Simple MACD crossover strategy

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12/01/2020 at 11:40 PM #152356 quote
Rich
Participant

New
Hello all, another beginner here looking for help as I try to learn more about PRT – falling at the first hurdle as this is my first dabble with programming!

I’m trying to make a simple MACD crossover strategy that buys long when the MACD line crosses over the MACD signal line and sells short when the MACD line crosses back under the signal line. Profit target is 200, stop loss 100. I’ve looked at the online guide and other forum posts but can’t get this working – can anyone help me to fix it please?
```
MacLine = MACDline[12,26,9](close)
MacSig = ExponentialAverage[9](MacSig)

IF MacLine CROSSES UNDER MacSig THEN
BUY 1 contract AT MARKET
ENDIF
IF MacLine CROSSES OVER MacSig THEN
SELLSHORT 1 contract AT MARKET
ENDIF
SET TARGET pPROFIT 200
SET STOP pLOSS 100
```
Very simple for most of you I’m sure! Thanks 🙂
12/01/2020 at 11:48 PM #152358 quote
Monochrome
Participant

Senior
2nd line
```
MacSig = ExponentialAverage[9](macline)
```
macline not macsig

Rich thanked this post
12/02/2020 at 12:03 AM #152360 quote

Rich
Participant

New

Thanks Monochrome, it worked but then it sold when it should buy and bought when it should sell so switched ‘crosses over’ with ‘crosses under’ and vice versa. Seems strange that way round but does what I expect now.
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Simple MACD crossover strategy

ProOrder: Automated Strategies & Backtesting

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Rich @rich Participant

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5 years, 2 months ago.

Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	12/01/2020
Status:	Active
Attachments:	No files

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