Buy or Sell at a certain distance from moving average

• 03/23/2023 at 10:42 AM #211982
  Wolf

  Hi,

  Proreal does not have by default an indicator to calculate distance in % from price to a moving average, as this one…How Can I Measure the Distance Between Price and a Moving Average? | MailBag | StockCharts.com

  Can we please have it, and also can you please show me the code for a strategy where I can automate to buy or sell when price is at a certain % from 200 moving average?

  Thanks

  Wolf

  

  Wolf

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  03/23/2023 at 10:42 AM #211980
  Wolf

  Hi,

  Proreal does not have this indicator, How Can I Measure the Distance Between Price and a Moving Average? | MailBag | StockCharts.com

   

  Can we please have it, and also can you please show me the code for a strategy where I can automate to buy or sell when price is at a certain % from 200 moving average

   

  Thanks

   

  Ivan

  

  Wolf

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  03/23/2023 at 3:15 PM #211991
  JS

  Hi @Wolf,

  Hereby a simple trading system based on %difference between Close and MA200…

  %Diff between Close and MA200

  DefParam CumulateOrders = False Once PercLong = 2 //If difference >= PercLong then go LONG Once PercShort = -2 //If difference <= PercShort then go SHORT MA200 = Average[200](Close) // 200 units Moving Average PercDiff = (Close - MA200) / MA200 * 100 // % Difference between Close and MA200 If PercDiff >= PercLong then // If % Diffence >= PercLong then go LONG Buy 1 Contract at Market EndIf If PercDiff <= PercShort then // If % Diffence <= PercShort then go SHORT SellShort 1 contract at Market EndIf //Graph PercDiff

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  DefParam CumulateOrders = False   Once PercLong = 2 //If difference >= PercLong then go LONG Once PercShort = -2 //If difference <= PercShort then go SHORT   MA200 = Average[200](Close) // 200 units Moving Average PercDiff = (Close - MA200) / MA200 * 100 // % Difference between Close and MA200   If PercDiff >= PercLong then // If % Diffence >= PercLong then go LONG Buy 1 Contract at Market EndIf   If PercDiff <= PercShort then // If % Diffence <= PercShort then go SHORT SellShort 1 contract at Market EndIf   //Graph PercDiff

  

  JS

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  03/24/2023 at 2:27 PM #212054
  Nicolas

  You can find the PPO (Percent Price Oscillator) here: https://www.prorealcode.com/prorealtime-indicators/percentage-price-oscillator-ppo/

  

  Nicolas

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