currentprice_MA crossover

Viewing 7 posts - 1 through 7 (of 7 total)
  • Author
    Posts
  • 11/09/2018 at 8:26 AM #84457 quote
    rama
    Participant
    Senior
    // Conditions to enter long positions
indicator1 = Average[50](close)
if (close crosses over  indicator1) then
c2=0
endif


if (close crosses under   indicator1) then
c2=0
endif

if close>=indicator1 then
c3= close-indicator1+c2
endif


if close<= indicator1 then
c3= -close+indicator1+c2
endif


return c3
    50_ma.jpg 50_ma.jpg
    11/09/2018 at 8:28 AM #84459 quote
    rama
    Participant
    Senior

    I have written the code, it give some results but not expect

    I expect the max value should be 420

    where as I get 250 which not correct

    max.jpg max.jpg
    11/09/2018 at 9:05 AM #84465 quote
    robertogozzi
    Moderator
    Master

    Lines 3 through 10 are useless, since you never assign C2 any value.

    C3 is the distance between CLOSE and the indicator for that single bar.

    If you want the distance from CLOSE and the crossover then you’ll have to save the value of the indicator, or its BarIndex, when the crossover occurs.

    11/09/2018 at 9:27 AM #84468 quote
    rama
    Participant
    Senior

    I have corrected the code

     

    it works fine

    // Conditions to enter long positions
indicator1 = Average[50](close)
if (close crosses over indicator1) then
c2=indicator1
endif
if close>Average[50](close) then
c3=close-c2[1]
endif

return c3
    11/09/2018 at 10:50 AM #84472 quote
    robertogozzi
    Moderator
    Master

    Line 7 should reference c2 (not c2[1]), because when there is a crossover it would return the value of the previous crossover. From the candle following the crossover on it wouldn’t make any difference (despite it is logically wrong).

    04/17/2020 at 7:51 AM #126468 quote
    rama
    Participant
    Senior

    If I want to add number of bars in the same code what should i do. if I want to trade contrarian say if the value c3>=500 after x number of bars only. I dont want sell in very sharp trend, I want to keep some minimum number of bars

    04/17/2020 at 8:49 AM #126481 quote
    robertogozzi
    Moderator
    Master

    There you go:

    // Conditions to enter long positions
indicator1 = Average[50](close)
if (close crosses over indicator1) then
   c2=indicator1
   MyBar = barindex
endif
if close>Average[50](close) then
   c3=close-c2
endif
if c3 > 500*pipsize And (barindex - MyBar) > 5 then
   MyBar = barindex
   c2=indicator1
Else
   c3 = 0
endif
return c3
  • Author
    Posts
Viewing 7 posts - 1 through 7 (of 7 total)
  • You must be logged in to reply to this topic.

currentprice_MA crossover


ProBuilder: Indicators & Custom Tools

New Reply
Author
author-avatar
rama @rama Participant
Summary

This topic contains 6 replies,
has 2 voices, and was last updated by robertogozzi
5 years, 10 months ago.

Topic Details
Forum: ProBuilder: Indicators & Custom Tools
Language: English
Started: 11/09/2018
Status: Active
Attachments: 2 files
Logo Logo
Loading...
Do you like cookies? 🍪 We use cookies to ensure you get the best experience on our website. (Learn more)
©2026 ProRealCode - Trading & Coding with ProRealTime™