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Help requested for MESA MAMA FAMA indicator function
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Help requested for MESA MAMA FAMA indicator function

  #21 (permalink)
Elite Member
Stockholm
 
Futures Experience: Intermediate
Platform: Nanotrader/ tradestaion
Broker/Data: WHS / TS
Favorite Futures: EC / SI / ES / BP
 
Posts: 19 since Mar 2011
Thanks: 8 given, 5 received


ABCTG View Post
Lamboo,

the code trades based on the MAMA FAMA relation. When do you want the strategy to buy and when should it sell short?
If you think it only does the opposite, then change the entry condition. Instead of checking for "If FAMA > MAMA then" for a buy change it to "If FAMA < MAMA then". Do the same for the short entry and you have the entry logic reversed.

Regards,
ABCTG



Ok thanks again, that worked! it didnt give good results in the long run though

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The following user says Thank You to Lamboo for this post:
 
  #22 (permalink)
Trading for Profit
new york
 
Futures Experience: Intermediate
Platform: X Trader, Sierra Charts, Multicharts
Broker/Data: AMP/TT, Vision/Rithmic, AMP/CQG
Favorite Futures: CL, NG, gold
 
Posts: 355 since Mar 2012
Thanks: 665 given, 569 received

This works very nicely on renko charts.

On a .14 renko chart on crude, in multicharts with a 600 stop and 800 profit tgt, it tested very nicely.
With some optimization, it could work very nicely.

I read about FAMA a few weeks ago, but could not find anything in the Multicharts arena.

thanks for posting this code about the FAMA.

It refers to Fractal Adaptive Mov Avg , right ?

oh, and I changed the < > to a crossing signal which works a little better

thanks
shane

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