Code:

{BAIL1 FOR DAILY}

IF MARKETPOSITION = 1 THEN SELL("LXBAIL1") TOMORROW AT

	LOWEST(LOW,3) STOP;

IF MARKETPOSITION = -1 THEN BUYTOCOVER("SXBAIL1") TOMORROW AT

	HIGHEST(HIGH,3) STOP;

Download: bailout.ela

File Includes: Signal - Bail1 for Daily