Strategy: 20 EMA & 50 EMA

[hunter]

Hello Support,

I would appreciate your help in building a strategy that I have tried to explain in the best possible way.

Strategy: 20 EMA & 50 EMA

Entry Long:      20 EMA crosses 200 EMA up from below,
50 EMA crosses 200 EMA up from below…         
Then, 20 EMA goes below 50 EMA and comes back above 50 EMA, you enter long

Exit Long:        2 closes below 20 EMA

What we are trying to do is longs are not entered the first time when 20 EMA & 50 EMA crosses above 200 EMA but when 20 EMA crosses below 50 EMA and then goes back above it, it should trigger a buy.

Thanks in advance.

[Tradecision Support Team]

Dear hunter,

Here is the following code:

Entry Long:
========
var
    res:=false;
    ema20:=EMA(C,20);
    ema50:=EMA(C,50);
    ema200:=EMA(C,200);
    cross_20_200:=0;
    cross_50_200:=0;
    cross_20_50:=0;
end_var

cross_20_200:=BarsSince(CrossAbove(ema20,ema200));
cross_50_200:=BarsSince(CrossAbove(ema50,ema200));
cross_20_50:=BarsSince(CrossBelow(ema20,ema50));

if cross_20_200=-1 or cross_50_200=-1 or cross_20_50=-1 then
   return false;

if CrossAbove(ema20,ema50) and
   cross_20_50>0 and
   cross_20_50<cross_20_200 and
   cross_20_50<cross_50_200
then
    res:=true;

return res;

Exit Long:
========
var
ema20:=EMA(c,20);
end_var

return Close<ema20 and Close\1\<ema20;
========

Besides, for the successful work of this strategy, it will be necessary to copy the attached BarsSince.tfn file to Alyuda Tradecision\Funct catalogue.


Sincerely,
Tradecision Support Team

Hello Support,

I would appreciate your help in building a strategy that I have tried to explain in the best possible way.

Strategy: 20 EMA & 50 EMA

Entry Long:      20 EMA crosses 200 EMA up from below,
50 EMA crosses 200 EMA up from below…         
Then, 20 EMA goes below 50 EMA and comes back above 50 EMA, you enter long

Exit Long:        2 closes below 20 EMA

What we are trying to do is longs are not entered the first time when 20 EMA & 50 EMA crosses above 200 EMA but when 20 EMA crosses below 50 EMA and then goes back above it, it should trigger a buy.

Thanks in advance.

[hunter]

Thank you for sending me the code; I copied the code into the strategy builder and when I click button to check formula, it shows errors as per the attached file.
Please advice how to rectify this?

[Tradecision Support Team]

Dear hunter,

Just remove the “return” word from the start of the program’s text.
Hope this will help.

Sincerely,
Tradecision Support Team

Thank you for sending me the code; I copied the code into the strategy builder and when I click button to check formula, it shows errors as per the attached file.
Please advice how to rectify this?

[hunter]

Thank you. It works now.

[hunter]

Dear Support,

I would appreciate it if you could help me code the same for short positions as well.

Your help is much appreciated.

[Tradecision Support Team]

Dear hunter,

Please let us now what finally, the rule for Short Position should be?

Sincerely,
Tradecision Support Team

Dear Support,

I would appreciate it if you could help me code the same for short positions as well.

Your help is much appreciated.

[hunter]

Entry Short:      20 EMA crosses 200 EMA down from above,
50 EMA crosses 200 EMA down from above,
Then, 20 EMA goes above 50 EMA and comes back below 50 EMA, you enter short

Exit Short:        2 closes above 20 EMA

What we are trying to do is shorts are not entered the first time when 20 EMA & 50 EMA crosses below 200 EMA but when 20 EMA crosses above 50 EMA and then goes back below it (while remaining below 200), it should trigger a sell.

[Tradecision Support Team]

Dear hunter,

Here is the following code:

Entry Short:
=========
var
    res:=false;
    ema20:=EMA(C,20);
    ema50:=EMA(C,50);
    ema200:=EMA(C,200);
    cross_20_200:=0;
    cross_50_200:=0;
    cross_20_50:=0;
end_var

cross_20_200:=BarsSince(CrossBelow(ema20,ema200));
cross_50_200:=BarsSince(CrossBelow(ema50,ema200));
cross_20_50:=BarsSince(CrossAbove(ema20,ema50));

if cross_20_200=-1 or cross_50_200=-1 or cross_20_50=-1 then
   return false;

if CrossBelow(ema20,ema50) and
   cross_20_50>0 and
   cross_20_50<cross_20_200 and
   cross_20_50<cross_50_200
then
    res:=true;

return res;

Sincerely,
Tradecision Support Team

Entry Short:      20 EMA crosses 200 EMA down from above,
50 EMA crosses 200 EMA down from above,
Then, 20 EMA goes above 50 EMA and comes back below 50 EMA, you enter short

Exit Short:        2 closes above 20 EMA

What we are trying to do is shorts are not entered the first time when 20 EMA & 50 EMA crosses below 200 EMA but when 20 EMA crosses above 50 EMA and then goes back below it (while remaining below 200), it should trigger a sell.

[hunter]

Worked great!
Thank you.