programming multiple signals in multiple bars

• 04/08/2021 at 10:50 AM #166495
  Jaldidee

  Hello,

  I was wondering if someone could help me.

  What I want to achieve is a program that looks for two signals over multiple bars.

  Yhe idea is that when the ATR on the dow 5 minutechart crosses over the value of 25 and a few bars (not more then 7) later the price crosses under the EMA10 a buy setup is triggered.

  If you look at the picture below you see that the trade is triggered also to early.

  Hope someone can help me.

  Many thanks in advance.

  Kind Regards,

  Jaldidee

  

  Jaldidee

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  04/08/2021 at 11:20 AM #166512
  robertogozzi

  There you go:

  DEFPARAM CumulateOrders = FALSE ONCE MaxBars = 7 //Keep signal alive for a max 7 bars ONCE Count = 0 MyATR = AverageTrueRange[14](close) Sma10 = Average[10,0](close) c1 = MyATR CROSSES OVER 25 c2 = close CROSSES UNDER Sma10 IF c1 = 1 THEN Count = 1 ELSE IF c1[1] = 1 THEN c1 = c1[1] Count = Count + 1 IF Count > MaxBars THEN Count = 0 c1 = 0 ENDIF ENDIF ENDIF IF Not OnMarket AND c1 AND c2 THEN BUY 1 Contract AT Market c1 = 0 Count = 0 SET TARGET pPROFIT 100 SET STOP pLOSS 50 ENDIF //graph count //graph c1 //graph c2

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  DEFPARAM CumulateOrders = FALSE ONCE MaxBars = 7                       //Keep signal alive for a max 7 bars ONCE Count   = 0 MyATR        = AverageTrueRange[14](close) Sma10        = Average[10,0](close) c1           = MyATR CROSSES OVER 25 c2           = close CROSSES UNDER Sma10 IF c1 = 1 THEN    Count = 1 ELSE    IF c1[1] = 1 THEN       c1 = c1[1]       Count = Count + 1       IF Count > MaxBars THEN          Count = 0          c1    = 0       ENDIF    ENDIF ENDIF IF Not OnMarket AND c1 AND c2 THEN    BUY 1 Contract AT Market    c1    = 0    Count = 0 SET TARGET pPROFIT 100 SET STOP   pLOSS   50 ENDIF //graph count //graph c1 //graph c2

   

  

  robertogozzi

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  04/08/2021 at 1:53 PM #166539
  Jaldidee

  Hello Roberto,

   

  Thank you very much. It works perfectly…

  However I have a followup question. Next step is to set an entry, exit and target when both conditions are met.

  How would you program that? Because I tried it with the indicator, highest[10] .

  I set the entry at highest[10] and i want to ext at higest[10] minus 1* ATR and want to take profit at 2 * ATR.

  This works for the entry, but not to set a exit and target, because the program keeps recalculating the value of higest[10] and thus contnually changing the exit and target.

  Kind regards,

  Jaldidee

   

   

  

  Jaldidee

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  04/08/2021 at 3:45 PM #166560
  robertogozzi

  There you go:

  DEFPARAM CumulateOrders = FALSE ONCE MaxBars = 7 //Keep signal alive for a max 7 bars ONCE Count = 0 MyATR = AverageTrueRange[14](close) Sma10 = Average[10,0](close) c1 = MyATR CROSSES OVER 25 c2 = close CROSSES UNDER Sma10 IF c1 = 1 THEN Count = 1 ELSE IF c1[1] = 1 THEN c1 = c1[1] Count = Count + 1 IF Count > MaxBars THEN Count = 0 c1 = 0 ENDIF ENDIF ENDIF IF c1 AND c2 THEN Entry = highest[10](high) SL = Entry - MyATR TP = Entry + (MyATR * 2) ENDIF IF Not OnMarket AND c1 AND c2 THEN BUY 1 Contract AT Entry STOP SET TARGET PROFIT TP SET STOP LOSS SL c1 = 0 Count = 0 ENDIF

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  DEFPARAM CumulateOrders = FALSE ONCE MaxBars = 7                       //Keep signal alive for a max 7 bars ONCE Count   = 0 MyATR        = AverageTrueRange[14](close) Sma10        = Average[10,0](close) c1           = MyATR CROSSES OVER 25 c2           = close CROSSES UNDER Sma10 IF c1 = 1 THEN    Count = 1 ELSE    IF c1[1] = 1 THEN       c1 = c1[1]       Count = Count + 1       IF Count > MaxBars THEN          Count = 0          c1    = 0       ENDIF    ENDIF ENDIF IF c1 AND c2 THEN    Entry = highest[10](high)    SL    = Entry - MyATR    TP    = Entry + (MyATR * 2) ENDIF IF Not OnMarket AND c1 AND c2 THEN    BUY 1 Contract AT Entry STOP    SET TARGET PROFIT TP    SET STOP   LOSS   SL    c1    = 0    Count = 0 ENDIF

   

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  robertogozzi

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