HELP for enter a long position if its under the average

• 07/08/2017 at 11:43 AM #40082
  Raggadown

  Hey fellow coding humans,

  Im new to this and have stumbled across a problem i need help with.

  Im trying to simply tell my system that i dont want it to enter a long position if its under the average (110)

  heres and extract from my code:

  mo= average(110) IF not longonmarket and upbox + boxsize crosses over mo or upbox + boxsize > mo THEN buy 10 share at market Elsif barindex crosses under mo or barindex < mo or tradeindex < mo then buy 0 share at market

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  mo= average(110)   IF not longonmarket and upbox + boxsize crosses over mo or upbox + boxsize > mo THEN buy 10 share at market Elsif barindex crosses under mo or barindex < mo or tradeindex < mo then buy 0 share at market

   

  upbox and downbox  are defined params.   I have tried everything to try to stop it from placing LONG positions under the average (110) e.g. ELSIF upbox + downbox<mo THEN etc.

  it is still buying long positions.

  what am i doing wrong?

  many thanks lovely people.

   

  

  Raggadown

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  07/10/2017 at 9:26 AM #40202
  Nicolas

  Please provide the full code of your strategy as I don’t know what values are stored into your upbox+boxsize variables.

   

  

  Nicolas

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  07/10/2017 at 2:13 PM #40256
  GraHal

  Instead of not entering if under MA(110) why not have a condition added to your other Long entry conditions …

  If Condition X AND Condition Y AND Close >= Average(110) Then Buy 1 Contract at Market EnfIF

  1 2 3

  If Condition X AND Condition Y AND Close >= Average(110) Then Buy 1 Contract at Market EnfIF

  Or have I missed the point?? 🙂

   

  

  GraHal

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  07/10/2017 at 2:54 PM #40263
  Despair

  I second Grahal in this one. 😉

  1 user thanked author for this post.

  GraHal

  

  Despair

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  07/13/2017 at 1:41 PM #40568
  Raggadown

  Great many thanks guys. That really helped. Ive sorted it now.

  Just another question about the mechanics of automated trading if i may?

  I have written a multiple moving average crossover strategy for the hourly USD/JPY which returns over 100% a year. If i then apply this to the EUR/GBP it losses money.

  Is this because i have been writing / altering the code to suit the backtesting of  the USD/JPY? And do i need to get the code working well on all pairs before implementing? Or is this normal that these types of strategy suit some pairs more than others?

   

  many thanks

  

  Raggadown

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  07/13/2017 at 10:30 PM #40598
  GraHal

  You asked … is this normal that these types of strategy suit some pairs more than others? … Yes, but usually it’s due to the value of the variables have been optimised for a particular forex pair etc.

  You said … which returns over 100% a year … you sure you have the ‘tick mode box’ enabled as this sounds too good to be true?

  Make sure you run in Demo for weeks / months before you go Live and maybe lose your hard earned money??

   

  

  GraHal

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