How to convert the indicator into a buy-sell system

• 01/02/2021 at 10:34 AM #155909
  Tony40

  https://www.prorealcode.com/prorealtime-indicators/moving-average-angle-stochastic/

   

  The system buys long when it gives the first buy signal (green).

  The system closes long when it gives the first close signal (red).

   

  Thank!!!

  

  Tony40

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  01/02/2021 at 12:00 PM #155940
  nonetheless

  You could start with something like this:

  //Calculate angle of MA MAPeriod = 40 SamplePeriod = 5 AngleThreshold = 45 MA = average[MAPeriod](close) MAAngle = (sin(atan((MA-MA[1])/MA[1]*100)))*1000//R2[MAPeriod](close)*100 AverageAngle = Average[SamplePeriod](MAAngle) AverageAngle2 = Average[round(SamplePeriod/2)](MAAngle) If AverageAngle > AngleThreshold Then buy 1 contract at market endif If AverageAngle < (AngleThreshold*-1) Then sellshort 1 contract at market EndIf

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  //Calculate angle of MA MAPeriod = 40 SamplePeriod = 5 AngleThreshold = 45 MA = average[MAPeriod](close) MAAngle = (sin(atan((MA-MA[1])/MA[1]*100)))*1000//R2[MAPeriod](close)*100 AverageAngle = Average[SamplePeriod](MAAngle) AverageAngle2 = Average[round(SamplePeriod/2)](MAAngle) If AverageAngle > AngleThreshold Then buy 1 contract at market endif If AverageAngle < (AngleThreshold*-1) Then sellshort 1 contract at market EndIf

   

  

  nonetheless

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  01/02/2021 at 12:18 PM #155942
  Tony40

  It is not the Nonethless idea.

  The system is long only.

  And you should only buy a position when the indicator is green.

  And sell the position when the indicator is red.

  I put some black bars on the graph.

  The first is where you should buy the long, when the indicator turns green.

  Then he would give another signal to buy long, but since he has already bought the previous signal, he skips it.

  Finally close the long when the indicator turns red, at the second black bar.

  

  Tony40

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  01/02/2021 at 12:35 PM #155945
  nonetheless

  not tested:

  MAPeriod = 40 SamplePeriod = 5 AngleThreshold = 45 MA = average[MAPeriod](close) MAAngle = (sin(atan((MA-MA[1])/MA[1]*100)))*1000//R2[MAPeriod](close)*100 AverageAngle = Average[SamplePeriod](MAAngle) AverageAngle2 = Average[round(SamplePeriod/2)](MAAngle) If notonmarket and AverageAngle > AngleThreshold Then buy 1 contract at market endif If AverageAngle < (AngleThreshold*-1) Then sell at market EndIf

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  MAPeriod = 40 SamplePeriod = 5 AngleThreshold = 45 MA = average[MAPeriod](close) MAAngle = (sin(atan((MA-MA[1])/MA[1]*100)))*1000//R2[MAPeriod](close)*100 AverageAngle = Average[SamplePeriod](MAAngle) AverageAngle2 = Average[round(SamplePeriod/2)](MAAngle) If notonmarket and AverageAngle > AngleThreshold Then buy 1 contract at market endif If AverageAngle < (AngleThreshold*-1) Then sell at market EndIf

   

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  Nicolas

  

  nonetheless

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  01/02/2021 at 1:02 PM #155954
  Tony40

  Perfect!!!

  

  Tony40

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  01/02/2021 at 4:57 PM #155993
  Monobrow

  Tony40 wrote:

  Perfect!!!

  Now all you need to do is pick the colour of your Ferrari 😬

   

  P.S make sure you press Thanks for his time 👍

  

  Monobrow

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