Comment on Code your Technical Analysis strategy

Nithin Kamath commented on 10 Sep 2013, 09:49 AM

Buy Alert Expression:
REF (CLOSE, 3) > REF (OPEN, 3) AND REF (CLOSE, 3) < REF (CLOSE, 2) AND REF (CLOSE, 2) < REF (CLOSE, 1) AND OPEN > REF (CLOSE, 1)

Sell Alert Expression:
REF (CLOSE, 3) < REF (OPEN, 3) AND REF (CLOSE, 3) > REF (CLOSE, 2) AND REF (CLOSE, 2) > REF (CLOSE, 1) AND OPEN < REF (CLOSE, 1)

Condition for BUY -> 15 paise up for 100 rupees. – didn’t understand; is this in conjunction with the conditions mentioned above?
Condition for SELL -> 15 paise down for 100 rupees. – didn’t understand; is this in conjunction with the conditions mentioned above?

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