Ok Nicolas i,ve just written some code using 2 Exponential moving averages (3/16) but the back test confirm what i am trying to eliminate when the instrument i am trading goes sideways it all goes to shit…. how can i eliminate sideways trading and just capture the majors up and down trends? I have attached a backtest. This is the code

cheers

Jay

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

// Conditions to enter long positions
indicator1 = ExponentialAverage[16](close)
indicator2 = ExponentialAverage[3](close)
c1 = (indicator1 CROSSES UNDER indicator2)

IF c1 THEN
BUY 1 CONTRACT AT MARKET
ENDIF

// Conditions to exit long positions
indicator3 = ExponentialAverage[16](close)
indicator4 = ExponentialAverage[3](close)
c2 = (indicator3 CROSSES OVER indicator4)

IF c2 THEN
SELL  AT MARKET
ENDIF

// Conditions to enter short positions
indicator5 = ExponentialAverage[16](close)
indicator6 = ExponentialAverage[3](close)
c3 = (indicator5 CROSSES OVER indicator6)

IF c3 THEN
SELLSHORT 1 CONTRACT AT MARKET
ENDIF

// Conditions to exit short positions
indicator7 = ExponentialAverage[16](close)
indicator8 = ExponentialAverage[16](close)
c4 = (indicator7 CROSSES UNDER indicator8)

IF c4 THEN
EXITSHORT  AT MARKET
ENDIF

// Stops and targets
SET STOP %TRAILING 5