How to code a change of the "ribbon"

• 05/08/2019 at 2:13 PM #97962
  AlgoAlex

  Given a number of moving averages with different periods, I would like to code the first moment when they are arranged by order, for example:

  ma1=Average[1] ma2=Average[2] ma3=Average[3] ma4=Average[4] ma1>ma2>ma3>ma4

  1 2 3 4 5 6

  ma1=Average[1] ma2=Average[2] ma3=Average[3] ma4=Average[4]   ma1>ma2>ma3>ma4

  and that only candle to use as an entry signal.

  Hope I have been clear.

   

  Thanks anybody

   

  Alex

  

  AlgoAlex

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  05/08/2019 at 2:25 PM #97964
  robertogozzi

  ma1=Average[1] ma2=Average[2] ma3=Average[3] ma4=Average[4] x = ma1 > ma2 AND ma2 > ma3 AND ma3 > ma4 return x

  1 2 3 4 5 6

  ma1=Average[1] ma2=Average[2] ma3=Average[3] ma4=Average[4] x = ma1 > ma2 AND ma2 > ma3 AND ma3 > ma4 return x

  So.

  • x > x[1]    will tell you the first bar when they are in order
  • x < x[1]    will tell you the first bar when they are no more in order
  • x <> x[1] will tell you whenever there’s been a change from order to disorder and viceversa

   

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  AlgoAlex

  

  robertogozzi

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  05/08/2019 at 2:53 PM #97967
  AlgoAlex

  robertogozzi wrote:

  ma1=Average[1]<br /> ma2=Average[2]<br /> ma3=Average[3]<br /> ma4=Average[4]<br /> x = ma1 > ma2 AND ma2 > ma3 AND ma3 > ma4<br /> return x

  1 2 3 4 5 6

  ma1=Average[1] ma2=Average[2] ma3=Average[3] ma4=Average[4] x = ma1 > ma2 AND ma2 > ma3 AND ma3 > ma4 return x

  So.

  • x > x[1] will tell you the first bar when they are in order
  • x < x[1] will tell you the first bar when they are no more in order
  • x <> x[1] will tell you whenever there’s been a change from order to disorder and viceversa

  So, if I would code an entry, it would be like:

  slope=x-x[1] if slope crosses over 0 then buy at market

  1 2 3 4

  slope=x-x[1]   if slope crosses over 0 then buy at market

  Am I right?

  

  AlgoAlex

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  05/08/2019 at 4:27 PM #97982
  robertogozzi

  Yes, sure.

  You may also add GRAPH to your code to watch desired values as they change candle after candle.

  

  robertogozzi

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