Forex Software — Simple Ema strategy that I cant figure out how to set it up

Re: Simple Ema strategy that I cant figure out how to set it up

2022-03-09T20:19:34Z

Marti,
that actually work, clever indeed!
Many thanks for your time! Cheers!

Re: Simple Ema strategy that I cant figure out how to set it up

2022-03-04T10:39:36Z

Marti wrote:

Strategy Properties
Same direction signal - Nothing
Opposite direction signal - Nothing
Stop Loss - None
Take Profit - None
Break Even - None
[Opening Point of the Position]
Bar Opening
Enter the market at the beginning of the bar
Base price - Open

[Opening Logic Condition]
Long or Short
Open long positions only
[Opening Logic Condition]
Moving Averages Crossover
Fast MA crosses Slow MA upward
Base price - High
Fast MA method - Exponential
Slow MA method - Exponential
Fast MA period - 2
Slow MA period - 2
Fast MA shift - 0
Slow MA shift - 1
Use previous bar value - Yes
Logical group - A
Signal shift - 0
Signal repeat - 0
Indicator symbol - Default
Indicator period - Default
[Opening Logic Condition]
Moving Average
Moving Average falls
Smoothing method - Exponential
Base price - Low
Period - 2
Shift - 0
Use previous bar value - Yes
Logical group - A
Signal shift - 0
Signal repeat - 0
Indicator symbol - Default
Indicator period - Default
[Opening Logic Condition]
Long or Short
Open short positions only
[Opening Logic Condition]
Moving Averages Crossover
Fast MA crosses Slow MA downward
Base price - Low
Fast MA method - Exponential
Slow MA method - Exponential
Fast MA period - 2
Slow MA period - 2
Fast MA shift - 0
Slow MA shift - 1
Use previous bar value - Yes
Logical group - B
Signal shift - 0
Signal repeat - 0
Indicator symbol - Default
Indicator period - Default
[Opening Logic Condition]
Moving Average
Moving Average rises
Smoothing method - Exponential
Base price - High
Period - 2
Shift - 0
Use previous bar value - Yes
Logical group - B
Signal shift - 0
Signal repeat - 0
Indicator symbol - Default
Indicator period - Default
[Closing Point of the Position]
Bar Closing
Exit the market at the end of the bar
Base price - Close

Good thinking, that's very clever!

Re: Simple Ema strategy that I cant figure out how to set it up

2022-03-04T01:13:39Z

Logic
Opening (Entry Signal)

Open a new long position at the beginning of the bar when:

logical group [A] is satisfied: 
Long or Short filter permits long opening; and 
Moving Averages Crossover* (High, Exponential, Exponential, 2, 2, 0, 1); Fast MA crosses Slow MA upward; and 
Moving Average* (Exponential, Low, 2, 0) falls. 
or logical group [b] is satisfied: 
Long or Short filter does not permit long opening; and 
Moving Averages Crossover* (Low, Exponential, Exponential, 2, 2, 0, 1); Fast MA crosses Slow MA downward; and 
Moving Average* (Exponential, High, 2, 0) rises. 

Open a new short position at the beginning of the bar when:

logical group [A] is satisfied: 
Long or Short filter does not permit short opening; and 
Moving Averages Crossover* (High, Exponential, Exponential, 2, 2, 0, 1); Fast MA crosses Slow MA downward; and 
Moving Average* (Exponential, Low, 2, 0) rises. 
or logical group [b] is satisfied: 
Long or Short filter permits short opening; and 
Moving Averages Crossover* (Low, Exponential, Exponential, 2, 2, 0, 1); Fast MA crosses Slow MA upward; and 
Moving Average* (Exponential, High, 2, 0) falls.

