ProOrder putting wrong trades

VarmaRudra · 2023-11-20T21:43:05+00:00

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)

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

New
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)
```
Trading-analysis.docx
11/21/2023 at 8:14 AM #224006 quote
JS
Participant

Master
Hi @VarmaRudra Try this one…
```
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
```
VarmaRudra thanked this post

Schermafbeelding-2023-11-21-om-08.12.30.png
11/21/2023 at 9:45 AM #224014 quote

VarmaRudra
Participant

New

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

11/21/2023 at 3:18 PM #224058 quote

PeterSt
Participant

Master

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)

11/21/2023 at 3:35 PM #224061 quote

JS
Participant

Master

Sorry, I don’t understand your question…

11/21/2023 at 4:59 PM #224072 quote
robertogozzi
Moderator

Legend
This code works fine:
```
EXPA20 = ExponentialAverage[20](close)
CloseABoveEXP20 = summation[10](close > EXPA20)
return (CloseABoveEXP20 and open > EXPA20 and close > EXPA20)
```
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