Support Board
Date/Time: Sat, 01 Mar 2025 11:01:35 +0000
[Programming Help] - How do a Crossover Trading system?
View Count: 1594
| [2021-10-03 02:25:16] |
| hr719 - Posts: 25 |
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Currently I am using a Moving Average Crossover study. So I am trying to use the trading system bases on alert cross over, but not sure what to put in the "alert condition section." Basically I want the conditions to be: If above 50 EMA, When the bar closes above 9 EMA, Go long. Only sell this contract once the bar closes belove 9EMA. If the below the 50 EMA. Sell once the bar closes below 9 ema, and close contract once the bar closes above 9 EMA. Basically I only want to go long when its above 50 EMA with 9Ema cross as the alert to buy and close contract. I dont ever want to go short above 50 ema, and I dont ever want to go long under 50 ema. Can someone please help me on what to put on Alert Conditions to achieve this? |
| [2021-10-03 22:51:11] |
| Sawtooth - Posts: 4177 |
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Try this, where the Moving Average Crossover study is ID1: Buy entry: =AND(ID1.SG3>0,C>ID1.SG1) Buy exit: =C<ID1.SG1 Sell entry: =AND(ID1.SG4>0,C<ID1.SG2) Sell exit: =C>ID1.SG1 Study/Chart Alerts And Scanning Trading System Based on Alert Condition Date Time Of Last Edit: 2021-10-03 22:59:43
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| [2021-10-03 23:58:47] |
| hr719 - Posts: 25 |
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Hey, thank you for those formulas.It seems to work good, but its not taking all the orders from from the 9 EMA.It seems to only take the first order, I would like it if could take a buy order every tike it crosses from below the 9 ema, as long as its above the 50 eMA. So say if there is a small sell off the price will cross below the 9 EMA, but if its still above The 50 EMA,it should take the buy signal when it crosses from below the 9 EMA. I hope im making sense. When i tested th above formuLA, it onlu boUGHT The cross omce, but the price crossed through the 9 mULTIple times with no order placed.
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| [2021-10-04 03:11:22] |
| Sawtooth - Posts: 4177 |
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Are you saying the signals are not the 9 EMA crossing the 50 EMA, but the bar's close crossing the 9 EMA (with the direction of trade based on the EMA stack)? Observation: The 9 EMA is a fast MA and is always near the price bar. You will have many whipsaw trades because the exits are also at the 9 EMA. Please confirm. |
| [2021-10-04 03:25:06] |
| hr719 - Posts: 25 |
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corrext! when above the 50 ema, i want to take long trades only. once above, i want to use 9 as the order placer and the price crossing between it. once under 50 ema i want only sell orders based on the 9 ema for selll triggers. yes i understand its very close, but im testing a method and results have been good. i have my own brackets set so i dont even use buy exit much its just there for safety. |
| [2021-10-04 11:55:48] |
| Sawtooth - Posts: 4177 |
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Try this, where the Moving Average Crossover study is ID1: Buy entry: =AND(ID1.SG1>ID1.SG2,CROSSFROMBELOW(C,ID1.SG1)) Buy exit: =C<ID1.SG1 Sell entry: =AND(ID1.SG1<ID1.SG2,CROSSFROMABOVE(C,ID1.SG1) Sell exit: =C>ID1.SG1 |
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