Moving average cross over on multiple timeframes, 1-3 risk reward

• 08/11/2021 at 12:06 PM #175094
  josward1

  Hello i am new on here and have a moving average strategy i wish to put into an automated trading bot. It marrys up data on multiple timeframes.

  Im a trader rather than programmer so i need help to do this, although i need to understand the programming side so i can play around with parameters.

  The basic structure of the strategy is price to be above or below an SMA on the 4 hour and day timeframe and trade to be taken on a crossoveer of an SMA

  on a 15 min timeframe. with a 1-3 risk reward ratio and a trailing stop loss.

  I also want a condition on there where if the trigger candle is of a certaine (adjustable) size the trade will trigger on a pullback to 50% of this candle body

  Could somebody please advise on how and where to start with this? I am also in the process of reading the manual but unfortunately still cant work out

  where to start and the basic structure of how the programming should go.

  Thanks,

  Joe

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  josward1

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  08/12/2021 at 11:00 AM #175147
  robertogozzi

  There you go:

  DEFPARAM CumulateOrders = false Timeframe(Daily,UpdateOnClose) SmaD = average[100,0](close) // Timeframe(4h,UpdateOnClose) Sma4h = average[100,0](close) // Timeframe(15 Minute,UpdateOnClose) Sma15m = average[100,0](close) // Timeframe(default) L1 = close > SmaD S1 = close < SmaD L2 = close > Sma4h S2 = close < Sma4h L3 = close CROSSES OVER Sma15m S3 = close CROSSES UNDER Sma15m CondL = L1 and L2 and L3 and Not OnMarket CondS = S1 and S2 and S3 and Not OnMarket If CondL THEN BUY 1 Contract AT Market Elsif CondS THEN SELLSHORT 1 Contract AT Market ENDIF set stop pLoss 100 set target pProfit 300

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  DEFPARAM CumulateOrders = false Timeframe(Daily,UpdateOnClose) SmaD   = average[100,0](close) // Timeframe(4h,UpdateOnClose) Sma4h  = average[100,0](close) // Timeframe(15 Minute,UpdateOnClose) Sma15m = average[100,0](close) // Timeframe(default) L1     = close > SmaD S1     = close < SmaD L2     = close > Sma4h S2     = close < Sma4h L3     = close CROSSES OVER  Sma15m S3     = close CROSSES UNDER Sma15m CondL  = L1 and L2 and L3 and Not OnMarket CondS  = S1 and S2 and S3 and Not OnMarket If CondL THEN    BUY 1 Contract AT Market Elsif CondS THEN    SELLSHORT 1 Contract AT Market ENDIF set stop   pLoss   100 set target pProfit 300

   

  

  robertogozzi

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  08/12/2021 at 11:50 AM #175160
  robertogozzi

  I forgot to add the trailing stop:

  DEFPARAM CumulateOrders = false Timeframe(Daily,UpdateOnClose) SmaD = average[100,0](close) // Timeframe(4h,UpdateOnClose) Sma4h = average[100,0](close) // Timeframe(15 Minute,UpdateOnClose) Sma15m = average[100,0](close) // Timeframe(default) L1 = close > SmaD S1 = close < SmaD L2 = close > Sma4h S2 = close < Sma4h L3 = close CROSSES OVER Sma15m S3 = close CROSSES UNDER Sma15m CondL = L1 and L2 and L3 and Not OnMarket CondS = S1 and S2 and S3 and Not OnMarket If CondL THEN BUY 1 Contract AT Market Elsif CondS THEN SELLSHORT 1 Contract AT Market ENDIF set stop pLoss 100 set target pProfit 300 //************************************************************************ //trailing stop function // //by Nicolas //(https://www.prorealcode.com/blog/trading/complete-trailing-stop-code-function/) // trailingstart = 20 //trailing will start @trailinstart points profit trailingstep = 5 //trailing step to move the "stoploss" //reset the stoploss value IF NOT ONMARKET THEN newSL=0 ENDIF //manage long positions IF LONGONMARKET THEN //first move (breakeven) IF newSL=0 AND close-tradeprice(1)>=trailingstart*pipsize THEN newSL = tradeprice(1)+trailingstep*pipsize ENDIF //next moves IF newSL>0 AND close-newSL>=trailingstep*pipsize THEN newSL = newSL+trailingstep*pipsize ENDIF ENDIF //manage short positions IF SHORTONMARKET THEN //first move (breakeven) IF newSL=0 AND tradeprice(1)-close>=trailingstart*pipsize THEN newSL = tradeprice(1)-trailingstep*pipsize ENDIF //next moves IF newSL>0 AND newSL-close>=trailingstep*pipsize THEN newSL = newSL-trailingstep*pipsize ENDIF ENDIF //stop order to exit the positions IF newSL>0 THEN SELL AT newSL STOP EXITSHORT AT newSL STOP ENDIF

