Moving Averages to prevent unnecessary trades opening

• 11/21/2021 at 2:24 PM #181986
  SpreadBetMH

  Hi There,

  I have been looking for code, I have been trying to code a 2 Moving Average as part of my trading system.

  50 Period Moving Average

  200 Period Moving Average

  when the 50 MA has crossed over on top of the 200 MA, then my trading system will only take  buy/long Trades

  and when the 200MA has crossed over on top of the 50, then the trading system will only take Sell/Short Trades

  I am trying to eliminate, the trading system from going against the trend and only taking Buy/Long trades when the market is on the up and Short/Sell trades when the Market is moving down.

  I would like to attach this code into an existing trading system.

   

   

  

  SpreadBetMH

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  11/21/2021 at 3:49 PM #181989
  robertogozzi

  There you go;

  Sma50 = average[50,0](close) Sma200 = average[200,0](close) UPtrend = Sma50 > Sma200 DOWNtrend = Sma50 < Sma200 If MyLongConditions and UPtrend Then Buy at Market ElsIf MyShortConditions and DOWNtrend Then SellShort at Market Endif

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  Sma50  = average[50,0](close) Sma200 = average[200,0](close) UPtrend   = Sma50 > Sma200 DOWNtrend = Sma50 < Sma200 If MyLongConditions and UPtrend Then    Buy at Market ElsIf MyShortConditions and DOWNtrend Then    SellShort at Market Endif

   

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  SpreadBetMH

  

  robertogozzi

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  11/21/2021 at 7:29 PM #181992
  SpreadBetMH

  Thank you

  Roberto

  

  SpreadBetMH

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  11/21/2021 at 8:00 PM #181997
  SpreadBetMH

  Hello again,

  So when I implement the code I get this message coming up:

  The Following variable is undefined: MyLongConditions, MyShortConditions

   

  Thanks again

  

  SpreadBetMH

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  11/21/2021 at 8:04 PM #181998
  nonetheless

  MyLongConditions and MyShortConditions will be the existing conditions from the system you are adding this to.

  

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  11/21/2021 at 8:06 PM #181999
  SpreadBetMH

  //EURUSD 1 Hour //Buy when RSI crosses over Bollinger Down then Buy 1 A = RSI[13](Close) B = BollingerDown[25](Close) C = BollingerUp[25](Close) IF A < 3 AND Close < B THEN BUY 1 SHARE AT MARKET ENDIF //When RSI crosses over close out trade Sma50 = average[50,0](close) Sma200 = average[200,0](close) UPtrend = Sma50 > Sma200 DOWNtrend = Sma50 < Sma200 If MyLongConditions and UPtrend Then Buy at Market ElsIf MyShortConditions and DOWNtrend Then SellShort at Market Endif IF A > 75 AND Close > C THEN SELL AT MARKET ENDIF

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  //EURUSD 1 Hour //Buy when RSI crosses over Bollinger Down then Buy 1 A = RSI[13](Close) B = BollingerDown[25](Close) C = BollingerUp[25](Close) IF A < 3 AND Close < B THEN BUY 1 SHARE AT MARKET ENDIF //When RSI crosses over  close out trade Sma50  = average[50,0](close) Sma200 = average[200,0](close) UPtrend   = Sma50 > Sma200 DOWNtrend = Sma50 < Sma200 If MyLongConditions and UPtrend Then Buy at Market ElsIf MyShortConditions and DOWNtrend Then SellShort at Market Endif   IF A > 75 AND Close > C THEN SELL AT MARKET ENDIF

   

  

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  11/21/2021 at 8:09 PM #182000
  nonetheless

  //EURUSD 1 Hour //Buy when RSI crosses over Bollinger Down then Buy 1 A = RSI[13](Close) B = BollingerDown[25](Close) C = BollingerUp[25](Close) //When RSI crosses over close out trade Sma50 = average[50,0](close) Sma200 = average[200,0](close) UPtrend = Sma50 > Sma200 DOWNtrend = Sma50 < Sma200 IF A < 3 AND Close < B and UPtrend Then Buy 1 contract at Market ElsIf A > 75 AND Close > C and DOWNtrend Then SellShort 1 contract at Market Endif

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17

  //EURUSD 1 Hour //Buy when RSI crosses over Bollinger Down then Buy 1 A = RSI[13](Close) B = BollingerDown[25](Close) C = BollingerUp[25](Close)   //When RSI crosses over  close out trade Sma50  = average[50,0](close) Sma200 = average[200,0](close) UPtrend   = Sma50 > Sma200 DOWNtrend = Sma50 < Sma200 IF A < 3 AND Close < B and UPtrend Then Buy 1 contract at Market   ElsIf A > 75 AND Close > C and DOWNtrend Then SellShort 1 contract at Market Endif

   

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  robertogozzi, SpreadBetMH

  

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