Kris Veteran  Posts: 102 Joined: 5/23/2004 Location: Johannesburg  User Profile | Two questions re. your explanation of the Grail indicator, point "3. When price touches 20 EMA, place buy stop above high of previous bar": 1. Is the actual trigger level the High of the bar preceding the bar touching the EMA(20)? 2. Is there a limit of bars for how long the signal would be valid? E.g. would it be valid long signal if the price broke above the high of the reference bar 1,2,3 bars later? I have coded the Grail system, where signal is generated if the bar touching the EMA(20) closes above the previous bar, or if the first bar after the one touching EMA(20) closes above the bar before the one touching the EMA(20). I hope I am making myself clear. CHeers, Kris PS. To all OT2007 Standard users. I understand that you can use custom/Pro files, but you cannot create/edit one. Place attached file in the ..\Nirvana\OT2007\VBA\Systems\ folder, re-start OT and open the Strategy Builder. GrailSys (system) should be listed in the [Systems] block/table.  Attached file : GrailSys.txt (1KB - 642 downloads) |