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  DEFPARAM CumulateOrders = false Timeframe(Daily,UpdateOnClose) SmaD   = average[100,0](close) // Timeframe(4h,UpdateOnClose) Sma4h  = average[100,0](close) // Timeframe(15 Minute,UpdateOnClose) Sma15m = average[100,0](close) // Timeframe(default) L1     = close > SmaD S1     = close < SmaD L2     = close > Sma4h S2     = close < Sma4h L3     = close CROSSES OVER  Sma15m S3     = close CROSSES UNDER Sma15m CondL  = L1 and L2 and L3 and Not OnMarket CondS  = S1 and S2 and S3 and Not OnMarket If CondL THEN    BUY 1 Contract AT Market Elsif CondS THEN    SELLSHORT 1 Contract AT Market ENDIF set stop   pLoss   100 set target pProfit 300 //************************************************************************ //trailing stop function // //by Nicolas //(https://www.prorealcode.com/blog/trading/complete-trailing-stop-code-function/) // trailingstart = 20  //trailing will start @trailinstart points profit trailingstep  = 5   //trailing step to move the "stoploss" //reset the stoploss value IF NOT ONMARKET THEN newSL=0 ENDIF //manage long positions IF LONGONMARKET THEN //first move (breakeven) IF newSL=0 AND close-tradeprice(1)>=trailingstart*pipsize THEN   newSL = tradeprice(1)+trailingstep*pipsize ENDIF //next moves IF newSL>0 AND close-newSL>=trailingstep*pipsize THEN   newSL = newSL+trailingstep*pipsize ENDIF ENDIF //manage short positions IF SHORTONMARKET THEN //first move (breakeven) IF newSL=0 AND tradeprice(1)-close>=trailingstart*pipsize THEN   newSL = tradeprice(1)-trailingstep*pipsize ENDIF //next moves IF newSL>0 AND newSL-close>=trailingstep*pipsize THEN   newSL = newSL-trailingstep*pipsize ENDIF ENDIF //stop order to exit the positions IF newSL>0 THEN SELL AT newSL STOP EXITSHORT AT newSL STOP ENDIF

   

  

  robertogozzi

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  08/14/2021 at 7:55 PM #175358
  josward1

  Hi thankyou for your quick response. This was the basic idea if my strategy,
  I have taken the basic structure of what you posted to adapt to my full strategy
  but it did not end up working, there are also a few faults with it i have
  tried a few different things to get it working but have typed it out below so you can
  see what i’m going for.

  DEFPARAM CumulateOrders = false
  Timeframe(Daily,UpdateOnClose)
  sma501d = Average[50](close)
  //
  sma901d = Average[90](close)
  //
  sma2001d = Average[200](close)
  //
  Timeframe(4h,UpdateOnClose)
  sma504h = Average[50](close)
  //
  sma904h = Average[90](close)
  //
  sma2004h = Average[200](close)
  //
  Timeframe(15 Minute,UpdateOnClose)
  sma5015m = Average[50](close)
  //
  sma9015m = Average[90](close)
  //
  sma20015m = Average[200]
  //
  ema3415m = ExponentialAverage[33](close)
  //
  ema5515m = ExponentialAverage[55](close)
  //
  Timeframe(default)
  L1 = sma501d > sma901d //I would like to adjust the distances between the moving averages in pips
  S1 = sma501d < sma901d L2 = sma901d > sma2001d
  S2 = sma901d < sma2001d L3 = sma504h > sma904h
  S3 = sma504h < sma904h L4 = sma904h > sma2004h
  S4 = sma904h < sma2004h L5 = sma5015m > sma9015m
  S5 = sma5015m < sma9015m L6 = sma9015m > sma20015m
  S6 = sma9015m < sma20015m L7 = close > sma501d
  S7 = close < sma501d L8 = close > sma901d
  S8 = close < sma901d L9 = close > sma2001d
  S9 = close < sma2001d L10 = close > sma504h
  S10 = close < sma504h L11 = close > sma904h
  S11 = close < sma904h L12 = close > sma2004h
  S12 = close < sma2004h L13 = close > sma9015m
  S13 = close < sma9015m L14 = close > sma20015m
  S14 = close < sma20015m L15 = close CROSSES OVER ema3415m and ema5515m and sma5015m [Crosses over all in same candle] // I need the trigger candle to have met this criteria within the close of candle on default timeframe S15 = close CROSSES UNDER ema3415m and ema5515m and sma5015m [Crosses over all in same candle] // I need the trigger candle to have met this criteria within the close of candle on default timeframe CondL = L1 and L2 and L3 and L4 and L5 and L6 and L7 and L8 and L9 and L10 and L11 and L12 and L13 and L14 and L15 Not CondS = S1 and S2 and S3 and S4 and S5 and S6 and S7 and S8 and S9 and S10 and S11 and S12 and S13 and S14 and S15 Not If CondL and condM THEN BUY 1 Contract AT Market Elsif CondS and CondT THEN SELLSHORT 1 Contract AT Market ENDIF set stop pLoss 10 set target pProfit 30 The strategy goes as follows: 1 day timeframe: 50 sma > 90sma
  90 sma > 200sma
  close > 50sma
  close > 90sma
  close > 200sma

