Hi,
Complete newbie here so sorry if this is a silly question. I have looked in the forum but can not find a way to code it. I am trying to do the following:
Buy conditions:
ma5 crosses over ma15 AND DI+ > DI- then buy at *crossover price plus 15 points* at 5 per point
Sell conditions:
ma5 crosses under ma15 AND DI- > DI+ then buy at *crossover price minus 15 points* at 5 per point
I am struggling to work out the part in asterixes! So for example if ma5 crosses over ma15 at 12000 then providing the DI+ > DI-, I want to enter the trade at a price of 12015, hope that makes sense! Any help much appreciated!
// Definition of code parameters
DEFPARAM CumulateOrders = False // Cumulating positions deactivated
// The system will cancel all pending orders and close all positions at 0:00. No new ones will be allowed until after the "FLATBEFORE" time.
DEFPARAM FLATBEFORE = 134000
// Cancel all pending orders and close all positions at the "FLATAFTER" time
DEFPARAM FLATAFTER = 180000
// Prevents the system from creating new orders to enter the market or increase position size before the specified time
noEntryBeforeTime = 134000
timeEnterBefore = time >= noEntryBeforeTime
// Prevents the system from placing new orders to enter the market or increase position size after the specified time
noEntryAfterTime = 170000
timeEnterAfter = time < noEntryAfterTime
// Prevents the system from placing new orders on specified days of the week
daysForbiddenEntry = OpenDayOfWeek = 6 OR OpenDayOfWeek = 0
// Conditions to enter long positions
indicator1 = ExponentialAverage[5](close)
indicator2 = ExponentialAverage[15](close)
c1 = (indicator1 CROSSES OVER indicator2)
indicator3 = DIplus[14](close)
indicator4 = DIminus[14](close)
c2 = (indicator3 >= indicator4)
IF (c1 AND c2) AND timeEnterBefore AND timeEnterAfter AND not daysForbiddenEntry THEN
BUY 5 PERPOINT AT MARKET
ENDIF
// Conditions to exit long positions
indicator5 = ExponentialAverage[5](close)
indicator6 = ExponentialAverage[15](close)
c3 = (indicator5 CROSSES UNDER indicator6)
indicator7 = ExponentialAverage[15](close)
c4 = (close <= indicator7)
IF c3 OR c4 THEN
SELL AT MARKET
ENDIF
// Conditions to enter short positions
indicator8 = ExponentialAverage[5](close)
indicator9 = ExponentialAverage[15](close)
c5 = (indicator8 CROSSES UNDER indicator9)
indicator10 = DIminus[14](close)
indicator11 = DIplus[14](close)
c6 = (indicator10 >= indicator11)
IF (c5 AND c6) AND timeEnterBefore AND timeEnterAfter AND not daysForbiddenEntry THEN
SELLSHORT 5 PERPOINT AT MARKET
ENDIF
// Conditions to exit short positions
indicator12 = ExponentialAverage[5](close)
indicator13 = ExponentialAverage[15](close)
c7 = (indicator12 CROSSES OVER indicator13)
indicator14 = ExponentialAverage[15](close)
c8 = (close >= indicator14)
IF c7 OR c8 THEN
EXITSHORT AT MARKET
ENDIF
// Stops and targets
SET STOP pLOSS 10
In this case you should use pending stop orders. But since they expire automatically on each new bar open and because we need to renew them continuously, how much long do you want them to “exist”?
Hi Nicholas,
Thanks for your help, deally they would exist until the ma’s crossover again and at that point would cancel the opposing trade and take the new trade (if it has passed the 15points from crossover price). Hope that makes sense!
here is the code:
// Definition of code parameters
DEFPARAM CumulateOrders = False // Cumulating positions deactivated
// The system will cancel all pending orders and close all positions at 0:00. No new ones will be allowed until after the "FLATBEFORE" time.
DEFPARAM FLATBEFORE = 134000
// Cancel all pending orders and close all positions at the "FLATAFTER" time
DEFPARAM FLATAFTER = 180000
// Prevents the system from creating new orders to enter the market or increase position size before the specified time
noEntryBeforeTime = 134000
timeEnterBefore = time >= noEntryBeforeTime
// Prevents the system from placing new orders to enter the market or increase position size after the specified time
noEntryAfterTime = 170000
timeEnterAfter = time < noEntryAfterTime
// Prevents the system from placing new orders on specified days of the week
daysForbiddenEntry = OpenDayOfWeek = 6 OR OpenDayOfWeek = 0
// Conditions to enter long positions
indicator1 = ExponentialAverage[5](close)
indicator2 = ExponentialAverage[15](close)
c1 = (indicator1 CROSSES OVER indicator2)
indicator3 = DIplus[14](close)
indicator4 = DIminus[14](close)
c2 = (indicator3 >= indicator4)
IF (c1 AND c2) AND timeEnterBefore AND timeEnterAfter AND not daysForbiddenEntry THEN
dir = 1
level = close+15*pointsize
ENDIF
if dir=1 then
buy 5 perpoint at level stop
endif
// Conditions to exit long positions
indicator5 = ExponentialAverage[5](close)
indicator6 = ExponentialAverage[15](close)
c3 = (indicator5 CROSSES UNDER indicator6)
indicator7 = ExponentialAverage[15](close)
c4 = (close <= indicator7)
IF c3 OR c4 THEN
SELL AT MARKET
ENDIF
// Conditions to enter short positions
indicator8 = ExponentialAverage[5](close)
indicator9 = ExponentialAverage[15](close)
c5 = (indicator8 CROSSES UNDER indicator9)
indicator10 = DIminus[14](close)
indicator11 = DIplus[14](close)
c6 = (indicator10 >= indicator11)
IF (c5 AND c6) AND timeEnterBefore AND timeEnterAfter AND not daysForbiddenEntry THEN
dir = -1
level = close-15*pointsize
ENDIF
if dir=-1 then
sellshort 5 perpoint at level stop
endif
// Conditions to exit short positions
indicator12 = ExponentialAverage[5](close)
indicator13 = ExponentialAverage[15](close)
c7 = (indicator12 CROSSES OVER indicator13)
indicator14 = ExponentialAverage[15](close)
c8 = (close >= indicator14)
IF c7 OR c8 THEN
EXITSHORT AT MARKET
ENDIF
// Stops and targets
SET STOP pLOSS 10
Fantastic, thanks Nicholas, I am not at screen at moment but will try it tomorrow. Thanks again!
