Correct order of moving average

Mishap · Fri, 27 May 2022 01:10:47 +0000

hi guys, hoping i am on the right track and looking for confirmation. essentially i want to ensure moving averages are correct in that they align smallest is higher than second and third is higher than second. basic trend following rules. is the below correct and going to give what i need? enter buy only if trendup = 1 EMA7 = Average[100](close) EMA8 = Average[150](close) EMA9 = Average[250](close) if ema7>ema8 and ema8>ema9 then trendup=1 else trendup=-1 endif

This topic has 1 reply, 2 voices, and was last updated 2 years ago by robertogozzi.

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05/27/2022 at 2:10 AM #193917

Mishap

hi guys,

hoping i am on the right track and looking for confirmation. essentially i want to ensure moving averages are correct in that they align smallest is higher than second and third is higher than second. basic trend following rules. is the below correct and going to give what i need?

enter buy only if trendup = 1

EMA7 = Average[100](close) EMA8 = Average[150](close) EMA9 = Average[250](close) if ema7>ema8 and ema8>ema9 then trendup=1 else trendup=-1 endif

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EMA7 = Average[100](close)
EMA8 = Average[150](close)
EMA9 = Average[250](close)

if ema7>ema8 and ema8>ema9 then
trendup=1
else
trendup=-1
endif

Mishap
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05/27/2022 at 3:10 AM #193918

robertogozzi

Yes, that’s absolutely correct.

robertogozzi
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