Cross Over Strategy HELP please

• 02/06/2018 at 6:56 PM #61765
  crolakstrading

  sorry Im keep coming back.. soo after so many attempts i came up with this..

  defparam cumulateorders=false // Conditions to enter long positions i1 = exponentialaverage[9](close) i2 = exponentialaverage[40](close) long = i1 crosses over i2 short = i1 crosses under i2 IF NOT LongOnMarket AND long[5]and summation[4](long) = 0 THEN EntryPrice = highest[5](high) + (5* pipsize) BUY 1 CONTRACTS AT EntryPrice STOP ENDIF // Conditions to exit long positions If LongOnMarket AND short THEN SELL AT MARKET ENDIF // Conditions to enter short positions IF NOT LongOnMarket AND short[5]and summation[4](short) = 0 THEN EntryPrice = lowest[5](low) - (5 * pipsize) SELLSHORT 1 CONTRACTS AT EntryPrice STOP ENDIF // Conditions to exit short positions IF ShortOnMarket AND long THEN EXITSHORT AT MARKET ENDIF

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  defparam cumulateorders=false   // Conditions to enter long positions i1 = exponentialaverage[9](close) i2 = exponentialaverage[40](close) long  = i1 crosses over  i2 short = i1 crosses under i2   IF NOT LongOnMarket AND long[5]and summation[4](long) = 0 THEN EntryPrice = highest[5](high) + (5* pipsize) BUY 1 CONTRACTS AT EntryPrice STOP ENDIF   // Conditions to exit long positions If LongOnMarket AND short THEN SELL AT MARKET ENDIF   // Conditions to enter short positions IF NOT LongOnMarket AND short[5]and summation[4](short) = 0 THEN EntryPrice = lowest[5](low) - (5 * pipsize) SELLSHORT 1 CONTRACTS AT EntryPrice STOP ENDIF   // Conditions to exit short positions IF ShortOnMarket AND long THEN EXITSHORT AT MARKET ENDIF

  which give me the entry as the topline or the bottomline as per the indicator.. but only issue is its only trigger on the 5th candle..  5th bar didn’t get triggered, it doesn’t continue as a stop order? is there a way to sort it out.. please help!

  Thanks

  Ro

   

  

  crolakstrading

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  02/06/2018 at 11:08 PM #61813
  robertogozzi

  In lines 10 and 21 you only check the fifth previous bar, if it’s true the pending order is placed, but the next bar the fifth previous bar will become the sixth previous bar and your condition will obviously be false!

  Since a pending order only lasts one bar…. it’ll never be triggered.

  How many bars do you want the pending order to be kept in place, after the fifth one?

   

  

  robertogozzi

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  02/07/2018 at 12:19 AM #61819
  crolakstrading

  oh ok.. lets say once we get the Entryprice and confirmed then we get a pending order for that price for next 10 bars and probably cancel after 10 bars??

  thanks Roberto.

  

  crolakstrading

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  02/07/2018 at 12:32 PM #61860
  robertogozzi

  Line 21 should read

  IF NOT ShortOnMarket AND short[5]and summation[4](short) = 0 THEN

  1	IF NOT ShortOnMarket AND short[5]and summation[4](short) = 0 THEN

   

  

  robertogozzi

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  02/07/2018 at 12:57 PM #61861
  robertogozzi

  I modified your code to accomodate for counting elapsed bars since the crossing occurrs. I did not test it, give me some feedback.

