Emotionless Trading ? & Enter short when XX points above EMA?

• 10/14/2016 at 10:06 AM #14892
  JakeDB

  HI All,

  I have no coding experience at all, i am an accountant by day but trade a fair bit using MACD, RSI, EMA’s & macro info with IG.

  I am based in Melbourne, Australia & want to be able to take the emotion out of trading & trade predominantly with automated strategies.

  My first stupid questions is……. Can you enter/exit a trade based on closing price of bar being Greater/less than X points away from an EMA?

  What i am wanting is…… If the price/close less Average[20] > XX  enter short.

  Thanks for your time!

   

  

  JakeDB

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  10/14/2016 at 11:00 AM #14893
  Wing

  Yes, example:

  If close>exponentialaverage[15]+20 then sellshort 1 lot at market endif

  1 2 3

  If close>exponentialaverage[15]+20 then sellshort 1 lot at market endif

   

  

  Wing

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  10/14/2016 at 11:14 AM #14896
  JakeDB

  Thanks Wing!

  I really appreciate it!

  

  JakeDB

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