AE Triple Screen Trading System

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Re: AE Triple Screen Trading System

Postby Apprentice » Fri Mar 06, 2020 7:03 am

MACD_Force_Index_Strategy.lua
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Entry and exit logic conflicting with each other. Entry logic includes exit logic
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Re: AE Triple Screen Trading System

Postby foreveryoung » Fri Mar 06, 2020 7:50 am

Alexander Elder suggests two take profit methods. One is, when long, close position once force index in the lower time frame turns from positive negative. Should this method be coded, please include a Yes/No option in the strategy dialogue.

The second method, which makes more sense, is, when long, close position once current bar MACD histogram value < previous bar MACD histogram value, which is The Close On Opposite function.

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Re: AE Triple Screen Trading System

Postby foreveryoung » Fri Mar 06, 2020 9:27 am

Dear Apprentice

Nothing changed, algorithm keeps behaving as before, i.e.

1. When long, strategy closes the position once signaled again (without waiting for force index to turn positive first)
2. When short, strategy keeps creating entry orders, no matter Use Position Limit being activated and set to 1 (it does not closes the positions when signaled again like it does with longs)

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Re: AE Triple Screen Trading System

Postby Apprentice » Mon Mar 09, 2020 7:10 am

Your request is added to the development list.
Development reference 845.
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Re: AE Triple Screen Trading System

Postby Apprentice » Tue Mar 10, 2020 6:26 am

Optional exit parameter added.
MACD_Force_Index_Strategy.lua
(65.89 KiB) Downloaded 21 times
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