[BrianA]

I am working on a strategy for Open E cry. I have the beginning but I am having trouble writing my next step. I want it to say

"when price moves above moving average X sell second bar"

If you could help that would be great or send me a PM.

Thanks

Brian

[Frank]

<<"when price moves above moving average X sell second bar" >>

you have been vague but I will make some assumptions -- if you want it to sell the open of the second bar after the first CLOSE above the 20-period moving average:

value1=average(c,20);

if c>value1 then sell next bar at market;

[BrianA]

Thanks!

I think I can make this work. If not do you mind a few more questions?

But I am hoping I can do it myself.

Brian

[BrianA]

What if I wanted to wait for the second bar above the moving average before I entered the trade? I have tried every way my limited ability allows, but no luck

Thanks

Brian

[sep34]

Try this..see if it works.

if c[1]>value1[1] and c>value1 then sell next bar at market;


Regards

[BrianA]

Thanks, but it seems to buy every bar after entry and sells them all when it crosses under. instead of just buying the entry and selling the exit?

I do really appreciate your help

Brian

Not sure what kind of exit strategy your using...
here is a chart with following startegy for entry and exits,, take a look. to me it looks like its working fine....but im also trading and did this real fast while trading, you need to check it to make sure.


---------------------
value1=AverageFC(c,20);


if c[1]>value1[1] and c>value1 then sell next bar at market;
if c[1]<value1[1] and c<value1 then buy next bar at market;

---------------------

[sep34]

Take a look at the following chart..looks good to me but idid this very fast...make sure to check it.
remember your exit strategy will change the strategy.


code
---------------------------------
value1=average(c,20);

if c[1]>value1[1] and c>value1 then sell next bar at market;
if c[1]<value1[1] and c<value1 then buy next bar at market;
---------------------------------

Regards..