Average of Averages Strategy

[Apprentice]

The strategy shows, when Average of Averages change slope.

Average of Averages Strategy.lua

(18.85 KiB) Downloaded 1219 times

To work, install both indicator.
Average Of Averages
viewtopic.php?f=17&t=2698&p=6154&hilit=averages#p6154
and Averages
viewtopic.php?f=17&t=2430&p=5705&hilit=averages#p5705

[Ancient]

Some Insight will be appreciated!

In Strategy Properties Window, what do the Settings listed below refer too:

Set Limit Orders: Yes / No
Set Stop Orders: Yes /No

And what is the approach if one decides to use these options?

Thanks
Ancient

[Ancient]

Why does the Strategy interfere with Positions previously Placed Manually? Is it not Possible for the Strategy to Monitor its own positions?

I had an Open Position which I manually placed myself. When the Strategy got a signal to enter the market, it closed my position as it decided I was in the wrong direction and then placed a new position in the opposite direction. Only to close this position 30 seconds later and re-enter in the direction the manual position was originally placed.

Is it not Possible for the Strategy to Monitor its own positions only? i.e. NOT TO INTERFERE WITH POSITIONS EITHER PLACED BY OTHER STRATEGIES OR MANUALLY

[Ancient]

Suggestion / Request: Is it possible to add the options Listed below:

Trade Direction.........................: Long Only
...........................................:Short Only
...........................................: Long & Short
Close Position on Opposite Signal....: Yes / No
If either Long Only or Short Only is Selected

[Fortunelost]

Dear Apprentice,
Thank you for all the postings.
One suggestion please, your team is being asked to make many changes to indictors that your followers request, I now have a collection of these indicators which I test when time permits, but there is a problem; how do i know what is the most current version as you make small and fine adjustments on users comments, but still have the same indicator name.
May i suggest you write the version number after the indicator name so that we know we are up to date.
Best regards, nadir

[macogi37]

Hi, I tried to test this strategy but does not work, get this error: [string 'Average of Averages Strategy.lua']: 128: Unsupported
I use MarketScope 2.0 with the latest update of TS, can anyone help me?
Thanks

[Apprentice]

I tested this strategy and everything works as expected.
I contacted the development team to find the cause of this.

[macogi37]

Thanks, I will wait the news about this strategy and about my problem, I think it is a good strategie...

[Nikolay.Gekht]

Hi, I tried to test this strategy but does not work, get this error: [string 'Average of Averages Strategy.lua']: 128: Unsupported
I use MarketScope 2.0 with the latest update of TS, can anyone help me?
Thanks

I tried to reproduce the situation unfortunatelly, with no success.

Could you please check a few things for me to find a reason fo the problem faster:
1) Check whether the version of the trading station is 1.10.010311?
2) Is this version installed or updated from a previous version?
3) Do you "test strategy" or "add a strategy"?
4) Is Trading Station logged in?
5) If so - what is the name of the server you are connected to (it is shown in the TS status bar, next to lock icon and before the user name).
6) What is the instrument and time frame you choose?

[macogi37]

Hello, is not to believe, but today I tried again and the test worked!
I can not believe it!
However, the test did not work yesterday so I did not put the strategy, first wanted to test, but today everything magically works perfectly, strange that! With these machines there is always surprising.
Anyway thank you for your interest...