Pips condition above or below EMA to trigger an order

• 10/01/2018 at 12:56 PM #81668
  Wolf Trades

  Hi,

  my expert has 2 EMA: 36 and 12.

  When  12EMA cross over or under 36EMA and price go away from 36 about X=number of pips and then return and touch 12EMA:

  Open long if 12 EMA cross over 36 EMA and price go away X numeber of pips.

  Open short if 12 EMA cross under 36 EMA and price go away X numeber of pips.

  Could you write me how can I code that price have to go away for example 30 pips from EMA 36???

  Thanks

   

  

  Wolf Trades

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  10/02/2018 at 7:28 AM #81727
  Nicolas

  The below code should trigger the orders as per your description.

  defparam cumulateorders=false fast = average[12,1] slow = average[36,1] distance = 30 if (fast>slow and high crosses over level) or (fast<slow and low crosses under level) then trigger = 1 endif if fast crosses over slow then if trigger=1 then buy at market endif level = slow+distance*pointsize trigger = 0 elsif fast crosses under slow then if trigger=1 then sellshort at market endif level = slow-distance*pointsize trigger = 0 endif //graph fast coloured(0,200,0) //graph slow coloured(200,0,0) //graph high //graph low //graph level graph trigger

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  defparam cumulateorders=false   fast = average[12,1] slow = average[36,1] distance = 30   if (fast>slow and high crosses over level) or (fast<slow and low crosses under level) then trigger = 1 endif   if fast crosses over slow then if trigger=1 then buy at market endif level = slow+distance*pointsize trigger = 0 elsif fast crosses under slow then if trigger=1 then sellshort at market endif level = slow-distance*pointsize trigger = 0 endif   //graph fast coloured(0,200,0) //graph slow coloured(200,0,0) //graph high //graph low //graph level graph trigger

   

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  Nicolas

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  10/02/2018 at 3:56 PM #81780
  Wolf Trades

  Grazie Nicolas,

  puoi aiutarmi ancora?

  La condizione dei 30 pips ci deve essere dopo che è avvenuto l’incrocio della 12 con la 36, e questo è ok.

  Ma per aprire un trade short o long il prezzo una volta superato il limite dei 30 pips deve tornare indietro, toccare la ema 36 ed il trade si apre ad apertura candela successiva al tocco.

  

  Wolf Trades

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  10/02/2018 at 4:21 PM #81781
  Nicolas

  Sorry, please write in English.

  

  Nicolas

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  10/02/2018 at 4:30 PM #81783
  Wolf Trades

  Thanks, Nicolas

  can you help me again?

  The condition of the 30 pips must be there after the crossing of 12 with 36 has occurred, and this is ok.

  But to open a trade short or long the price once exceeded the limit of 30 pips must go back, touch ema 36 and the trade opens at the opening candle next to touch.

  

  Wolf Trades

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  10/04/2018 at 9:45 AM #81886
  Nicolas

  I don’t understand since this is what the code does actually. By “touch ema 36”, do you mean a new crossover ? Or a single touch ? and the trade should open in what direction ?

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  10/05/2018 at 2:24 PM #82067
  Wolf Trades

  If I have a cross over this is level=0, price have to move level+30pips, then price have to return down and touch EMA36, after touch I open a long trade.

  If I have a cross under this is level=0, price have to move level-25pips, then price have to return up and touch EMA36, after touch I open a short trade.

  

  Wolf Trades

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  10/08/2018 at 8:30 AM #82233
  Nicolas

  Ok, so that’s almost completely different, the below code should work as intended:

  defparam cumulateorders=false fast = average[12,1] slow = average[36,1] buydistance = 30 selldistance = 25 if onmarket then buytrigger=0 selltrigger=0 endif if fast>slow and high crosses over slow+buydistance*pointsize and not onmarket then buytrigger = 1 endif if buytrigger then buy at slow limit endif if fast<slow and low crosses under slow-selldistance*pointsize and not onmarket then selltrigger=1 endif if selltrigger then sellshort at slow limit endif set target pprofit 10 set stop ploss 20

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  defparam cumulateorders=false   fast = average[12,1] slow = average[36,1] buydistance = 30 selldistance = 25   if onmarket then buytrigger=0 selltrigger=0 endif   if fast>slow and high crosses over slow+buydistance*pointsize and not onmarket then buytrigger = 1 endif   if buytrigger then buy at slow limit endif   if fast<slow and low crosses under slow-selldistance*pointsize and not onmarket then selltrigger=1 endif   if selltrigger then sellshort at slow limit endif   set target pprofit 10 set stop ploss 20

  I added takeprofit and stoploss values, otherwise the first trade will never end! 🙂

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