MA Strategy with trade entry/reversal
Hi all,
I have come accross this idea and would like to know if anyone would be able to have a bash at coding it for NT7.
I am very very new to scripting and tried but failed miserably.
This particular strategy uses Heikin-Ashi Candlestick Oscillator (HACO) and the triple exponential moving average (TEMA) to filter out some of the whipsaws inherent in basic Heikin-Ashi candlesticks. The up/down trend moving average periods were set to 27 within the HACO. EMA cossovers/signal line would be visualised by one line either turning red or green depending on trend. (like in the example picture)
A volume colour indicator would be a great touch. As far as targets go I think an ATR trailing stop would be great. (Like in the example picture)
If any programmers here can help code this it would be a great tool we can all use. I have read through pages and pages on this forum and everyone seems to help each other out and add ideas when developing a strategy, a breath of fresh air. I hope this follows suit.
The strategy in the picture above uses TEMAs to some how fade out the whipsaw in the trend so the trade doesnt close prematurely. This would be great if its achievable?
Thanks all.
RG
I have come accross this idea and would like to know if anyone would be able to have a bash at coding it for NT7.
I am very very new to scripting and tried but failed miserably.
This particular strategy uses Heikin-Ashi Candlestick Oscillator (HACO) and the triple exponential moving average (TEMA) to filter out some of the whipsaws inherent in basic Heikin-Ashi candlesticks. The up/down trend moving average periods were set to 27 within the HACO. EMA cossovers/signal line would be visualised by one line either turning red or green depending on trend. (like in the example picture)
A volume colour indicator would be a great touch. As far as targets go I think an ATR trailing stop would be great. (Like in the example picture)
If any programmers here can help code this it would be a great tool we can all use. I have read through pages and pages on this forum and everyone seems to help each other out and add ideas when developing a strategy, a breath of fresh air. I hope this follows suit.
The strategy in the picture above uses TEMAs to some how fade out the whipsaw in the trend so the trade doesnt close prematurely. This would be great if its achievable?
Thanks all.
RG
Comment