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Re: AE Triple Screen Trading System

PostPosted: Fri Mar 06, 2020 7:03 am
by Apprentice
MACD_Force_Index_Strategy.lua
(65.62 KiB) Downloaded 134 times

Entry and exit logic conflicting with each other. Entry logic includes exit logic

Re: AE Triple Screen Trading System

PostPosted: Fri Mar 06, 2020 7:50 am
by foreveryoung
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.

Regards Nik

Re: AE Triple Screen Trading System

PostPosted: Fri Mar 06, 2020 9:27 am
by foreveryoung
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)

Regards
Nik

Re: AE Triple Screen Trading System

PostPosted: Mon Mar 09, 2020 7:10 am
by Apprentice
Your request is added to the development list.
Development reference 845.

Re: AE Triple Screen Trading System

PostPosted: Tue Mar 10, 2020 6:26 am
by Apprentice
Optional exit parameter added.
MACD_Force_Index_Strategy.lua
(65.89 KiB) Downloaded 144 times