Ehler's Oscillator Exiting when Contrary to Rules?

• 05/12/2017 at 4:18 PM #35345
  Bard

  Hi
  Does anyone know why this long trade was exited? I cannot see the oscillator being anywhere need the 0.8 value in the preceding bars and the Chop Index is conditional with an “and”?

  Thanks in advance for any help,
  Bard

  // Definition of code parameters
  DEFPARAM CumulateOrders = False // Cumulating positions deactivated

  // Conditions to enter long positions
  indicator1, ignored = CALL “Ehler’s Univ Osc SuperSmoother”
  c1 = (indicator1 CROSSES OVER -0.8)
  indicator2 = CALL “Choppiness Index”
  c2 = (indicator2 <= 61.8)

  IF c1 AND c2 THEN
  BUY 10 PERPOINT AT MARKET
  ENDIF

  // Conditions to enter short positions
  indicator3, ignored = CALL “Ehler’s Univ Osc SuperSmoother”
  c3 = (indicator3 CROSSES UNDER 0.8)
  indicator4 = CALL “Choppiness Index”
  c4 = (indicator4 <= 61.8)

  IF c3 AND c4 THEN
  SELLSHORT 10 PERPOINT AT MARKET
  ENDIF

   

  

  Bard

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