  defparam cumulateorders = false ONCE MaxBars = 10 ONCE CrossingBar = 0 ONCE CrossUp = 0 ONCE CrossDn = 0 // Conditions to enter long positions i1 = exponentialaverage[9](close) i2 = exponentialaverage[40](close) long = i1 crosses over i2 short = i1 crosses under i2 if long[5] then CrossingBar = BarIndex //save the bar ID when the crossing occurred the previous 5th bar CrossUp = 1 CrossDn = 0 endif if short[5] then CrossingBar = BarIndex //save the bar ID when the crossing occurred the previous 5th bar CrossUp = 0 CrossDn = 1 endif if OnMarket then CrossingBar = 0 //reset it to zero when on market CrossUp = 0 CrossDn = 0 endif IF NOT LongOnMarket AND CrossUp AND ((BarIndex - CrossingBar) <= MaxBars) THEN EntryPrice = highest[5](high) + (5* pipsize) BUY 1 CONTRACTS AT EntryPrice STOP ENDIF // Conditions to exit long positions If LongOnMarket AND short THEN SELL AT MARKET ENDIF // Conditions to enter short positions IF NOT ShortOnMarket AND CrossDn AND ((BarIndex - CrossingBar) <= MaxBars) THEN EntryPrice = lowest[5](low) - (5 * pipsize) SELLSHORT 1 CONTRACTS AT EntryPrice STOP ENDIF // Conditions to exit short positions IF ShortOnMarket AND long THEN EXITSHORT AT MARKET ENDIF

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  defparam cumulateorders = false ONCE MaxBars            = 10 ONCE CrossingBar        = 0 ONCE CrossUp            = 0 ONCE CrossDn            = 0 // Conditions to enter long positions i1    = exponentialaverage[9](close) i2    = exponentialaverage[40](close) long  = i1 crosses over  i2 short = i1 crosses under i2 if long[5] then    CrossingBar = BarIndex                                          //save the bar ID when the crossing occurred the previous 5th bar    CrossUp     = 1    CrossDn     = 0 endif if short[5] then    CrossingBar = BarIndex                                          //save the bar ID when the crossing occurred the previous 5th bar    CrossUp     = 0    CrossDn     = 1 endif if OnMarket then    CrossingBar = 0                                                 //reset it to zero when on market    CrossUp     = 0    CrossDn     = 0 endif IF NOT LongOnMarket AND CrossUp AND ((BarIndex - CrossingBar) <= MaxBars) THEN    EntryPrice = highest[5](high) + (5* pipsize)    BUY 1 CONTRACTS AT EntryPrice STOP ENDIF // Conditions to exit long positions If LongOnMarket AND short THEN    SELL AT MARKET ENDIF // Conditions to enter short positions IF NOT ShortOnMarket AND CrossDn AND ((BarIndex - CrossingBar) <= MaxBars) THEN    EntryPrice = lowest[5](low) - (5 * pipsize)    SELLSHORT 1 CONTRACTS AT EntryPrice STOP ENDIF // Conditions to exit short positions IF ShortOnMarket AND long THEN    EXITSHORT AT MARKET ENDIF

   

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  robertogozzi

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  02/08/2018 at 1:08 AM #61936
  crolakstrading

  hi Roberto.. thanks..

  This is actually given better result.. but some of the entry prices isnt right.. i think its only take the 5th candles high and  5pips above..

  Entry price should be.. once the cross over happen and wait for 5 bars and enter the highest high within that 5 bars and 5 pips above!! lets say cross over and the highest high is the 3rd candle with that 5 bars and it should be 5 pips above on that 3rd candle… indicator works perfectly fine as it say below.. if its long we get the TOPLINE perfectly!!

  CrossOver = fast crosses over slow IF CrossOver THEN BullTrend = 1 BearTrend = 0 SideWays = 0 CrossUnder = 0 //cross = slow[1] DRAWARROWUP(barindex,LOW-5*pointsize) COLOURED(0,255,10) endif IF CrossOver[5] THEN IF summation[4](CrossOver OR CrossUnder) = 0 THEN TopLine = highest[5](high) + (5 * pipsize) DRAWTEXT("---#TopLine#---",barindex-3,TopLine,SansSerif,Bold,10)coloured(0,153,0) ENDIF

