SCRIP:NIFTYFUTURES
GO LONG WHEN
EMA(CLOSE,7) CROSS EMA(CLOSE,14)
EXIT LONG WHEN
#SIGNAL FAILS
EMA(CLOSE,14) CROSS EMA(CLOSE,7)
OR
#STOPloss
CURRENTPRICE<=BUYPRICE-10PTS
OR
#TARGET
CURRENT PRICE>=BUYPRICE+40PTS
SCRIP:NIFTYFUTURES
GO LONG WHEN
EMA(CLOSE,7) CROSS EMA(CLOSE,14)
EXIT LONG WHEN
#SIGNAL FAILS
EMA(CLOSE,14) CROSS EMA(CLOSE,7)
OR
#STOPloss
CURRENTPRICE<=BUYPRICE-10PTS
OR
#TARGET
CURRENT PRICE>=BUYPRICE+40PTS
As per the above condition
Long
CROSSOVER(EMA(CLOSE,7),EMA(CLOSE,14))
Exit Long
CROSSOVER(EMA(CLOSE,14),EMA(CLOSE,7))
it is not possible to write script based on buy price with tradescript
Thanks a lot for the answer, but how can i achieve this then ?
you can define some condition based on OHLC
as i am new to tradescript, can you give an example plz ?