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)
Will pay you , If You Code This Idea For Me . . . .
Shall be in running mode from [StartTime] to [EndTime] ;
on a 3-Min ES chart using SMA 14 & EMA 5 ;
enters Long [XY] contracts when the SMA 14 & EMA 5 lines cross where the EMA 5 line (prior to the cross) was below the SMA 14 line and exists all positions when either profit [P] is reached or stoploss [S] is reached ;
enters Short [XY] contracts when the SMA 14 & EMA 5 lines cross where the EMA 5 line (prior to the cross) was above the SMA 14 line and exists all positions when either profit [P] is reached or stoploss [S] is reached ;
Shall not enter into another trade if an existing one is already in progress ;
Shall exist all positions if a trade is still in progress when there are [t] seconds left before reaching the [EndTime] .
So in summary, these are the variables I should be able to set: [StartTime], [EndTime], [XY], [P], [S], and [t].
{attached here is a screen-shot of the idea:
(purple_line is EMA 5 and yellow-orange_line is SMA 14)
}
Please tell me how much you will charge me ?
Thanks in advance,
Jimmy Espana
Can you help answer these questions from other members on NexusFi?
"sharky" & "traderwerks" , both of you are right, to a certain point ...... But like "cory" said, if this idea is 99% rate, that is, it is 99% accurate, then I don't see a problem . Of course, I can't assume that, and that's why I will be back-testing this, if I and/or someone helps me code this idea ; once again, I am willing to pay, so tell me what you guys will charge me .
In my experience, moving average cross strategies simply dont work. There are many reasons why but basically you tend to get whipsawed too much and the indicators lag too much.
Anyway, I quickly coded up a static strategy (i.e. no parameters for optimization) for you just so you can see this in action. You can backtest it against an ES 3 min chart and see what I mean.
I have tried all sorts of optimisations around this basic theme in the past and you really need something more sophisticated.
