Hi All,
I am new to PRT but not to trading, I have been actively trading for a few years now….. I recently decided to look at a new strategy and wanted to create a system to Auto Trade.
I already had an IG account and happened to find the PRT software, and it’s brilliant. I am trying to setup something really simple but I can’t seem to suss out why it won’t let me.
My chart has a very basic ‘Moving Average’ indicator which I have setup two on the chart with different settings. Now when I go to the back test function, I want to setup a ‘Buy’ when MA2 crosses over MA1, and then ‘Sell’ when MA1 Crosses under MA2. And Vice Versa for the ‘Short’ positions.
The problem is that when I use the dropdowns I only ever see one of the MA, never both, and never the opposing one in the other dropdown in either Buy or Short tabs.
I found a tutorial video showing exactly what I want to do but I simply don’t have the option on the dropdown menu for some reason.
Can anyone help please? I’ve attached a couple of screen shots showing what I mean.
Thanks, Matt
I made the test with 2 Hull averages just like you did and I can see both in the dropdown list. Are you sure you have clicked on the chart where the 2 averages are present?
Hi, Thanks for the quick reply. Yes I am positive, I’ve even shut down, restarted, tried new templates, deleted all indicators and tried to add them to the chart again…. which works as you can see. But whenever I go into the dropdown it only shows one of them.
I have tried a workaround and gone into the code and changed the numbers of the indicators which kind of works. But this leads to me think it doesn’t work correclty as when I run the backtest it’s not entering and exiting trades at the point they actually cross it’s waiting a few bars later.
Cheers……
I see that there is a problem using Hull MA in the assisted creation tool. It always takes SMA instead into the code.
Anyway, the below code would do the trick: 2 Hull MA crosses strategy
// Definition of code parameters
DEFPARAM CumulateOrders = False // Cumulating positions deactivated
Periodf=18
Periods=20
inner1 = 2*weightedaverage[round( Periodf/2)](typicalprice)-weightedaverage[Periodf](typicalprice)
inner2 = 2*weightedaverage[round( Periods/2)](typicalprice)-weightedaverage[Periods](typicalprice)
hullf = weightedaverage[round(sqrt(Periodf))](inner1)
hulls = weightedaverage[round(sqrt(Periods))](inner2)
// Conditions to enter long positions
c1 = hullf crosses over hulls
c2 = hullf crosses under hulls
IF c1 THEN
BUY 1 CONTRACT AT MARKET
ENDIF
// Conditions to enter short positions
IF c2 THEN
SELLSHORT 1 CONTRACT AT MARKET
ENDIF
That’s brilliant thanks very much. I actually shutdown my machine and rebooted it as well, then hey presto I could see both MA on the dropdown, very strange.
I have also just tested the code you put above and it works well….
I just need to figure out a few more settings, and why my ‘Simple MA’ setup is taking trades when they haven’t crossed over, they aren’t even close to each other which again is very odd.
Thanks for your help!
Nicolas, Is it also possible to make this even simpler by using a single MA and simply trigger when the average flips from uptrend to downtrend? I am trying to reduce the latency and also the false trades from a 4hr system I am trying.
I can’t seem to fathom the correct settings to allow me to do this, or does it always have to be when there’s two MA’s and they physically cross?
Thanks…..
