Simple MACD crossover strategy

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

  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?

  Simple MACD crossover strategy

  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

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  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 🙂

  

  Rich

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  12/01/2020 at 11:48 PM #152358
  Monochrome

  2nd line

  MacSig = ExponentialAverage[9](macline)

  1	MacSig = ExponentialAverage[9](macline)

  macline not macsig

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  Rich

  

  Monochrome

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  12/02/2020 at 12:03 AM #152360
  Rich

  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.

  

  Rich

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