This statement doesnt look right
buy if the Close drops 4% below the HHV of the last 52 weeks and buy if the
Close is greater than the LLV of the last 52 weeks based on Fridays close.  
1. Is the first buy a sell?
2. Does the second buy have a 4% limit somewhere, or do you just want to buy
anytime when its greater than its 52weeks low which is just about all the
time.
 

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From: amibroker@yahoogroups.com [mailto:[EMAIL PROTECTED] On Behalf
Of Dave McLeod
Sent: Friday, 2 March 2007 4:10 AM
To: amibroker@yahoogroups.com
Subject: [amibroker] Zweig 4% Rule/System




I am trying to code the Zweig 4% reversal system but I am not catching on as
to how to limit the buys and sells from each week.
 
Your supposed to buy if the Close drops 4% below the HHV of the last 52
weeks and buy if the Close is greater than the LLV of the last 52 weeks
based on Fridays close.  
 
Here is what I have so far.
 
DOW=DayOfWeek()==5;
Hi=HHV(Close,52);
Lo=LLV(Close,52);
VBuy = Close*1.04>=Ref(Lo,-1) AND DOW;
VSell = Close*.96<=Ref(Hi,-1) AND DOW;
Buy = ExRem(VBuy,VSell);
Sell = ExRem(VSell,VBuy);
 
This buys and then sells each week. I am obviously not using exrem correctly
and it still buys weekly wether I have DOW in or out.
 
If someone could point out my mistakes that would be great.
 
Thanks
DM


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