Hey Nicolas,

Thanks for responding.

I’m currently not running it as an automated system until I can work out how to exit trades based on a decreasing/increasing value on MACD. That being said, I’m just trading the idea manually, however, below is a very basic system which would be the basis of where I’ll start creating my system from.

// Definition of code parameters
DEFPARAM CumulateOrders = False // Cumulating positions deactivated

// Conditions to enter long positions
indicator1, ignored = CALL "ZeroLag MACD"[8, 16, 6]
c1 = (indicator1 >= 0)

IF c1 THEN
BUY 2 CONTRACT AT MARKET
ENDIF

// Stops and targets

indicator2, ignored = CALL "ZeroLag MACD"[8, 16, 6]
c2 = (indicator2 <= 0)

IF c2 THEN
SELL 2 CONTRACT AT MARKET
ENDIF

// Conditions to enter short positions
indicator3, ignored = CALL "ZeroLag MACD"[8, 16, 6]
c3 = (indicator3 <= 0)

IF c3 THEN
SELLSHORT 2 CONTRACT AT MARKET
ENDIF

// Stops and targets

indicator4, ignored = CALL "ZeroLag MACD"[8, 16, 6]
c4 = (indicator4 >= 0)

IF c4 THEN
EXITSHORT 2 CONTRACT AT MARKET
ENDIF

Other things that I’ll be adding to this system will be:

1. Only place LONG or SHORT trades based on MA Crossover; SMA46 cross TMA94; LONG when SMA46 above TMA94, SHORT when SMA46 below TMA94. You can see this in my screenshot. BLUE = SMA46 / TEAL = TMA94 / RED = TMA19 (this is used for other reasons).
2. Look into incorporating the awesome GRID system that Nicolas helped develop from cfta’s idea.

The time frame I used for the 2nd screenshot is 14:00 GMT+8 (AWST) to Real Time.

My biggest reason for exploring this request is to determine whether it is possible or not to close based on when MACD changes from incline to decline (and vice versa). Just some more knowledge to add to when thinking of new ideas for systems. Also, I’m starting to really like the ZeroLag MACD indicator that Nicolas created. It helps to reduce MACD fakeouts, which has led to me pursuing this idea on closing trades based on the ZeroLag MACD indicator.

If you need anything else, shoot me a message. I’m very active on the computer so can respond quite quickly.

Thanks!

PRT-MACD-Entry-Exit-2.png