HELP for enter a long position if its under the average

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

    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

     

    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.

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

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

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

    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

    Or have I missed the point?? 🙂

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

    I second Grahal in this one. 😉

    GraHal thanked this post
    07/13/2017 at 1:41 PM #40568 quote
    Raggadown
    Participant
    New

    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

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

    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??

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HELP for enter a long position if its under the average


ProOrder: Automated Strategies & Backtesting

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Raggadown @raggadown Participant
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This topic contains 5 replies,
has 4 voices, and was last updated by GraHal
8 years, 8 months ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 07/08/2017
Status: Active
Attachments: No files
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