Simple Moving Average Crossing Areas
Hi all,
I create and indicator that highlighted the moment previous to a crossing SMA and the moment afterwards. What is called “Golden Cross” and “Death Cross”
The indicator is very simple but an be very usefully for an automatic strategy. Because it shows in real time the moment where is inevitable the crossing of two Simple Moving Average and the moment afterwards.
How it can be used? well I can imagine an strategy using it as a filter for Higher Time Frame or multi crossing of SMA in different time frame.
Hope you like it.
period001 = 50
period = 100
WMA001=weightedaverage[period001](close)
WwMA001=weightedaverage[period001](WMA001)
SMA002=average[period002](close)
//Crossing areas definiton
CrossingBULL=0
IF WMA001 > SMA002 and WwMA001 < SMA002 then
CrossingBULL=1
ENDIF
CrossingBEAR=0
IF WMA001 < SMA002 and WwMA001 > SMA002 then
CrossingBEAR=1
ENDIF
Return CrossingBULL COLOURED(0,150,0) STYLE(histogram,2) as "Crossing Bull", CrossingBEAR COLOURED(200,0,0) STYLE(histogram,2) as "Crossing Bear", 0 as "cero"
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hello Leo I'm spending time on your strategy code. do you agree to try to include this code (see ITF file) and try to make it work. I don't know how to do it alone yet. thank you. it is surely necessary to remove MMperiode from my code too ...
By the way I create a very interesting strategy that look very nice even in walkforward test ( just tested in AUD/USD in 5min timeframe) DEFPARAM PRELOADBARS=1000 //Period001= //from 10 to 40 step 10 //Period002= //from 120 to 300 step 30 //Period003= //from 10 to 40 step 10 //Period004= //from 120 to 300 step 30 //Pentry= // from 7 to 28 step 7 //Kp= //from 1 to 2 step 0.5 WMA001=weightedaverage[period001](close) WwMA001=weightedaverage[period001](WMA001) SMA002=average[period002](close) //Crossing areas definiton CrossingBULL1=0 IF WMA001 > SMA002 and WwMA001 < SMA002 then CrossingBULL1=1 ENDIF CrossingBEAR1=0 IF WMA001 SMA002 then CrossingBEAR1=1 ENDIF timeframe(1 hour, default) //Crossing areas definiton WMA003=weightedaverage[period003](close) WwMA003=weightedaverage[period003](WMA003) SMA004=average[period004](close) CrossingBULL2=0 IF WMA003 > SMA004 and WwMA003 < SMA004 then CrossingBULL2=1 ENDIF CrossingBEAR2=0 IF WMA003 SMA004 then CrossingBEAR2=1 ENDIF timeframe(default) ONCE PXentry=round(0.6*Pentry) highest1=highest[Pentry](high) IF highest1 = highest1[PXentry] then Re1=highest1 ENDIF IF high > Re1 then Re1=high ENDIF lowest1=lowest[Pentry](low) IF lowest1 = lowest1[PXentry] then S1=lowest1 ENDIF If low 3 and hour<22 and DayOfWeek<=5 then // Bedingungen zum Einstieg in Long-Positionen IF NOT LongOnMarket AND CrossingBULL1=1 and CrossingBULL2=1 THEN stoploss=(close - S1)/pipsize +2*pipsize BUY 1 CONTRACTS AT MARKET SET STOP PLOSS stoploss SET TARGET PPROFIT Kp*stoploss ENDIF // Bedingungen zum Ausstieg von Long-Positionen If LongOnMarket AND CrossingBEAR1=1 THEN SELL AT MARKET ENDIF // Bedingungen zum Einstieg in Short-Positionen IF NOT ShortOnMarket AND CrossingBEAR1=1 and CrossingBEAR2=1 THEN stoploss=(Re1-close)/pipsize + 2*pipsize SELLSHORT 1 CONTRACTS AT MARKET SET STOP PLOSS stoploss SET TARGET PPROFIT Kp*stoploss ENDIF // Bedingungen zum Ausstieg aus Short-Positionen IF ShortOnMarket AND CrossingBULL1=1 THEN EXITSHORT AT MARKET ENDIF ENDIF
i think must check the code
//version a: ajout filtre MM defparam cumulateorders=false // --- paramètres taille = 1 //taille de contrat pour les prises de position active3Bougies = 1 //active ou non une suite de 3 bougies consécutives cul plate ou non (1 = OUI / 0 = NON) culPlat = 100 //cul plat en pourcentage (taille de la meche en % de taille global) MMperiode = 20 //période de la moyenne mobile (filtre pour prises de position) // --- fin des paramètres avg = average[MMperiode](close) xClose = (open+high+low+close)/4 IF BarIndex=0 THEN xOpen = open xHigh = high xLow = low ELSe xOpen = (xOpen[1] + xClose[1])/2 xHigh = Max(Max(high, xOpen), xClose) xLow = Min(Min(low, xOpen), xClose) ENDIF irange = xhigh-xlow red = xclose<xopen and ((xhigh-xopen)/irange)xopen and ((xopen-xlow)/irange)<=(100-culplat)/100 if active3Bougies then redcons = summation[3](red)=3 greencons = summation[3](green)=3 else redcons = red greencons = green endif if not onmarket and redcons and xcloseavg then buy taille contract at market endif //graph (xhigh-xopen)/irange //graph greencons coloured(0,255,0)