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forexts · #3 (**permalink**) 11-11-2005, 04:15 PM

marketposition == 1 --> Long
marketposition == 0 --> No trades
marketposition == -1 --> Short

MaxtradeClose == First Item of array MaxTradeClose == Value of that array for current bar

So .. MaxTradeClose (in ELA) = MaxTradeClose[0] (in mq4).

MinTradeLow, MaxTradeClose ... and those variables are array used for temporal calculation based on calculation.

Quote:

Originally Posted by Alex.Piech.FinGeR

i not understand

this ELA code

-----Functions Used in the Code---------

{---Function MaxTradeClose---}

if marketposition <> 1 then MaxTradeClose=-999999;

if marketposition=1 and C>MaxtradeClose[1] then MaxtradeClose=C;

{---Function MinTradeClose---}

if marketposition <>-1 then MinTradeClose=999999;

if marketposition=-1 and C<MinTradeClose[1] then MinTradeClose=C;

{---Function MaxTradeHigh---}

if marketposition <> 1 then MaxTradeHigh=-999999;

if marketposition=1 and H>MaxtradeHigh[1] then MaxtradeHigh=H;

{---Function MinTradeLow---}

if marketposition <>-1 then MinTradeLow=999999;

if marketposition=-1 and L<MinTradeLow[1] then MinTradeLOw=L;