Creating a Limit Line on the chart

Author: Tobey

Creation Date: 3/1/2011 11:55 AM

Wealth Lab » WealthScript (.NET) » Creating a Limit Line on the chart

Tobey

3/1/2011 11:55 AM

Cone & Eugene,

I'd like to graph the Limit price from the LDL2 Strategy on the chart.
I thought it would be a simple 1 day Moving average of the limit price.

But I keep getting error at the description Invalid token '=" in class
And Class structure or interface method must have return type
(errors at line 30 & 31)

Here is the code. Is it a stupid error or am I way off base?

Thanks again
Tobey

CODE:
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Cone & Eugene,

I'd like to graph the Limit price from the LDL2 Strategy on the chart.
I thought it would be a simple 1 day Moving average of the limit price.

But I keep getting error at the description Invalid token '=" in class
And Class structure or interface method must have return type
(errors at line 30 & 31)

Here is the code.  Is it a stupid error or am I way off base?

Thanks again
Tobey

[CODE]
using System;
using System.Collections.Generic;
using System.Text;
using WealthLab;
using WealthLab.Indicators;
using System.Windows.Forms;
using System.Drawing;
using WealthLab.Rules;

namespace WealthLabCompile
{
    class LDL2 : WealthScript
    {
		private StrategyParameter limitMultiplierParam;
		private StrategyParameter maxBarsToHoldParam;
		private StrategyParameter profitTargetParam;
		double	limitPrice;
		//int LimitLine;

public LDL2()
		{
			limitMultiplierParam = this.CreateParameter("Limit Mulitpiler", 0.94, 0.8, 0.99, 0.01);
			maxBarsToHoldParam = this.CreateParameter("Bars to Hold", 2, 2, 25, 1);
			profitTargetParam = this.CreateParameter("Exit Profit %", 3, 1, 25, 1);
		}
		
/*	*/	 
		//Create Limit lines
		DataSeries LimitLine =  SMA.Series( ((Low + Close ) / 2 ) * limitMultiplier, 1 );
		LimitLine.Description = "LimitLn";		
		PlotSeries( PricePane, LimitLine, Color.Red, LineStyle.Solid, 1 );

protected override void Execute()
		{
			double	limitMultiplier = limitMultiplierParam.Value;
			int		maxBarsToHold = maxBarsToHoldParam.ValueInt;
			double	profitTarget = profitTargetParam.Value * 0.01;	// calc percentage value on whole number

for (int bar = 5; bar < this.Bars.Count; bar++)
			{
				limitPrice = ( (Low[bar] + Close[bar] ) / 2 ) * limitMultiplier;

if ( Close[bar] > 5 )
				{
					BuyAtLimit(bar + 1, limitPrice );
				}
				
				for (int p = ActivePositions.Count - 1; p > -1; p-- )
				{
					Position pos = ActivePositions[p];
					if (bar + 1 - pos.EntryBar >= maxBarsToHold)	// sell if position held for X bars
						SellAtMarket(bar + 1, pos, "Hold Days Expired");
					else if ( bar + 1 > pos.EntryBar )
					{
						// sell if position hits profit target percentage
						if (Close[bar] >= (pos.EntryPrice + (pos.EntryPrice * profitTarget)))
							SellAtMarket(bar + 1, pos, "Profit Target Reached");
					}				
				}			
			}
		}
   }	
}

[/CODE]