Buy after N number of bars please help

• 05/08/2017 at 2:38 PM #34825
  DAK

  Hi everyone,

  I would need some help for a little code.

  I am trying to code the following strategy :

  • Wait for EMA 5 AND EMA 10 to cross but don’t enter
  • After a certain number of bars, if EMA 5 is still above EMA 10 then you can enter the market

  The number of bars to wait is issued from a third indicator and this value is changing over time.

  I tried but didn’t manage to code properly this strategy. Any help would be very appreciated. If it really works I will publish it.

  Many thanks.

  // Indicators ind1 = ExponentialAverage[5](close) ind2 = ExponentialAverage[10](close) ind3 = customvalue // IF ind1 CROSSES OVER ind2 THEN BUY AFTER "customvalue" number of bars IF ind1 still > ind2

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  // Indicators   ind1 = ExponentialAverage[5](close)   ind2 = ExponentialAverage[10](close)   ind3 = customvalue   // IF ind1 CROSSES OVER ind2 THEN BUY AFTER "customvalue" number of bars IF ind1 still > ind2

   

  

  DAK

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  05/08/2017 at 5:01 PM #34844
  robertogozzi

  Try this one (I didn ‘t):

  DEFPARAM CumulateOrders = False ONCE NumberOfBars = 0 //Initial value IF OnMarket OR (ExponentialAverage[5] CROSSES UNDER ExponentialAverage[10]) THEN//Reset counter to ZERO NumberOfBars = 0 // while trade is open OR ENDIF // Ema's cross the other way round IF NumberOfBars THEN //If previously CROSSED, add NumberOfBars = NumberOfBars + 1 // add 1 at each bar ENDIF IF ExponentialAverage[5] CROSSES OVER ExponentialAverage[10] THEN NumberOfBars = 1 //Start counting after crossing up ENDIF IF NumberOfBars >= your_indicator_value THEN BUY 1 CONTRACTS AT MARKET ENDIF

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  DEFPARAM CumulateOrders       = False   ONCE NumberOfBars             = 0                                               //Initial value   IF OnMarket OR (ExponentialAverage[5] CROSSES UNDER ExponentialAverage[10]) THEN//Reset counter to ZERO    NumberOfBars = 0                                                             //  while trade is open OR ENDIF                                                                           //  Ema's cross the other way round   IF NumberOfBars THEN                                                            //If previously CROSSED, add    NumberOfBars = NumberOfBars + 1                                              //  add 1 at each bar ENDIF   IF ExponentialAverage[5] CROSSES OVER ExponentialAverage[10] THEN    NumberOfBars = 1                                                             //Start counting after crossing up ENDIF   IF NumberOfBars >= your_indicator_value THEN    BUY 1 CONTRACTS AT MARKET ENDIF

   

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  Nicolas

  

  robertogozzi

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  05/09/2017 at 9:51 AM #34900
  DAK

  Thanks very much it works like a charm !

  

  DAK

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