Please help me complete this code

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Posts
06/02/2022 at 3:21 AM #194483 quote
Lucky1
Participant

New
My objective is to initiate a signal when close is less than an EMA for a certain number of bars.

I have never used FOR/WHILE loops before and need help resetting my counter when a trade is initiated. So far, I can only get it to reach the counter once, enter a trade then every time it closes a trade it will immediately re-open a trade as the counter has not reset.

Thank you for your help everyone.
```
i = 0
ema1 = exponentialaverage[500](close)
if not onmarket then
orig = 0 
endif

while close<ema1 and i<11 do
i = i+1

if i>10 then
buysignal = 1
endif
wend


if not longonmarket and buysignal = 1 then
buy 1 contract at market
if orig = 0 then
orig = close
if i <>0 then
i = 0
endif
endif
else

if longonmarket and close>orig*1.02 then
sell at market
if i <>0 then
i = 0
endif
else
if longonmarket and close<orig*0.98 then
sell at market
if i <>0 then
i = 0
endif
endif
endif
endif
```
06/02/2022 at 9:17 AM #194493 quote
robertogozzi
Moderator

Legend
Try replacing lines 7-13 (and you can remove line 1) with these:
```
 If (summation[11](close<ema1) = 11) then
   buysignal = 1
Endif
```
06/02/2022 at 9:21 AM #194494 quote
robertogozzi
Moderator

Legend
If you still want to use the WHILE iteration, change line 7 this way:
```
while close[i]<ema1[i] and i<11 do
```
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Please help me complete this code

General Trading: Market Analysis & Manual Trading

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Lucky1 @lucky1 Participant

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This topic contains 2 replies,
has 2 voices, and was last updated by robertogozzi
4 years, 3 months ago.

Topic Details

Forum:	General Trading: Market Analysis & Manual Trading
Language:	English
Started:	06/02/2022
Status:	Active
Attachments:	No files

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