Positive Closes

Modified on 2014/07/12 14:22 by Administrator — Categorized as: Community Indicators

Positive Closes: Indicator Documentation

Syntax

DataSeries PositiveCloses( DataSeries ds, int Lookback )

Parameter Description

ds	Data series
Lookback	The number of bars over which to count positive closes.

Description

A "positive close" occurs when the value of the DataSeries is higher than it was on the previous bar. This indicator returns the total number of positive closes over the specified lookback period. See also: Negative Closes

Note! Version 2010.10 of Community Indicators contains a breaking change: replaced Bars parameter with DataSeries.

Example

Example based on version 2010.10 of Community Indicators.


using System;
using System.Collections.Generic;
using System.Text;
using System.Drawing;
using WealthLab;
using WealthLab.Indicators;
using Community.Indicators;

namespace WealthLab.Strategies
{
	public class ClosesStrategy : WealthScript
	{
		protected override void Execute()
		{
			DataSeries pc = PositiveCloses.Series( Close, 3 );
			DataSeries nc = NegativeCloses.Series( Low, 5 );
			ChartPane closesPane = CreatePane( 25, true, true );
			PlotSeries( closesPane, pc, Color.Blue, LineStyle.Solid, 2 );
			PlotSeries( closesPane, nc, Color.Red, LineStyle.Solid, 2 );
			
			for(int bar = 5; bar < Bars.Count; bar++)
			{
				if (IsLastPositionActive)
				{
					// Sell when the last 2 of 3 closes are higher
					if (pcbar >= 2)
						ExitAtMarket(bar + 1, LastPosition);
				}
				else
				{
					// Buy when the last 4 of 5 lows are lower
					if (ncbar >= 4)
						BuyAtMarket(bar + 1);
				}
			}			
		}
	}
}