ProOrder putting wrong trades

• 11/20/2023 at 10:43 PM #223998
  VarmaRudra

  Hi All,

  I written a program for automated trading and use this below indicator logic as a condition to put the trade. It used to work fine till last week but from today onwards its not working. In other words, it is not returning 1 when the last ten candles close price consistently above EMA20.

  When i tested it further, until i check last four candles(including the current one) it works perfectly but when i increase it to last five candles it is giving abnormal results.. attached some screenshots related to this.

  Lost quite a bit of money because of abnormal trades system put in. So, Any insight into this will be much appreciated.

  EXPA20 = ExponentialAverage[20](close) EXPA50 = ExponentialAverage[50](close) i = 0 CloseABoveEXP20 = 1 While i <> 10 DO if EXPA20 > close[i] then CloseABoveEXP20 = 0 Endif i = i+1 WEND return (CloseABoveEXP20 and open > EXPA20 and close > EXPA20)

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

  EXPA20 = ExponentialAverage[20](close) EXPA50 = ExponentialAverage[50](close)   i = 0 CloseABoveEXP20 = 1   While i <> 10 DO if  EXPA20 > close[i] then CloseABoveEXP20 = 0 Endif i = i+1 WEND   return (CloseABoveEXP20 and open > EXPA20 and close > EXPA20)

   

  

  VarmaRudra

  Participant

  Topics: 10

  Replies: 16

  Been thanked: 5 times
  11/21/2023 at 8:14 AM #224006
  JS

  Hi @VarmaRudra

  Try this one…

   

  Above ExpA20

  ExpA20 = ExponentialAverage[20](close) ExpA50 = ExponentialAverage[50](close) N=5 //Number of bars to check C1=Summation[N](Close>ExpA20)=N If C1 then Signal=1 Else Signal=0 EndIf Return Signal

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

  ExpA20 = ExponentialAverage[20](close) ExpA50 = ExponentialAverage[50](close)   N=5 //Number of bars to check   C1=Summation[N](Close>ExpA20)=N   If C1 then Signal=1 Else Signal=0 EndIf Return Signal

  1 user thanked author for this post.

  VarmaRudra

  

  JS

  Participant

  Topics: 27

  Replies: 2038

  Been thanked: 1086 times
  11/21/2023 at 9:45 AM #224014
  VarmaRudra

  You are a star. Thank you. I wonder why it stopped working from Yesterday. I always that logic but your program is much better.

  1 user thanked author for this post.

  JS

  

  VarmaRudra

  Participant

  Topics: 10

  Replies: 16

  Been thanked: 5 times
  11/21/2023 at 3:18 PM #224058
  PeterSt

  JS wrote:

  Try this one…

  Hi JS,

  Why would that help, you think ?
  (I had been staring at the issue for 15 minutes before I gave up)

  

  PeterSt

  Participant

  Topics: 73

  Replies: 2588

  Been thanked: 849 times
  11/21/2023 at 3:35 PM #224061
  JS

  Sorry, I don’t understand your question…

  

  JS

  Participant

  Topics: 27

  Replies: 2038

  Been thanked: 1086 times
  11/21/2023 at 4:59 PM #224072
  robertogozzi

  This code works fine:

  EXPA20 = ExponentialAverage[20](close) CloseABoveEXP20 = summation[10](close > EXPA20) return (CloseABoveEXP20 and open > EXPA20 and close > EXPA20)

  1 2 3

  EXPA20 = ExponentialAverage[20](close) CloseABoveEXP20 = summation[10](close > EXPA20) return (CloseABoveEXP20 and open > EXPA20 and close > EXPA20)

   

  

  robertogozzi

  Moderator

  Topics: 69

  Replies: 17524

  Been thanked: 4278 times
• Author
  Posts