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  CrossOver = fast crosses over slow IF CrossOver THEN BullTrend = 1 BearTrend = 0 SideWays = 0 CrossUnder = 0 //cross = slow[1] DRAWARROWUP(barindex,LOW-5*pointsize) COLOURED(0,255,10) endif   IF CrossOver[5] THEN IF summation[4](CrossOver OR CrossUnder) = 0 THEN TopLine = highest[5](high) + (5 * pipsize) DRAWTEXT("---#TopLine#---",barindex-3,TopLine,SansSerif,Bold,10)coloured(0,153,0) ENDIF

   

   

  

  crolakstrading

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  02/08/2018 at 1:27 AM #61940
  robertogozzi

  Try this one, I moved lines 30 and 41 inside a prior IF…ENDIF block.

  defparam cumulateorders = false ONCE MaxBars = 10 ONCE CrossingBar = 0 ONCE CrossUp = 0 ONCE CrossDn = 0 // Conditions to enter long positions i1 = exponentialaverage[9](close) i2 = exponentialaverage[40](close) long = i1 crosses over i2 short = i1 crosses under i2 if long[5] then CrossingBar = BarIndex //save the bar ID when the crossing occurred the previous 5th bar CrossUp = 1 CrossDn = 0 EntryPrice = highest[5](high) + (5* pipsize) endif if short[5] then CrossingBar = BarIndex //save the bar ID when the crossing occurred the previous 5th bar CrossUp = 0 CrossDn = 1 EntryPrice = lowest[5](low) - (5 * pipsize) endif if OnMarket then CrossingBar = 0 //reset it to zero when on market CrossUp = 0 CrossDn = 0 endif IF NOT LongOnMarket AND CrossUp AND ((BarIndex - CrossingBar) <= MaxBars) THEN BUY 1 CONTRACTS AT EntryPrice STOP ENDIF // Conditions to exit long positions If LongOnMarket AND short THEN SELL AT MARKET ENDIF // Conditions to enter short positions IF NOT ShortOnMarket AND CrossDn AND ((BarIndex - CrossingBar) <= MaxBars) THEN SELLSHORT 1 CONTRACTS AT EntryPrice STOP ENDIF // Conditions to exit short positions IF ShortOnMarket AND long THEN EXITSHORT AT MARKET ENDIF

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  defparam cumulateorders = false ONCE MaxBars            = 10 ONCE CrossingBar        = 0 ONCE CrossUp            = 0 ONCE CrossDn            = 0 // Conditions to enter long positions i1    = exponentialaverage[9](close) i2    = exponentialaverage[40](close) long  = i1 crosses over  i2 short = i1 crosses under i2 if long[5] then    CrossingBar = BarIndex                                          //save the bar ID when the crossing occurred the previous 5th bar    CrossUp     = 1    CrossDn     = 0    EntryPrice  = highest[5](high) + (5* pipsize) endif if short[5] then    CrossingBar = BarIndex                                          //save the bar ID when the crossing occurred the previous 5th bar    CrossUp     = 0    CrossDn     = 1    EntryPrice  = lowest[5](low) - (5 * pipsize) endif if OnMarket then    CrossingBar = 0                                                 //reset it to zero when on market    CrossUp     = 0    CrossDn     = 0 endif IF NOT LongOnMarket AND CrossUp AND ((BarIndex - CrossingBar) <= MaxBars) THEN    BUY 1 CONTRACTS AT EntryPrice STOP ENDIF // Conditions to exit long positions If LongOnMarket AND short THEN    SELL AT MARKET ENDIF // Conditions to enter short positions IF NOT ShortOnMarket AND CrossDn AND ((BarIndex - CrossingBar) <= MaxBars) THEN    SELLSHORT 1 CONTRACTS AT EntryPrice STOP ENDIF // Conditions to exit short positions IF ShortOnMarket AND long THEN    EXITSHORT AT MARKET ENDIF

   

  

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  02/12/2018 at 5:04 PM #62450
  crolakstrading

  Thanks very much Roberto.. i think this is pretty much gives the right entry.. i will test this and let you know!!!!

   

  

  crolakstrading

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