MA cross, buy trigger

• 04/08/2016 at 5:33 AM #5053
  Real Pro

  Salut,

  Say I have an MA plotted on the price chart, and the price is currently sitting under the MA.

  I want to buy when the MA is touched, but I don’t want to buy at next open… I want to buy at the price of the MA on that same bar.  Is this possible to code please?

  Many thanks.

  

  Real Pro

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  04/08/2016 at 9:05 AM #5060
  Adolfo

  Hi, not exactly because the system always wait until the current bar is finished to open a new position.

  But you can still open a position in the next candle at the same price where the last bar was touched with a LIMIT order.

  REM Moving Average mm = Average[x](close) // x = periods of ma // buy = your conditions to go in IF NOT LongOnMarket AND buy = 1 THEN BUY 1 CONTRACT AT mm[1] LIMIT ENDIF

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  REM Moving Average mm = Average[x](close) // x = periods of ma   // buy = your conditions to go in   IF NOT LongOnMarket AND buy = 1 THEN BUY 1 CONTRACT AT mm[1] LIMIT ENDIF

  Hope it helps you.

   

  

  Adolfo

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  04/08/2016 at 9:29 AM #5071
  Nicolas

  Hello, if the price is “currently sitting under the MA”, the pending order would be a STOP one and not a LIMIT one, or I miss something here.. sorry got a cold.. 😐

  Thank you very much Adolfo for helping people around here!!!

  

  Nicolas

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  04/08/2016 at 9:55 AM #5078
  Adolfo

  I’m glad if can help even one person.
  Nicolas, I mean, in my example we are buying when the price comes to touch MA after a long movement, we go with the trend after a pullback.

   

  Greetings!

  

  Adolfo

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  04/08/2016 at 10:10 AM #5079
  Real Pro

  Adolfo, PRT finds an error on this line.  Unfortunately I’m very new to coding this platform…

  IF NOT LongOnMarket AND BUY=1  THEN

  Thank you.

  PS price is touches on a price above the current price, so yes Nicolas that’s right, probably a STOP order.

  

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  04/08/2016 at 10:21 AM #5080
  Adolfo

  Maybe you are not using “BUY=1”. So I should be wrong.

  You want to BUY when the price CROSSES UNDER MA? When the price is rising and touch MA you want to buy, right?

  Can you give more details please?

   

   

  

  Adolfo

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  04/08/2016 at 10:36 AM #5083
  Real Pro

  I want to buy when the price rises to touch the MA (which lies above it), with an entry price == MA on the same day.

  Thank you. 🙂

  

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  04/08/2016 at 10:43 AM #5084
  Adolfo

  Then should be something like this, but it will always buy when it occours.

  REM Moving Average mm = Average[x](close) // x = define MA periods you want to use // Your conditions to buy // You are not in, and price was under MA IF NOT LongOnMarket AND High<mm THEN BUY 1 CONTRACT AT mm STOP ENDIF

  1 2 3 4 5 6 7 8

  REM Moving Average mm = Average[x](close) // x = define MA periods you want to use   // Your conditions to buy // You are not in, and price was under MA IF NOT LongOnMarket AND High<mm THEN BUY 1 CONTRACT AT mm STOP ENDIF

  Let me know if works for you!

   

  

  Adolfo

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  04/08/2016 at 11:15 AM #5088
  Real Pro

  Thank you, it appears to work fine.  I just have to go through the trade list and check.

  🙂

  

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  09/29/2016 at 9:16 PM #13937
  traderollie

  This is something similar to what I need, Where do I put this in my current code?

  

  traderollie

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