ma 50 distance

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08/08/2023 at 3:07 PM #218737 quote

kvacksa87
Participant

New

Hello i want help with automatic trade

distance to ma50 in 3 minute graph. buy when price is 50 pips from ma50 and sell when it touches ma50 both long and short

08/09/2023 at 11:13 AM #218800 quote
robertogozzi
Moderator

Master
There you go:
```
ma50 = average[50,0](close)
IF Not OnMarket THEN
   IF close <= (ma50 - 50*PipSize) THEN
      BUY 1 Contract at Market
   ELSIF close >= (ma50 + 50*PipSize) THEN
      SELLSHORT 1 Contract at Market
   ENDIF
ENDIF
IF LongOnMarket THEN
   IF high >= ma50 THEN
      SELL at Market
   ENDIF
ELSIF ShortOnMarket THEN
   IF low <= ma50 THEN
      EXITSHORT at Market
   ENDIF
ENDIF
graphonprice ma50 - 50*PipSize AS "Long trigger"  coloured("Green")
graphonprice ma50 + 50*PipSize AS "Short trigger" coloured("Red")
```
you may either comment out or remove the last two lines if you don’t need them.

kvacksa87 thanked this post
08/13/2023 at 8:10 PM #219003 quote

kvacksa87
Participant

New

Thank you so mutch. I thought the last 2 lines were very good and useful. so I have a question for you if you can code so I take inputs on them instead? buy when the lowest price of the bar crosses below the green line and short when it crosses up the red

08/19/2023 at 3:24 PM #219343 quote

robertogozzi
Moderator

Master

What is the green line, how is it formed?
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ma 50 distance

ProBuilder: Indicators & Custom Tools

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kvacksa87 @kvacksa87 Participant

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This topic contains 3 replies,
has 2 voices, and was last updated by robertogozzi
2 years, 5 months ago.

Topic Details

Forum:	ProBuilder: Indicators & Custom Tools
Language:	English
Started:	08/08/2023
Status:	Active
Attachments:	1 files

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