  4 hour timeframe:
  50 sma > 90sma
  90 sma > 200sma
  close > 50sma
  close > 90sma
  close > 200sma

  15 min timeframe

  50 sma > 90sma
  90 sma > 200sma
  close crosses over ema3415m and 5515m and sma5015m (crosses all within same candle on closing basis)

  Buy 1-3 risk reward.

  1 day timeframe:
  50 sma < 90sma 90 sma < 200sma close < 50sma close < 90sma close < 200sma 4 hour timeframe: 50 sma < 90sma 90 sma < 200sma close < 50sma close < 90sma close < 200sma 15 min timeframe 50 sma < 90sma 90 sma < 200sma close crosses under ema3415m and 5515m and sma5015m (crosses all within same candle on closing basis) sell risk reward 1-3 I also need a condition putting on there where that if the signal candle exceeds 15 pips, the bot will only take a trade if the price retraces to 50% of this candle on the next candle only. Thankyou for your help kind regards

  

  josward1

  Participant

  Topics: 6

  Replies: 33

  Been thanked: 3 times
  08/14/2021 at 7:59 PM #175359
  josward1

  I apologize for the messy visual, i am new to this i tried to line this up as you would see it on the coding page
  please let me know if you have any questions regarding it. Thank you

  

  josward1

  Participant

  Topics: 6

  Replies: 33

  Been thanked: 3 times
  08/15/2021 at 2:22 PM #175389
  josward1

  I have attempted to order the programming i have for clearer reading. I hope this works

  DEFPARAM CumulateOrders = false Timeframe(Daily,UpdateOnClose) sma501d = Average[50](close) // sma901d = Average[90](close) // sma2001d = Average[200](close) // Timeframe(4h,UpdateOnClose) sma504h = Average[50](close) // sma904h = Average[90](close) // sma2004h = Average[200](close) // Timeframe(15 Minute,UpdateOnClose) sma5015m = Average[50](close) // sma9015m = Average[90](close) // sma20015m = Average[200] // ema3415m = ExponentialAverage[33](close) // ema5515m = ExponentialAverage[55](close) // Timeframe(default) L1 = sma501d > sma901d //I would like to be able to adjust the S1 = sma501d < sma901d distances between the moving averages in pips L2 = sma901d > sma2001d S2 = sma901d < sma2001d L3 = sma504h > sma904h S3 = sma504h < sma904h L4 = sma904h > sma2004h S4 = sma904h < sma2004h L5 = sma5015m > sma9015m S5 = sma5015m < sma9015m L6 = sma9015m > sma20015m S6 = sma9015m < sma20015m L7 = close > sma501d S7 = close < sma501d L8 = close > sma901d S8 = close < sma901d L9 = close > sma2001d S9 = close < sma2001d L10 = close > sma504h S10 = close < sma504h L11 = close > sma904h S11 = close < sma904h L12 = close > sma2004h S12 = close < sma2004h L13 = close > sma9015m S13 = close < sma9015m L14 = close > sma20015m S14 = close < sma20015m L15 = close CROSSES OVER ema3415m and ema5515m and sma5015m [Crosses over all in same candle on closing basis] // I need the trigger candle to have met this criteria within the close of one candle on default time frame S15 = close CROSSES UNDER ema3415m and ema5515m and sma5015m [Crosses over all in same candle on closing basis] CondL = L1 and L2 and L3 and L4 and L5 and L6 and L7 and L8 and L9 and L10 and L11 and L12 and L13 and L14 and L15 Not OnMarket CondS = S1 and S2 and S3 and S4 and S5 and S6 and S7 and S8 and S9 and S10 and S11 and S12 and S13 and S14 and S15 Not OnMarket If CondL and condM THEN BUY 1 Contract AT Market Elsif CondS and CondT THEN SELLSHORT 1 Contract AT Market ENDIF set stop pLoss 10 set target pProfit 30

