Forex Software — EMA crossover help

Re: EMA crossover help

2013-12-12T19:30:21Z

Sell is mirrored buy logic -- if buy = crosses up, then sell = crosses down and vice versa.

Closing point and condition is very much different set of subject. If you want to close at next opposite signal, choose Close and Reverse in Closing Point slot. If you want to close the position at a different set of crossover or even other indicators, choose the same crossover or other indicator in the Closing Logic Condition slot.

Re: EMA crossover help

2013-12-12T16:30:15Z

Thank you very much.

The opening and closing now works on the buy side.

However the system also open a sell position when the 13 crosses the 34 downward and close when the 8 crosses the 13 upwards. Is this correct?

Cheers

Re: EMA crossover help

2013-12-12T16:10:03Z

You do it like this:

[Opening Point of the Position]
Bar Opening
Enter the market at the beginning of the bar
Base price - Open

[Opening Logic Condition]
Moving Averages Crossover
Fast MA crosses Slow MA upward
Base price - Close
Fast MA method - Exponential
Slow MA method - Exponential
Fast MA period - 13
Slow MA period - 34
Fast MA shift - 0
Slow MA shift - 0
Use previous bar value - Yes

And then choose the exit criteria to your liking.

EMA crossover help

2013-12-12T15:47:28Z

Hello,

I am teying to backtest the following strategy:

Buy when 13 EMA cross over 34 EMA

Sell when 8 EMA cross below 13 EMA

However when I input the above criteria the system action the first rule but not the second.

I guess I am doing something wrong!

Thank you very much

Cristiano