Custom Indicator Crossover Coding
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Hi,
I request for coding a system which I feel should perform well.
Here we would use 2 Custom Indicators Say Custom1 & Custom2.
Custom Indicators would use default values only. Custom indicator I have in mind is HMA. Which I have downloaded on this forum.
I didn't want to mix into the code as I wanted to set the values manually for custom indicators and test accordingly. I have copied the code and created 2 indicators called HMA1 & HMA2. I have set parameters as 10 for HMA1 & 20 for HMA2. Maybe we can use JMA also.
1.Signal on Current Timeframe & Current Pair.
2.Reference on Higher Timeframe say HTF. Options of 1H, 4H, Daily, Weekly.
Buy Signal
(Custom1 Cross Custom2) And (Custom1(HTF) > Custom2(HTF))
Exit Buy
(Custom2 Cross Custom1) And (Custom1(HTF) > Custom2(HTF))
Sell Signal
(Custom2 Cross Custom1) And (Custom1(HTF) < Custom2(HTF))
Exit Sell
(Custom1 Cross Custom2) And (Custom1(HTF) < Custom2(HTF))
Parameters:
1.Execute order on completion of bar.
2.Only one position to be opened.
3.Lot Sizing
4.Trailing Stop Loss
Thanks & Regards
U S Galla