Hello: Fairly new to Amibroker with a question regarding MA crossover. This is probably very simple to code, but I can't seem to wrap my head around it. I would like to have a filter that I include with buy logic as follows: Using S&P500 data, whenever price moves above 65 week moving average by 1%, filter = 1. Whenever price moves below MA by 1% filter = 0.
The part I'm getting hung up on is what happens in between filter. Say price trends down from buy zone (1.01*65 week MA), but doesn't close below sell zone (.99*65 week MA). Then price comes back up above 1% buy filter. During this period, the filter should always = 1. But if it crosses 1% sell filter, it should become 0 until it crosses above 1% buy filter. I think I'm making this much more confusing than it needs to be. I'm sure there is a very simple way to program this - that's what I'm looking for. Thanks ahead of time, Levi
