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

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    JakeDBJakeDB
    Participant
    Junior

    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!

    #14893 quote
    WingWing
    Participant
    Veteran

    Yes, example:

    If close>exponentialaverage[15]+20 then
    sellshort 1 lot at market
    endif
    #14896 quote
    JakeDBJakeDB
    Participant
    Junior

    Thanks Wing!

    I really appreciate it!

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


Community Welcome & Introductions

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JakeDB @jakebelsar Participant
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This topic contains 2 replies,
has 2 voices, and was last updated by JakeDBJakeDB
9 years, 11 months ago.

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Forum: Community Welcome & Introductions
Language: English
Started: 10/14/2016
Status: Active
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