EMA buy the dip strategy in strategy builder?
Can someone please help me make the most very basic EMA buy the dip strategy with the strategy builder?
I have watched many videos on stragety builder tutorials and I just can not seem to make it work.
I have successful compiled a strategy where I buy a contract (1 quanity) when the price hits a exponential moving average (EMA) [9 EMA in my case].
When I Created the strategy in the builder I used (less equal) as a condition of where price is less equal to 9 ema. I also set a take profit and stop loss at 4 ticks. And I set it to ticks and not bar close.
I have also been successful in getting my strategy to appear on my workspace, however everytime I enable the stragety (in sim101 and in my demo paper trade with my interactive brokers account) the strategy is highlighted with yellow. (Meaning that it has to sync with possible contracts) if it is in this position the strategy never turns green as it seems to never sync or become flat even though I have no open position.
Another issue I have is if I switch wait until flat with instant. I get the strategy to turn green in highlight which is good. However when the price passes into the buying condition I do not see any orders that execute. I also do not see any p&l statements or any order indications that the strategy is working.
I am wondering if there is an issue with the condition of less eqlessin this strategy.
Thanks in advance.
I have watched many videos on stragety builder tutorials and I just can not seem to make it work.
I have successful compiled a strategy where I buy a contract (1 quanity) when the price hits a exponential moving average (EMA) [9 EMA in my case].
When I Created the strategy in the builder I used (less equal) as a condition of where price is less equal to 9 ema. I also set a take profit and stop loss at 4 ticks. And I set it to ticks and not bar close.
I have also been successful in getting my strategy to appear on my workspace, however everytime I enable the stragety (in sim101 and in my demo paper trade with my interactive brokers account) the strategy is highlighted with yellow. (Meaning that it has to sync with possible contracts) if it is in this position the strategy never turns green as it seems to never sync or become flat even though I have no open position.
Another issue I have is if I switch wait until flat with instant. I get the strategy to turn green in highlight which is good. However when the price passes into the buying condition I do not see any orders that execute. I also do not see any p&l statements or any order indications that the strategy is working.
I am wondering if there is an issue with the condition of less eqlessin this strategy.
Thanks in advance.
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