Code Strategy in Tradescript

Algos, strategies, code
1

Logic is given below in steps:

  1. calculate average of high, low, close - say A

  2. calculate EMA of A for a period of 10 - say B

  3. calculate absolute value of (A-B) - say C

  4. calculate EMA of C for a period of 10 - say D

  5. calculate C/(D*0.1) - say E

  6. calculate EMA of E for a period of 21 - say T1

  7. calculate SMA of T1 for a period of 4 - say T2

​Buy when T1 crosses T2 OR the moment when (T1-T2) becomes positive

Sell when T2 crosses T1 OR the moment when (T1-T2) becomes negative

Thanks in advance.

2

AS PER ABOVE CONDITION

BUY:

SET A = AVG(CLOSE, 10) + AVG(HIGH, 10) + AVG(LOW, 10)
SET B = EMA(A, 10)
SET C = ABS(A - B)
SET D = EMA(C, 10)
SET E = C/(D*0.1)
SET T1 = EMA(E, 21)
SET T2 = SMA(T1, 4)
CROSSOVER(T1, T2) OR T1-T2

SELL:

SET A = AVG(CLOSE, 10) + AVG(HIGH, 10) + AVG(LOW, 10)
SET B = EMA(A, 10)
SET C = ABS(A - B)
SET D = EMA(C, 10)
SET E = C/(D*0.1)
SET T1 = EMA(E, 21)
SET T2 = SMA(T1, 4)
CROSSOVER(T2, T1) OR T2-T1
3

Are you saying to take avg on high,low,close separately?

4

Yes. Average to be taken for each day and then ema to be calculated of this average for 10 days…
hope this clears.

5

Awaiting revert. Thanks…