EMA cross Reversal
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Hi, I have a trading system that depends on different length EMAs. I would like any tips on how I can make it so after the EMAs cross, when it would normally go short it will go long. I would like it if this only happens once, therefore It’s not going backwards and forwards in future crosses.
I have a picture of the scenario I’m talking about here: https://gyazo.com/7ed5bc84341c790d0fb7834b1d7aecfa
I also would like too know if there is a way through coding, to stop the system from trading when a take profit is hit, so if you have any ideas, any help would be greatly appreciated.
Thanks
Wolf
defparam preloadbars = 15 defparam CUMULATEORDERS = false indicator1 = ExponentialAverage[20](close) indicator2 = ExponentialAverage[100](close) //buy condition cBuy = (high CROSSES OVER indicator1) //sell condition cSell = (indicator2 CROSSES Over indicator1) or (indicator1 Crosses Over Indicator2) set target $profit 500 If cbuy then sellshort 33 perpoint at market endif If csell then exitshort at market endif if csell then buy 33 perpoint at market endif if cbuy then sell at market endif
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Topic Details
| Forum: | ProOrder: Automated Strategies & Backtesting |
| Language: | English |
| Started: | 07/08/2016 |
| Status: | Active |
| Attachments: | No files |
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