currentprice_MA crossover

• 11/09/2018 at 8:26 AM #84457
  rama

  price-ema cross_over

  // Conditions to enter long positions indicator1 = Average[50](close) if (close crosses over indicator1) then c2=0 endif if (close crosses under indicator1) then c2=0 endif if close>=indicator1 then c3= close-indicator1+c2 endif if close<= indicator1 then c3= -close+indicator1+c2 endif return c3

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  // Conditions to enter long positions indicator1 = Average[50](close) if (close crosses over  indicator1) then c2=0 endif     if (close crosses under   indicator1) then c2=0 endif   if close>=indicator1 then c3= close-indicator1+c2 endif     if close<= indicator1 then c3= -close+indicator1+c2 endif     return c3

   

  

  rama

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  11/09/2018 at 8:28 AM #84459
  rama

  I have written the code, it give some results but not expect

  I expect the max value should be 420

  where as I get 250 which not correct

  

  rama

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  11/09/2018 at 9:05 AM #84465
  robertogozzi

  Lines 3 through 10 are useless, since you never assign C2 any value.

  C3 is the distance between CLOSE and the indicator for that single bar.

  If you want the distance from CLOSE and the crossover then you’ll have to save the value of the indicator, or its BarIndex, when the crossover occurs.

  

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  11/09/2018 at 9:27 AM #84468
  rama

  I have corrected the code

   

  it works fine

  // Conditions to enter long positions indicator1 = Average[50](close) if (close crosses over indicator1) then c2=indicator1 endif if close>Average[50](close) then c3=close-c2[1] endif return c3

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  // Conditions to enter long positions indicator1 = Average[50](close) if (close crosses over indicator1) then c2=indicator1 endif if close>Average[50](close) then c3=close-c2[1] endif   return c3

   

  

  rama

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  11/09/2018 at 10:50 AM #84472
  robertogozzi

  Line 7 should reference c2 (not c2[1]), because when there is a crossover it would return the value of the previous crossover. From the candle following the crossover on it wouldn’t make any difference (despite it is logically wrong).

  

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  04/17/2020 at 7:51 AM #126468
  rama

  If I want to add number of bars in the same code what should i do. if I want to trade contrarian say if the value c3>=500 after x number of bars only. I dont want sell in very sharp trend, I want to keep some minimum number of bars

  

  rama

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  04/17/2020 at 8:49 AM #126481
  robertogozzi

  There you go:

  // Conditions to enter long positions indicator1 = Average[50](close) if (close crosses over indicator1) then c2=indicator1 MyBar = barindex endif if close>Average[50](close) then c3=close-c2 endif if c3 > 500*pipsize And (barindex - MyBar) > 5 then MyBar = barindex c2=indicator1 Else c3 = 0 endif return c3

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  // Conditions to enter long positions indicator1 = Average[50](close) if (close crosses over indicator1) then    c2=indicator1    MyBar = barindex endif if close>Average[50](close) then    c3=close-c2 endif if c3 > 500*pipsize And (barindex - MyBar) > 5 then    MyBar = barindex    c2=indicator1 Else    c3 = 0 endif return c3

   

  

  robertogozzi

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