Crossing moving avereges

Viewing 3 posts - 1 through 3 (of 3 total)

Author

Posts
09/11/2023 at 7:39 AM #220674 quote
Bryggare
Participant

Average
Hi! I wonder if you could help me with the code for en indicator.

I would like an indicator that meets the following conditions

1 . An 8 day exponential moving average crossing a 30 day exponential moving average
1. The condition in point one shall be compared with the same condition last time it happened back in time.
If you compare the current crossing of the average, with the crossing of the average the time before, then the current close on price must be at least 0.5% higher.

If so, the indicator should show a 1, otherwise a 0

Would be thankful for help
09/11/2023 at 8:03 AM #220675 quote
JC_Bywan
Moderator

Master
Hi,
```
ema8=ExponentialAverage[8](close)
ema30=ExponentialAverage[30](close)
signal=0
if ema8 crosses over ema30 then
prevcross=latestcross
latestcross=close
signal= latestcross/prevcross>=1.005
endif

return signal
```
09/11/2023 at 9:39 AM #220681 quote

Bryggare
Participant

Average

Woow, that was fast done. It seems to work perfect. thank you very much for the help.
Author

Posts

Viewing 3 posts - 1 through 3 (of 3 total)

You must be logged in to reply to this topic.

Login your account

New

Stuck on this ProBuilder code?

Describe what this topic is trying to build, in plain English, and ProRealAI writes the ProRealTime™ indicator, screener or system for you.

Available in 7 languages

Crossing moving avereges

ProBuilder: Indicators & Custom Tools

New Reply

Author

Bryggare @bryggare Participant

Summary

This topic contains 2 replies,
has 2 voices, and was last updated by Bryggare
3 years ago.

Topic Details

Forum:	ProBuilder: Indicators & Custom Tools
Language:	English
Started:	09/11/2023
Status:	Active
Attachments:	No files

Loading...