Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
I am trying to add the conditions in the Strategy Wizard, but I can not find where to tell the system only write one green arrow when all the conditions are full filled.
Can you help answer these questions from other members on NexusFi?
When applying the strategy to a chart you need to set it to only one entry, but because you are having it draw an arrow instead of taking a trade, I am unsure if this is possible from the strategy options.
You could however create a variable, start with it set to 0 and make that variable being 0 a condition of you going long (drawing the arrow), then at the same time you draw your first arrow set it to 1. You would also need to have an opposite condition to set the variable back to 0, basically whatever logic is saying that you should not be long would set the variable to 0.
If I were you, I would just setup the strategy to take a trade, would be much simpler and you could have it take one trade per signal.
I understand the problem... But it looks like on the chart where it print outs the green arrows is wrong.
According to attached screen shot these are the pullbacks it should show, but when I runt the strategy it shows green arrows even when WilliamsR(3) is not oversold...
It looks like the system prints out an arrow if price is above EMA(200) and SMA(10)>EMA(30) does not take into account the WilliamsR(3) condition...
Remember that Stategies are executed at bar close.. Things get very very tricky intrabar, and I would not suggest you even try at this point in your learning curve.. I put together your simple strat in the wizard, as well as adding several parameters that should allow you to tweak along the way without having to go into the strat wizard every single time.. This DOES Execute ORDERS, with a user defineable profit target and stop loss. MAKE SURE YOU ARE IN SIMULATION MODE!!! Import this like any other indicator or strat.. Control Panel - File - Utilities - Import ... I'm not sure your going to like the results of your strategy, but guess we all have to start somewhere.. Don't forget to add slippage in for any backtesting or historical data.. It's very unlikely that I will follow this thread or have time to help any further.. But hopefully this will at least get you thinking and started in the right direction of your journey.. Best of Luck!!!