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  DEFPARAM CumulateOrders = false Timeframe(Daily,UpdateOnClose) sma501d   = Average[50](close) // sma901d   = Average[90](close) // sma2001d  = Average[200](close) // Timeframe(4h,UpdateOnClose) sma504h  = Average[50](close) // sma904h  = Average[90](close) // sma2004h = Average[200](close) // Timeframe(15 Minute,UpdateOnClose) sma5015m = Average[50](close) // sma9015m = Average[90](close) // sma20015m = Average[200] // ema3415m  = ExponentialAverage[33](close) // ema5515m  = ExponentialAverage[55](close) // Timeframe(default) L1     = sma501d > sma901d           //I would like to be able to adjust the S1     = sma501d < sma901d             distances between the moving averages in pips L2     = sma901d > sma2001d S2     = sma901d < sma2001d L3     = sma504h > sma904h S3     = sma504h < sma904h L4     = sma904h > sma2004h S4     = sma904h <  sma2004h L5     = sma5015m > sma9015m S5     = sma5015m < sma9015m L6     = sma9015m > sma20015m S6     = sma9015m < sma20015m L7     = close > sma501d S7     = close < sma501d L8     = close > sma901d S8     = close < sma901d L9     = close > sma2001d S9     = close < sma2001d L10    = close > sma504h S10    = close < sma504h L11    = close > sma904h S11    = close < sma904h L12    = close > sma2004h S12    = close < sma2004h L13    = close > sma9015m S13    = close < sma9015m L14    = close > sma20015m S14    = close < sma20015m L15    = close CROSSES OVER  ema3415m and ema5515m and sma5015m                  [Crosses over all in same candle on closing basis]   // I need the trigger candle to have met this criteria within the close of one    candle on default time frame S15     = close CROSSES UNDER ema3415m and ema5515m and sma5015m                [Crosses over all in same candle on closing basis] CondL   = L1 and L2 and L3 and L4 and L5 and L6 and L7 and L8 and L9 and L10           and L11 and L12 and L13 and L14 and L15 Not OnMarket CondS  = S1 and S2 and S3 and S4 and S5 and S6 and S7 and S8 and S9 and S10            and S11 and S12 and S13 and S14 and S15 Not OnMarket If CondL and condM THEN BUY 1 Contract AT Market Elsif CondS and CondT THEN SELLSHORT 1 Contract AT Market ENDIF set stop   pLoss   10 set target pProfit 30

  Then the condition  where if the trigger candle exceeds 15 pips (an adjustable value)

  the bot will take a trade if the price pulls back to 50% or more of the next candle Only.

   

  Thank you for your support

   

  

  josward1

  Participant

  Topics: 6

  Replies: 33

  Been thanked: 3 times
  08/15/2021 at 3:42 PM #175394
  josward1

  here is a clear description of the strategy in case above isn’t clear

  1 day timeframe:

  50 sma > 90sma
  90 sma > 200sma
  close > 50sma
  close > 90sma
  close > 200sma

  4 hour timeframe:
  50 sma > 90sma
  90 sma > 200sma
  close > 50sma
  close > 90sma
  close > 200sma

  15 min timeframe

  50 sma > 90sma
  90 sma > 200sma
  close crosses over ema3415m and 5515m and sma5015m (crosses all within same candle on closing basis)

  Buy 1-3 risk reward.

   

  and the opposite for a sell.

   

   

  

  josward1

  Participant

  Topics: 6

  Replies: 33

  Been thanked: 3 times
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