6 ema crossing strategy

• 11/06/2018 at 5:06 AM #84226
  rae

  Hi all, please help me with the code on this 6ema crossing strategy.

  set 1: ema 34/89/144 (LT ema)
  set 2: ema 8/13/21 (ST ema)

  for short term trading:

  1. determine trend
  when both sets of ema are in alignment, can go long or short in according to the alignment (small to big = long) (big to small = short)

  2. Determine Trigger
  when the 2 smallest EMA (8 cuts 13) in according to the alignment, then enter LONG or SHORT

  exit trade (take profit) also in accordance to the crossing of the 2 smallest ema (8 cuts 13)

  thanks in advance!

  

  rae

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  11/06/2018 at 9:28 AM #84230
  robertogozzi

  Try this (tested only for syntax errors):

  DEFPARAM CumulateOrders = false ONCE MAtype = 1 //1 = ema LTema1 = average[34,MAtype](close) //34 LTema2 = average[89,MAtype](close) //89 LTema3 = average[144,MAtype](close) //144 STema1 = average[8,MAtype](close) //8 STema2 = average[13,MAtype](close) //13 STema3 = average[21,MAtype](close) //21 // LONG setup l1 = STema2 > STema3 l2 = STema3 > LTema1 l3 = LTema1 > LTema2 l4 = LTema2 > LTema3 l5 = STema1 CROSSES OVER STema2 GoLong = l1 AND l2 AND l3 AND l4 AND l5 // SHORT setup s1 = STema2 < STema3 s2 = STema3 < LTema1 s3 = LTema1 < LTema2 s4 = LTema2 < LTema3 s5 = STema1 CROSSES UNDER STema2 GOShort= s1 AND s2 AND s3 AND s4 AND s5 // // Exit LONG trades IF s5 AND LongOnMarket THEN SELL AT MARKET ENDIF // // Exit SHORT trades IF l5 AND ShortOnMarket THEN EXITSHORT AT MARKET ENDIF // // LONG trade IF GoLong AND Not OnMarket THEN BUY 1 CONTRACT AT MARKET ENDIF // SHORT trade IF GoShort AND Not OnMarket THEN SELLSHORT 1 CONTRACT AT MARKET ENDIF

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41

  DEFPARAM CumulateOrders = false ONCE MAtype = 1                        //1 = ema LTema1 = average[34,MAtype](close)     //34 LTema2 = average[89,MAtype](close)     //89 LTema3 = average[144,MAtype](close)    //144 STema1 = average[8,MAtype](close)      //8 STema2 = average[13,MAtype](close)     //13 STema3 = average[21,MAtype](close)     //21 // LONG  setup l1     = STema2 > STema3 l2     = STema3 > LTema1 l3     = LTema1 > LTema2 l4     = LTema2 > LTema3 l5     = STema1 CROSSES OVER STema2 GoLong = l1 AND l2 AND l3 AND l4 AND l5 // SHORT setup s1     = STema2 < STema3 s2     = STema3 < LTema1 s3     = LTema1 < LTema2 s4     = LTema2 < LTema3 s5     = STema1 CROSSES UNDER STema2 GOShort= s1 AND s2 AND s3 AND s4 AND s5 // // Exit LONG  trades IF s5 AND LongOnMarket THEN    SELL AT MARKET ENDIF // // Exit SHORT trades IF l5 AND ShortOnMarket THEN    EXITSHORT AT MARKET ENDIF // // LONG  trade IF GoLong AND Not OnMarket THEN    BUY 1 CONTRACT AT MARKET ENDIF // SHORT trade IF GoShort AND Not OnMarket THEN    SELLSHORT 1 CONTRACT AT MARKET ENDIF

   

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  rae

  

  robertogozzi

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  11/06/2018 at 3:59 PM #84242
  rae

  hi robert, there is no syntax error but how can adjust the coding to get a better win/lose ratio? and also to avoid multiple entries.

  i tested in on EU 1h and it gave me the result in the attachment

  

  rae

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  11/06/2018 at 4:56 PM #84245
  robertogozzi

  Apart from modifying the periods of the averages, you could add a trailing stop and have a try.

  What do you mean by “avoid multiple entries“?

  Line 1 and also lines 36 and 40 make sure there are not multiple entries at the same time.

  After a crossing occurs there will be no new entry till the next crossing, provided there is the correct alignement of MA’s.

   

  

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  11/06/2018 at 5:44 PM #84251
  rae

  thanks robert.
  1. there is this case in one of the attachments below where it entered twice.

  2. and how is possible to code to capture entry after the STemas crossing but before LTemas are in alignments? (see attachment)

  thanks again

  

  rae

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  11/06/2018 at 6:29 PM #84255
  robertogozzi

  As for question 1, I have experienced two almost adjacent crossings causing a long trade to enter twice on Oct. 16th (see attached pic), which is correct, but you may want to ban the strategy from entering again before, say, 10-15 bars, or till the next day!

  As for question 2, despite not requiring LTemas to be aligned do you want them ALL to still be above/below STemas & STemas to be aligned besides crossing?

  

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  11/06/2018 at 6:51 PM #84257
  rae

  hi robert, perhaps this attachment is clearer of what the strategy is intended to be. thanks for your help

  

  rae

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  11/06/2018 at 7:15 PM #84260
  robertogozzi

  Point 3 requires ALL STemas to crossover ALL LTemas?  If not, which LTemas needs to be crossed over by STemas and which one doesn’t?

  Unfortunately your pic is fine for trading manually while watching your charts, but coding that behaviour in an automated strategy is not that easy, for instance you, at point 2, say “approaching”, but a piece of software cannot understand, approaching is 10 pips away or maybe just 2, or crossing (which one of the six EMAs should approach or cross the other group to handle it properly)?

