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Post From: Code Correction help (Aim is to avoid consecutive buy/sell signals)

[2019-09-02 10:37:38]
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rvdesh - Posts: 28
/* Please help rectify the error in the code*/

#include "sierrachart.h"

/************************************************************/
SCDLLName("Gap Open Study")

SCSFExport scsf_GapOpenStudy(SCStudyInterfaceRef sc)
{
  SCSubgraphRef BuyEntrySubgraph = sc.Subgraph[0];
  SCSubgraphRef SellEntrySubgraph = sc.Subgraph[2];

  SCInputRef Enabled = sc.Input[0];


  if (sc.SetDefaults)
  {
    // Set the study configuration and defaults.

    sc.GraphName = "Gap Open Delay Study";

    sc.StudyDescription = "Signals based on Gap";

    sc.GraphRegion = 0;

    BuyEntrySubgraph.Name = "Buy Entry";
    BuyEntrySubgraph.DrawStyle = DRAWSTYLE_ARROW_UP;
    BuyEntrySubgraph.PrimaryColor = RGB(0, 255, 0);
    BuyEntrySubgraph.LineWidth = 2;
    BuyEntrySubgraph.DrawZeros = false;

    SellEntrySubgraph.Name = "Sell Entry";
    SellEntrySubgraph.DrawStyle = DRAWSTYLE_ARROW_DOWN;
    SellEntrySubgraph.PrimaryColor = RGB(255, 0, 0);
    SellEntrySubgraph.LineWidth = 2;
    SellEntrySubgraph.DrawZeros = false;

    Enabled.Name = "Enabled";
    Enabled.SetYesNo(1);

    sc.AutoLoop = 1;
    sc.GraphRegion = 0;

    return;
  }

float OpenValue = sc.Open[sc.Index - 1];
float CloseValue = sc.Close[sc.Index - 1];
float PrevLowValue = sc.Low[sc.Index - 2];
float PrevHighValue = sc.High[sc.Index - 2];

bool up = OpenValue < PrevLowValue;
bool dn = OpenValue > PrevHighValue;

/*The next two lines compile but there are too many up/down signals, causing whipsaws. */

bool buysignal = up && !dn[sc.Index - 1];
bool sellsignal = dn && !up[sc.Index - 1];

/*To avoid whipsaws I want buysignal to be true only if open < previous low and there is no sellsignal on the previous bar. Similarly , I want sellsignal to be true only if Open > Previous High and there is no buysignal on the previous bar
But the code is not building but returning error.

bool buysignal = up && !dn[sc.Index - 1];
bool sellsignal = dn && !up[sc.Index - 1];*/

if (buysignal == true)
{
  BuyEntrySubgraph[sc.Index] = sc.Low[sc.Index];
}

else if (sellsignal == true)
{
  SellEntrySubgraph[sc.Index] = sc.High[sc.Index];
}
}

//Please rectify error and help
Date Time Of Last Edit: 2019-09-02 10:39:26