Kindly provide the code for the below strategy in 1 minute chart.
If the price crosses and close above from below of 5 SMA, and buy after high of 3rd highest candle after crossing 5 sma
If the price crosses and close below from above of 5 SMA, and sell after low of 3rd Lowest candle after crossing 5 sma.
Thanks.
As per the above condition
Buy Script:
CROSSOVER(CLOSE,SMA(CLOSE,5)) AND HIGH > REF(HIGH,1) > REF(HIGH,2)
Sell Script:
CROSSOVER(SMA(CLOSE,5),CLOSE) AND LOW < REF(LOW,1) < REF(LOW,2)
The Code provided by AlgoGeek has error.
Please try below given codes
Buy :
CROSSOVER(CLOSE,SMA(CLOSE,5)) AND HIGH > REF(HIGH,1) AND HIGH> REF(HIGH,2)
Sell :
CROSSOVER(SMA(CLOSE,5),CLOSE) AND LOW < REF(LOW,1) AND LOW< REF(LOW,2)
Thanks
Hi AlgoGeek,
This script is showing an error while back testing; and not generating any buy or sell signals.
some thing is missing?
Thanks
please try to backtest with more historical data., alerts come only if pattern matchs… above is as per your condition