I am not a programmer so am clueless as to how to split this into two files one for buy and one for sell as well as how to append more buy sell options. If you can split this indicator into buy sell and add one item from second set this way I may learn how to do this kind of task in future. Appreciate your help.
Splitting the file will not stop any other indi you add to your strategy giving a short/long signal but using the "Long or Short" indi with your Simple Price Action indi will ensure all indi's give the selected direction only which I presume that is what you want.
I have added the options you suggested to the previous file and also included the split files with Long and Short only so you can see what effect they have.
You can then open them and modify them adding any other options you require.
Mick
]]>Hi harapa,
If I've got this wrong I hope someone will correct me.
As I understand it the iBar is the entry Bar and we work back from there, so the first Bar we use is [iBar - 1] hence the coding I've written. The only thing we know about the iBar is it'll Open at a price somewhere.
Mick
Absolutely correct! It can be made to work with iBar too, then Up[iBar+1]=1, but this change is cosmetical, indi works the same both ways.
]]>Hi harapa,
You can add the additional buy or sell options you've specified to the indi I supplied or modify any others you already have.
Mick
I am not a programmer so am clueless as to how to split this into two files one for buy and one for sell as well as how to append more buy sell options. If you can split this indicator into buy sell and add one item from second set this way I may learn how to do this kind of task in future. Appreciate your help.
]]>if (Open[iBar] < Low[iBar - 1] &&
High[iBar] > Low[iBar - 1])
adUp[iBar] = 1;
// Short trade
if (Close[iBar] > Close[iBar - 1] &&
Close[iBar] < Open[iBar] &&
High[iBar] > High[iBar - 2] &&
High[iBar] > Close[iBar - 3])
Now to expand this further.
First
Is it possible to split the indicator into two different files one for buy and other for sell set up. If yes then is a preferred mode because I want to add multiple selectable buy or sell options.
Secondly
How would you go about appending two selectable buy or sell options as a part of buy or sell indicator.
Here is an example of another buy/sell setup
Buy: ((O =< H[1]) and (O >= L[1]) and (H > H[1]))
Sell: ((O =< H[1]) and (O >= L[1]) and (L > L[1]))
Thanks for your help
]]>Is this the logic your looking for
Long Trade
(Open[iBar - 1] < Low[iBar - 2] &&
High[iBar - 1] > Low[iBar - 2])Short Trade
(Close[iBar - 1] > Close[iBar - 2] &&
Close[iBar - 1] < Open[iBar - 1] &&
High[iBar - 1] > High[iBar - 3] &&
High[iBar - 1] > Close[iBar - 4])Mick
Yes, this is what I am looking for. I would prefer if I can test this as "long only" as well as "long and short".
Thanks for your help.
Is this the logic your looking for
Long Trade
( &&
High[iBar - 1] > Low[iBar - 2])Short Trade
(Close[iBar - 1] > Close[iBar - 2] &&
Close[iBar - 1] < Open[iBar - 1] &&
High[iBar - 1] > High[iBar - 3] &&
High[iBar - 1] > Close[iBar - 4])Mick
Mick, going for custom indi? Good effort, probably the best way to achieve this.
I would change the first line though,
to this
Open[iBar] < Low[iBar - 1]What do you or Harapa think about this? Open is known practically every step of the way, and is more closer to the original code. BTW, is it taken from a Tradestation indi?
Thanks and good luck!
]]>Short Trade
(Close[iBar - 1] > Close[iBar - 2] &&
Close[iBar - 1] < Open[iBar - 1] &&
High[iBar - 1] > High[iBar - 3] &&
High[iBar - 1] > Close[iBar - 4])
Mick
]]>You can download it here:
http://forexsb.com/forum/topic/649/moving-average-crossover/
Thanks. Still struggling to make the setup work.
]]>This is my try on this:
[Opening Point of the Position]
Bar Opening
Enter the market at the beginning of the bar
Base price - Open[Opening Logic Condition]
Moving Average
[ A ] The bar opens below the Moving Average
Smoothing method - Simple
Base price - Low
Period - 1
Shift - 0
Use previous bar value - Yes[Opening Logic Condition]
Custom Moving Averages Crossover
[ A ] The Fast MA is higher than the Slow MA
FastBase price - High
SlowBase price - Low
Fast MA method - Simple
Slow MA method - Simple
Fast MA period - 1
Slow MA period - 1
Fast MA shift - 0
Slow MA shift - 1
Use previous bar value - Yes[Opening Logic Condition]
Long or Short
[ A ] Open long positions only[Opening Logic Condition]
Custom Moving Averages Crossover
[ B ] The Fast MA is higher than the Slow MA
FastBase price - Close
SlowBase price - Close
Fast MA method - Simple
Slow MA method - Simple
Fast MA period - 1
Slow MA period - 1
Fast MA shift - 0
Slow MA shift - 1
Use previous bar value - Yes[Opening Logic Condition]
Moving Average
[ B ] The bar opens above the Moving Average
Smoothing method - Simple
Base price - Close
Period - 1
Shift - 0
Use previous bar value - Yes[Opening Logic Condition]
Custom Moving Averages Crossover
[ B ] The Fast MA is higher than the Slow MA
FastBase price - High
SlowBase price - High
Fast MA method - Simple
Slow MA method - Simple
Fast MA period - 1
Slow MA period - 1
Fast MA shift - 0
Slow MA shift - 2
Use previous bar value - Yes[Opening Logic Condition]
Custom Moving Averages Crossover
[ B ] The Fast MA is higher than the Slow MA
FastBase price - High
SlowBase price - Close
Fast MA method - Simple
Slow MA method - Simple
Fast MA period - 1
Slow MA period - 1
Fast MA shift - 0
Slow MA shift - 2
Use previous bar value - Yes[Opening Logic Condition]
Long or Short
[ B ] Open short positions only
I did download the MA indicator.
All of above is meant to go in Opening logic. Right?
What I want is use the Buy formula for opening the position and Sell formula to Close it. If I try to add the sell parts in Closing logic , I don't have an option to use previous bar value. Plus, I get no trades.