Coding request for EMA9 / WMA30 strategy

phoentzs · 2021-10-19T20:32:52+00:00

Hello, I have a coding request for the following strategy from Galen Woods. Can someone code that for me, please? These are the rules for a long trade signal: The 9-period EMA must be above the 30-period WMA The two moving averages must be separated from each other The first bar to close below the 9 EMA is used as the trigger bar for the buy setup Place a buy limit order above the high of the trigger bar. If you want to go short, follow this three step process: The 9-period EMA must be below the 30-period WMA The two moving averages must be separated from each other The first bar to close above the 9 EMA is used as the trigger bar for the sales setup Place a sell limit order below the low of the trigger bar Trailing stop loss below / above the WMA30 For better reading of the trading rules I found this website: https://tradingstrategyguides.com/9-30-trading- strategy / # When_to_use_the_930_Trading_Method

Viewing 8 posts - 1 through 8 (of 8 total)

Author

Posts
10/19/2021 at 9:32 PM #179990 quote

phoentzs
Participant

Master

Hello, I have a coding request for the following strategy from Galen Woods. Can someone code that for me, please?

These are the rules for a long trade signal:

The 9-period EMA must be above the 30-period WMA

The two moving averages must be separated from each other

The first bar to close below the 9 EMA is used as the trigger bar for the buy setup

Place a buy limit order above the high of the trigger bar.

If you want to go short, follow this three step process:

The 9-period EMA must be below the 30-period WMA

The two moving averages must be separated from each other

The first bar to close above the 9 EMA is used as the trigger bar for the sales setup

Place a sell limit order below the low of the trigger bar

Trailing stop loss below / above the WMA30

For better reading of the trading rules I found this website:

https://tradingstrategyguides.com/9-30-trading- strategy / # When_to_use_the_930_Trading_Method

10/20/2021 at 12:06 PM #180009 quote
robertogozzi
Moderator

Legend
There you go:
```
//                   9-30 Trading Method
//
//https://tradingstrategyguides.com/9-30-trading-strategy/
//
DEFPARAM CumulateOrders = false
//
ONCE Trigger = 0
ONCE EntryL  = 0
ONCE EntryS  = 0
ONCE SL      = 0
//
TradeON = (OpenTime >= 090000) AND (OpenTime <= 190000)
//
Ema9    = average[9,1](close)
Wma30   = average[30,2](close)
L1      = Ema9 > Wma30
S1      = Ema9 < Wma30
MAgap   = abs(Ema9 - Wma30)
Apart   = MAgap > average[20,0](MAgap)
Trigger = (L1 AND (close < Ema9)) OR (S1 AND (close > Ema9))
IF OnMarket OR (L1 <> L1[1]) OR (S1 <> S1[1]) THEN
   Trigger = 0
   EntryL  = 0
   EntryS  = 0
   SL      = 0
ENDIF
IF (Apart AND L1) AND Not Trigger THEN
   EntryL = high  + 1 * PipSize
   EntryS = 0
   //SL   = low   - 1 * PipSize
   SL     = Wma30 - 1 * PipSize
ELSIF (Apart AND S1) AND Not Trigger THEN
   EntryS = low  - 1 * PipSize
   EntryL = 0
   //SL   = high  + 1 * PipSize
   SL     = Wma30 + 1 * PipSize
ENDIF
//
IF TradeON THEN
   IF EntryL AND Not LongOnMarket THEN
      BUY 1 CONTRACT AT EntryL STOP
      SELL           AT SL     STOP
   ELSIF EntryS AND Not ShortOnMarket THEN
      SELLSHORT 1 CONTRACT AT EntryS STOP
      EXITSHORT            AT SL     STOP
   ENDIF
ENDIF
IF LongOnMarket THEN
   SL = max(SL,Wma30)
   SELL AT SL STOP
ELSIF ShortOnMarket THEN
   SL = min(SL,Wma30)
   EXITSHORT AT SL STOP
ENDIF
//-----------------------
// debugging code
Entry = EntryL
IF Entry = 0 THEN
   Entry = EntryS
ENDIF
IF Entry > 0 THEN
   graphonprice Entry
ENDIF
IF SL > 0 THEN
   graphonprice SL coloured(0,128,0,155)
ENDIF
```
I used the more conservative trailing stop based on WMA30, but I also commented out the more aggressive way. You can simply use either by swapping comment slashes (but I think it shouldn’t be rewarding).

I tested it on DAX € 5, 1h TF, 200K units.

Ipsch, Midlanddave and Nicolas thanked this post

x-9.jpg
10/20/2021 at 4:44 PM #180027 quote

phoentzs
Participant

Master

Thank you very much Roberto, the strategy looks good. The way it should work. I think the results are better on Nasdaq or SP500.

Can you please explain the function of lines 18 and 19 to me? In words?

Can you add a take profit? In relation to the SL, 1: 1 or 1: 1.5?

10/20/2021 at 4:56 PM #180029 quote
robertogozzi
Moderator

Legend
That’s to make sure the two averages have some gap in between them. I use GAP (difference) to calculate their distance, then I set variable APART only when that gap is greater than the its average over a given period.

Replace lines 27-37 by these ones (I couldn’t test them, though):
```
IF (Apart AND L1) AND Not Trigger THEN
   EntryL = high  + 1 * PipSize
   EntryS = 0
   //SL   = low   - 1 * PipSize
   SL     = Wma30 - 1 * PipSize
   TP     = abs(EntryL - SL) * 1.5
   SET TARGET PROFIT TP
ELSIF (Apart AND S1) AND Not Trigger THEN
   EntryS = low  - 1 * PipSize
   EntryL = 0
   //SL   = high  + 1 * PipSize
   SL     = Wma30 + 1 * PipSize
   TP     = abs(EntryS - SL) * 1.5
   SET TARGET PROFIT TP
ENDIF
```
replace 1.5 with any multiplier of your choice.
10/20/2021 at 6:32 PM #180035 quote

phoentzs
Participant

Master

Thank you Roberto. I will test it in peace.

08/28/2023 at 4:33 PM #219959 quote

Meta Signals Pro
Participant

Veteran

Hi Phoentz,

Thanks for digging on other sites to get new ideas ^^

did you get a good backtest on this one and on which asset ? Mine are negative before 2021 on NAS H1;

best

08/28/2023 at 5:47 PM #219964 quote

phoentzs
Participant

Master

The strategy is intended intraday… I got it to work quite adequately with changed values in the TF M1 on Nasdaq. It’s been a while. But I had the feeling that it wasn’t stable. But I’m a little smarter now than I was then. It’s possible that I didn’t have much of a clue as to how the system worked.

Meta Signals Pro thanked this post

09/06/2023 at 3:33 PM #220435 quote

Meta Signals Pro
Participant

Veteran

Ah ok I was updating the backtest of Roberto that was in “1 ora”

Coding request for EMA9 / WMA30 strategy

here is the backtest ;

Maybe inverting the conditions can make it a winner 😉

Thanks anyway,

Chris

NASDAQ-1-minute.png
Author

Posts