HELP for enter a long position if its under the average

Raggadown · 2017-07-08T10:43:02+00:00

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.

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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

Legend

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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