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sma crossover strategy

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    sma crossover strategy

    I have created a simple moving average crossover strategy in the strategy wizard, but now I want to add a condition to it based on a 3rd slower sma? For example if the crossover is below the 3rd slower sma, I want to wait to enter until price closes beyond this 3rd ma and add a marker there. Thanks.

    #2
    Wilson,

    When a crossover occurs, this would mean that both series are equal at one point. I would suggest just adding a condition for "if one of the sma's are below your third sma".
    Adam P.NinjaTrader Customer Service

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      #3
      I did this in the wizard as I don't know programming. At what screen/point can I do this in the wizard? Thanks Adam.
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        #4
        You can do it from the conditions and actions step.

        Assuming you're using SMAs....

        # Set 1
        # Add
        # Indicators
        # SMA
        # Set the period or use the variable you defined earlier for the Fast MA
        # in the middle column set CrossesAbove
        # in the right column set SMA
        # Set the period or use the variable you defined earlier for the Slow MA
        # OK

        Now you have your fast MA crossing over the Slow MA. To make sure that the crossover is above the Confirmation MA:

        # Add
        # Indicators
        # SMA
        # Set the period for Fast MA
        # in the middle column set Greater Than
        # in the right column set SMA
        # Set the period or use the variable you defined earlier for the confirmation MA
        # OK

        And do the same thing for the Slow MA to make sure that it is also above the Confirmation MA.
        Last edited by AXELGREASER; 06-30-2012, 08:41 PM.

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