  You must TELL (pics don’t help me much in this case) me what those six EMAs have to do exactly.

   

  

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  11/06/2018 at 7:42 PM #84261
  rae

  hi robert, replying to your questions:

  Point 3 requires ALL STemas to crossover ALL LTemas? All STemas has to first cross over Ema34 and subsequently all STemas together with Ema34 has to cross over Ema89 and Ema144

  STemas are for entry and exit and they react the fastest to trend change, hence they are also the trend determinant. When the smallest Ema crosses the middle one, it will signal a sign of trend change.

  LTemas are more for the long term trend change, they respond the slowest, hence the crossing of all STemas with LTemas will be the confirmation for trend change.

  —

  So to consolidate my points:

  1. STemas crossing – (ema8 over ema13) or (ema8 over ema21)
  2. all STemas cross LTema1 (ema34) – to take action
  3. all STemas is above all LTemas

  Thks.

  

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  11/07/2018 at 12:37 PM #84321
  robertogozzi

  Sorry for not being able to take a look at it today, I’ll have one tomorrow.

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  11/08/2018 at 8:56 AM #84393
  robertogozzi

  Your last post differs considerably from your first one, this is the code:

  DEFPARAM CumulateOrders = false ONCE MAtype = 1 //1 = ema LTema1 = average[34,MAtype](close) //34 LTema2 = average[89,MAtype](close) //89 LTema3 = average[144,MAtype](close) //144 STema1 = average[8,MAtype](close) //8 STema2 = average[13,MAtype](close) //13 STema3 = average[21,MAtype](close) //21 // LONG setup l1 = (STema1 CROSSES OVER STema2) OR (STema1 CROSSES OVER STema3) //STema8 crosses over STema13 or STema21 l2 = min(STema1,min(STema2,STema3)) > max(LTema1,max(LTema2,LTema3)) //all STemas > all LTemas l3 = (STema1 CROSSES OVER LTema1) AND (STema2 CROSSES OVER LTema1) AND (STema3 CROSSES OVER LTema1) //ALL STemas cross over LTema1 l5 = STema1 CROSSES OVER STema2 //exit trigger for SHORT trades GoLong = l1 AND l2 AND l3 // SHORT setup s1 = (STema1 CROSSES UNDER STema2) OR (STema1 CROSSES UNDER STema3) //STema8 crosses under STema13 or STema21 s2 = max(STema1,min(STema2,STema3)) < min(LTema1,max(LTema2,LTema3)) //all STemas < all LTemas s3 = (STema1 CROSSES UNDER LTema1) AND (STema2 CROSSES UNDER LTema1) AND (STema3 CROSSES UNDER LTema1) //ALL STemas cross under LTema1 s5 = STema1 CROSSES UNDER STema2 //exit trigger for LONG trades GOShort= s1 AND s2 AND s3 // // Exit LONG trades IF s5 AND LongOnMarket THEN SELL AT MARKET ENDIF // // Exit SHORT trades IF l5 AND ShortOnMarket THEN EXITSHORT AT MARKET ENDIF // // LONG trade IF GoLong AND Not OnMarket THEN BUY 1 CONTRACT AT MARKET ENDIF // SHORT trade IF GoShort AND Not OnMarket THEN SELLSHORT 1 CONTRACT AT MARKET ENDIF

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39

  DEFPARAM CumulateOrders = false ONCE MAtype = 1                        //1 = ema LTema1 = average[34,MAtype](close)     //34 LTema2 = average[89,MAtype](close)     //89 LTema3 = average[144,MAtype](close)    //144 STema1 = average[8,MAtype](close)      //8 STema2 = average[13,MAtype](close)     //13 STema3 = average[21,MAtype](close)     //21 // LONG  setup l1     = (STema1 CROSSES OVER STema2)  OR (STema1 CROSSES OVER STema3)   //STema8 crosses over STema13 or STema21 l2     = min(STema1,min(STema2,STema3)) > max(LTema1,max(LTema2,LTema3)) //all STemas > all LTemas l3     = (STema1 CROSSES OVER LTema1) AND (STema2 CROSSES OVER LTema1) AND (STema3 CROSSES OVER LTema1)  //ALL STemas cross over LTema1 l5     = STema1 CROSSES OVER STema2    //exit trigger for SHORT trades GoLong = l1 AND l2 AND l3 // SHORT setup s1     = (STema1 CROSSES UNDER STema2) OR (STema1 CROSSES UNDER STema3)  //STema8 crosses under STema13 or STema21 s2     = max(STema1,min(STema2,STema3)) < min(LTema1,max(LTema2,LTema3)) //all STemas < all LTemas s3     = (STema1 CROSSES UNDER LTema1) AND (STema2 CROSSES UNDER LTema1) AND (STema3 CROSSES UNDER LTema1)  //ALL STemas cross under LTema1 s5     = STema1 CROSSES UNDER STema2  //exit trigger for LONG trades GOShort= s1 AND s2 AND s3 // // Exit LONG  trades IF s5 AND LongOnMarket THEN    SELL AT MARKET ENDIF // // Exit SHORT trades IF l5 AND ShortOnMarket THEN    EXITSHORT AT MARKET ENDIF // // LONG  trade IF GoLong AND Not OnMarket THEN    BUY 1 CONTRACT AT MARKET ENDIF // SHORT trade IF GoShort AND Not OnMarket THEN    SELLSHORT 1 CONTRACT AT MARKET ENDIF

   

  Due to multiple crossings on the same bar it generates very few trades.

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