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Ichimuko Lines Crossover EL
Started:November 2nd, 2016 (09:36 PM) by simon14 Views / Replies:61 / 1
Last Reply:November 2nd, 2016 (09:36 PM) Attachments:0

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Ichimuko Lines Crossover EL

Old November 2nd, 2016, 09:36 PM   #1 (permalink)
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Ichimuko Lines Crossover EL

I've written a basic script that suppose to buy when Turning line crosses over the Standard line and vice versa and then end the position when price crosses over the standard line .. its having trouble compiling if anyone see where i went wrong.


Inputs: Standard(26), Turning(9);
Variables:StdLine(0), TurnLine(0);

StdLine = (Highest(High, Standard) + Lowest(Low, Standard)) / 2;
TurnLine = (Highest(High, Turning) + Lowest(Low, Turning)) / 2;

condition1 = CurrentBar > 1 and turning crosses above standard ;
condition2 = CurrentBar > 1 and turning crosses under standard ;

//orderentry

if condition2 then
sellshort ("ichishort") next bar at market ;

if condition1 then
buytocover ("cover") next bar at market ;

//ordermanagment

condition3 = CurrentBar > 1 and close crosses_above standard;
condition4 = CurrentBar > 1 and close crosses_below standard;

if marketposition = -1 and if condition3 then
buytocover ("Cover") next bar at market ;


if marketposition = 1 and condition4 then
sell ("sell to cover") next bar at open ;

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Old November 2nd, 2016, 09:36 PM   #2 (permalink)
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