find high of candle after crossing moving average

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02/07/2022 at 4:05 AM #187707 quote
Mishap
Participant

Junior
Hi,

I know this sounds simple but what i am trying to achieve is to get the high of the first candle that crosses a moving average while monitoring price doesn’t go below a second moving average.

essentially i want to create a stop order at high of candle crossing moving average but cancels if price goes below second moving average.

snippet below of what i tried. not sure im on the right path though.

thanks for any help in advance
```
if low crosses under EMA1 then
 entry = high
signal = 1
endif
 
if signal = 1 and close>EMA2 then
BUY 1 Contracts at signal STOP
endif
```
02/07/2022 at 5:11 AM #187709 quote
Mishap
Participant

Junior
apologies second if should read as below
```
if signal = 1 and close>EMA2 then
BUY 1 Contracts at entry STOP
endif
```
02/07/2022 at 1:02 PM #187772 quote
robertogozzi
Moderator

Master
That’s correct.

I suggest to add these lines BEFORE your above lines:
```
IF OnMarket THEN
   Signal = 0
ENDIF
```
Mishap thanked this post
02/07/2022 at 11:17 PM #187848 quote

Mishap
Participant

Junior

thanks roberto 🙂
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find high of candle after crossing moving average

ProOrder: Automated Strategies & Backtesting

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Mishap @mishap Participant

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This topic contains 3 replies,
has 2 voices, and was last updated by Mishap
4 years ago.

Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	02/07/2022
Status:	Active
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