Re: Simple Ema strategy that I cant figure out how to set it up

2022-03-04T01:08:21Z

Strategy Properties
Same direction signal - Nothing
Opposite direction signal - Nothing
Stop Loss - None
Take Profit - None
Break Even - None

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

[Opening Logic Condition]
Long or Short
Open long positions only

[Opening Logic Condition]
Moving Averages Crossover
Fast MA crosses Slow MA upward
Base price - High
Fast MA method - Exponential
Slow MA method - Exponential
Fast MA period - 2
Slow MA period - 2
Fast MA shift - 0
Slow MA shift - 1
Use previous bar value - Yes

Logical group - A
Signal shift - 0
Signal repeat - 0
Indicator symbol - Default
Indicator period - Default

[Opening Logic Condition]
Moving Average
Moving Average falls
Smoothing method - Exponential
Base price - Low
Period - 2
Shift - 0
Use previous bar value - Yes

Logical group - A
Signal shift - 0
Signal repeat - 0
Indicator symbol - Default
Indicator period - Default

[Opening Logic Condition]
Long or Short
Open short positions only

[Opening Logic Condition]
Moving Averages Crossover
Fast MA crosses Slow MA downward
Base price - Low
Fast MA method - Exponential
Slow MA method - Exponential
Fast MA period - 2
Slow MA period - 2
Fast MA shift - 0
Slow MA shift - 1
Use previous bar value - Yes

Logical group - B
Signal shift - 0
Signal repeat - 0
Indicator symbol - Default
Indicator period - Default

[Opening Logic Condition]
Moving Average
Moving Average rises
Smoothing method - Exponential
Base price - High
Period - 2
Shift - 0
Use previous bar value - Yes

Logical group - B
Signal shift - 0
Signal repeat - 0
Indicator symbol - Default
Indicator period - Default

[Closing Point of the Position]
Bar Closing
Exit the market at the end of the bar
Base price - Close

Re: Simple Ema strategy that I cant figure out how to set it up

2022-03-02T20:17:02Z

For some reason standard MA doesn't have direction change logic, therefore this calls for a custom indicator! I can't think of a better way at the moment.

Re: Simple Ema strategy that I cant figure out how to set it up

2022-03-01T13:52:05Z

Got the closest result with this setup?

Market
Symbol - EURUSD
Period - M5

Trading Size
Maximum lots - 20
Trading units - lots
Entry units - 1

Strategy Properties
Same direction signal - Nothing
Opposite direction signal - Nothing
Stop Loss - None
Take Profit - None
Break Even - None

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

[Opening Logic Condition]
HMA
HMA falls
Smoothing method - Exponential
Base price - High
Line Color - Orange
Period - 1
Shift - 0
Use previous bar value - Yes

Logical group - A
Signal shift - 1
Signal repeat - 0
Indicator symbol - Default
Indicator period - Default

[Opening Logic Condition]
HMA
HMA falls
Smoothing method - Exponential
Base price - Low
Line Color - Orange
Period - 1
Shift - 0
Use previous bar value - Yes

Logical group - A
Signal shift - 1
Signal repeat - 0
Indicator symbol - Default
Indicator period - Default

[Opening Logic Condition]
HMA
HMA falls
Smoothing method - Exponential
Base price - High
Line Color - Orange
Period - 1
Shift - 0
Use previous bar value - Yes

Logical group - A
Signal shift - 2
Signal repeat - 0
Indicator symbol - Default
Indicator period - Default

[Opening Logic Condition]
HMA
HMA falls
Smoothing method - Exponential
Base price - Low
Line Color - Orange
Period - 1
Shift - 0
Use previous bar value - Yes

Logical group - A
Signal shift - 2
Signal repeat - 0
Indicator symbol - Default
Indicator period - Default

[Opening Logic Condition]
Outside Bar
Outside Bar
Use previous bar value - Yes

Logical group - A
Signal shift - 0
Signal repeat - 0
Indicator symbol - Default
Indicator period - Default

[Closing Point of the Position]
Bar Closing
Exit the market at the end of the bar
Base price - Close

Simple Ema strategy that I cant figure out how to set it up

2022-03-01T13:06:55Z

Hi,
how to setup the next strategy?

Go long:
Ema, 2, high, changes direction upward
Ema, 2, low, falls

Go short:
Ema, 2, high, rising
Ema, 2, low, changes direction downward.

It looks like I could use an Outside bar indicator but then I would need another logic to get a trade howevere, it is not th strategy I would like to see.

Many thanks!