Candle stick pullback
7 replies
Shinya
1 year ago #279441
Hello there.
I’d like to make pullback strategy.
Could you someone help me?
first condition is,ema(50) cross above ema(200) then first touch on the ema(50) after the cross.
next condition is,positive candle above ema(50) then Long Entry.
but,I don’t want to entry when five candles close below ema(200)
///////////////////////////////////////////////////////////////////////////
1.ema(50) > ema(200)
2.Bar opens below EMA(50) after opened above.(pullback)
3.Close(1)>ema(50)
///////////////////////////////////////////////////////////////////////////
I putting these parameters but does’t work.
Thanks.
Kornel Mazur
1 year ago #279501
Hello,
Let’s sumarize the rules:
Buy when:
EMA(50) > EMA(200) AND
(Lowest[2] < EMA(200) OR Lowest[3] < EMA(200) ….. )
AND
Close[5] > EMA(50)[5] AND Close[4] > EMA(50)[4] AND Close[3] > EMA(50)[3] AND Close[2] > EMA(50)[2] AND Close[1] > EMA(50)[1]
AND Close[1] > Open[1]
Is this what you mean?
Shinya
1 year ago #279507
Hi Kornel,
Thank you for your response really appreciate it.
I have one more question.
I don’t want to trade after meeting the initial trading conditions.
How do I configure it?
Sincerely,
Shinya
tomas262
1 year ago #279550
Hi,
do you mean you want to trade only the first signal after MA crossover?
Shinya
1 year ago #279557
juergen_ks
1 year ago #279702
Hello Tomas,
last question would also interesting for me too. Only hypothetical.
But my main problem is: My file don’t works. Please can you show me my mistake? I’m a newbie at algo-wizard.
Thanks, best regards Jürgen
Shinya
1 year ago #279710
Hi juergen.
Thank you for interesting this topic.
I am waiting for answer too.
I guess My problem is solved by my self ( use crosses above or crosses below function.)
Is this stras what you want?
Thanks.
Have a good day!
juergen_ks
1 year ago #279734
Hi Shinya,
many thanks for efforts! Now I have a good idea to realize that in another strategy.
I was looking for same strategy you had described in First article. Because that I would use for a scalping strategy.
Best regards, Jürgen
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