EMA strategy 3 candles

• 06/10/2024 at 8:36 PM #233712
  Aragorna

  Hello,

   

  I would like to ask a strategy that works this way:

  EMA50<EMA100<EMA200  and with a distance between them that can be defined

  buy if close crosses over ema 200 and the close of three candle before is lower than EMA50 (so price needs to crosse the three EMA in not more than 3 candles)

  the opposite for short.

  thank’s in advance

   

  Alessio

  

  Aragorna

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  06/10/2024 at 8:39 PM #233713
  Aragorna

  I did something like this but it opens also position when it shouldn’t.

   

  EMA strategy

  DEFPARAM CumulateOrders = false Ema50= ExponentialAverage[50](close) ema100= ExponentialAverage[100](close) Ema200= ExponentialAverage[200](close) c1= close crosses under ema200 and close[barindex-3]>=ema50 c2= close crosses over ema200 and close[barindex-3]<=ema50 c3=ema50>ema100 c4=ema100>ema200 c5=ema50<ema100 c6=ema100<ema200 If not longonmarket and c2 and c5 and c6 then Buy 1 contract at Market endif If longOnMarket AND (BarIndex - TradeIndex) >= 4 Then Sell at Market Endif If not shortonmarket and c1 and c3 and c4 then sellshort 1 contract at Market endif If shortOnMarket AND (BarIndex - TradeIndex) >= 4 Then exitshort at Market Endif

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23

  DEFPARAM CumulateOrders = false Ema50= ExponentialAverage[50](close) ema100= ExponentialAverage[100](close) Ema200= ExponentialAverage[200](close) c1= close crosses under ema200 and close[barindex-3]>=ema50 c2= close crosses over ema200 and close[barindex-3]<=ema50 c3=ema50>ema100 c4=ema100>ema200 c5=ema50<ema100 c6=ema100<ema200   If not longonmarket and c2 and c5 and c6  then Buy 1 contract at Market endif If longOnMarket AND (BarIndex - TradeIndex) >= 4 Then Sell at Market Endif If not shortonmarket and c1 and c3 and c4 then sellshort 1 contract at Market endif If shortOnMarket AND (BarIndex - TradeIndex) >= 4 Then exitshort at Market Endif

  exit is just to try, nothing defined

  

  Aragorna

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  06/11/2024 at 7:35 AM #233718
  JS

  Hi,

  Try using Close[3] instead of Close[BarIndex-3]…

  1 user thanked author for this post.

  Iván

  

  JS

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  06/11/2024 at 7:56 AM #233720
  Iván

  Hi
  You have to change c1 and c2:

  c1= close crosses under ema200 and close[3]>=ema50 c2= close crosses over ema200 and close[3]<=ema50

  1 2	c1= close crosses under ema200 and close[3]>=ema50 c2= close crosses over ema200 and close[3]<=ema50

  

  Iván

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  06/11/2024 at 7:57 AM #233721
  Iván

  I didn’t see your answer…
  As Roberto says, better 2 than… 🙂

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  robertogozzi, JS

  

  Iván

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  06/11/2024 at 10:27 PM #233772
  Aragorna

  Thank you very much Ivan, 2 is better than one, of course! by the way I don’t understand why close[barindex–3]  was not correct.

  thanks

  Alessio

  

  Aragorna

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  06/12/2024 at 7:33 AM #233778
  Iván

  Hi,

  Maybe you should check the Probuilder’s manual or at least here https://www.prorealcode.com/documentation/close/

  I think doing that will clarify your doubts.

  

  Iván

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  06/12/2024 at 9:48 AM #233794
  GraHal

  Aragorna wrote:

  why close[barindex–3]  was not correct.

  barindex increases by 1 for every new candle and so if your Algo has been running for 600 candles then you would have close[barindex–3] = close[597]

  

  GraHal

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