fade trade

[DinoSchu]

how do I write a trade that would sell above or buy below a moving average only if it is a certain distance from the moving average . exp

//put in sell entry if open is more than 25 ticks above SMA .
or the opposite on the down side .

I cannot seem to get the it right

[NinjaTrader_Tim]

Hi DinoSchu,

Thank you for your post.

Something like...

if ((Open[0] - SMA(14)[0]) > 25*TickSize)
EnterLong();

Will check if the difference between the open and the 14 Period SMA is more than 25 ticks.

[DinoSchu]

thank you for the short side would it have to be .

(SMA(240)[0] - Open [0] > 20*TickSize)

or no

[NinjaTrader_Tim]

Hi DinoSchu,

Yes, that is correct.