Moving averages clustering

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Author

Posts

07/02/2018 at 4:14 AM #75044 quote

Bullets

Participant

Junior

I posted this previously in the wrong section – see below if anyone can assist?

Does anyone know how to program up a clustering of moving averages.

I.e. I don’t want to take a trade if for example the following moving averages are within X pips together

MA(5)

MA(20)

MA(50)

MA(100)

MA(200)

Any assistance would be appreciated.

Thanks

07/02/2018 at 7:54 AM #75053 quote

Vonasi

Moderator

Master

I have deleted your identical post in the Platform Support forum.

07/02/2018 at 8:50 AM #75056 quote

robertogozzi

Moderator

Legend

Not tested

x     = 10 * pipsize           //10-pip range
ma5   = average[5,0](close)
ma20  = average[20,0](close)
ma50  = average[50,0](close)
ma100 = average[100,0](close)
ma200 = average[200,0](close)
MaxMA = max(ma5,max(ma20,max(ma50,max(ma100,ma200))))
MinMA = min(ma5,min(ma20,min(ma50,min(ma100,ma200))))
IF (MaxMA - MinMA) <= x THEN
   //they are within X pips
ENDIF

Nicolas thanked this post

07/02/2018 at 9:47 AM #75065 quote

GraHal

Participant

Legend

Added to here Snippet Link Library

robertogozzi and Andre Vorster thanked this post

07/02/2018 at 11:25 AM #75083 quote

Bullets

Participant

Junior

Awesome, that works perfectly! thank you

11/08/2018 at 6:55 AM #84382 quote

Leo

Participant

Veteran

Hi.

Have someone tried to implement this in a robot?

Like entry if close > maxMA?

Thanks in Advace

11/08/2018 at 9:32 AM #84397 quote

robertogozzi

Moderator

Legend

I never tried, but it can be worth trying.

11/08/2018 at 9:56 AM #84399 quote

robertogozzi

Moderator

Legend

This is some quick code (see attached pic):

DEFPARAM CumulateOrders = false
ONCE Sl         = 0
ONCE Tp         = 0
ONCE Multiplier = 2.0                        //2.0  multiplies SL to set TP
ONCE LookBack   = 2                          //2    candles to set SL to low/high
ONCE PipRange   = 10 * pipsize               //10-pip range
ONCE AvgType    = 6                          //6 = time series
ma5             = average[5,AvgType](close)
ma20            = average[20,AvgType](close)
ma50            = average[50,AvgType](close)
ma100           = average[100,AvgType](close)
ma200           = average[200,AvgType](close)
MaxMA           = max(ma5,max(ma20,max(ma50,max(ma100,ma200))))
MinMA           = min(ma5,min(ma20,min(ma50,min(ma100,ma200))))
IF (MaxMA - MinMA) <= PipRange THEN
   IF close CROSSES OVER MaxMA THEN
      Sl = close - lowest[LookBack](low)
      BUY 1 CONTRACT AT MARKET
   ELSIF close CROSSES UNDER MinMa THEN
      Sl = highest[LookBack](high) - close
      SELLSHORT 1 CONTRACT AT MARKET
   ENDIF
   Tp = Sl * Multiplier
   SET TARGET PROFIT Tp
   SET STOP   LOSS   Sl
ENDIF

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