NexusFi: Find Your Edge


Home Menu

 





Help requested for MESA MAMA FAMA indicator function


Discussion in EasyLanguage Programming

Updated
      Top Posters
    1. looks_one Lamboo with 6 posts (2 thanks)
    2. looks_two gpw797 with 5 posts (0 thanks)
    3. looks_3 cbritton with 4 posts (2 thanks)
    4. looks_4 ABCTG with 3 posts (4 thanks)
      Best Posters
    1. looks_one ABCTG with 1.3 thanks per post
    2. looks_two Big Mike with 1 thanks per post
    3. looks_3 cbritton with 0.5 thanks per post
    4. looks_4 Lamboo with 0.3 thanks per post
    1. trending_up 14,865 views
    2. thumb_up 10 thanks given
    3. group 5 followers
    1. forum 21 posts
    2. attach_file 0 attachments




 
Search this Thread

Help requested for MESA MAMA FAMA indicator function

  #21 (permalink)
 Lamboo 
Stockholm
 
Experience: Intermediate
Platform: Nanotrader/ tradestaion
Broker: WHS / TS
Trading: EC / SI / ES / BP
Posts: 19 since Mar 2011
Thanks Given: 8
Thanks Received: 5


ABCTG View Post
Lamboo,

the code trades based on the MAMA FAMA relation. When do you want the strategy to buy and when should it sell short?
If you think it only does the opposite, then change the entry condition. Instead of checking for "If FAMA > MAMA then" for a buy change it to "If FAMA < MAMA then". Do the same for the short entry and you have the entry logic reversed.

Regards,
ABCTG



Ok thanks again, that worked! it didnt give good results in the long run though

Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
NexusFi Journal Challenge - May 2024
Feedback and Announcements
Exit Strategy
NinjaTrader
REcommedations for programming help
Sierra Chart
How to apply profiles
Traders Hideout
Better Renko Gaps
The Elite Circle
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Spoo-nalysis ES e-mini futures S&P 500
41 thanks
Just another trading journal: PA, Wyckoff & Trends
30 thanks
Tao te Trade: way of the WLD
24 thanks
Bigger Wins or Fewer Losses?
23 thanks
GFIs1 1 DAX trade per day journal
21 thanks
  #22 (permalink)
shanemcdonald28
new york
 
Posts: 355 since Mar 2012
Thanks Given: 665
Thanks Received: 582

This works very nicely on renko charts.

On a .14 renko chart on crude, in multicharts with a 600 stop and 800 profit tgt, it tested very nicely.
With some optimization, it could work very nicely.

I read about FAMA a few weeks ago, but could not find anything in the Multicharts arena.

thanks for posting this code about the FAMA.

It refers to Fractal Adaptive Mov Avg , right ?

oh, and I changed the < > to a crossing signal which works a little better

thanks
shane

Reply With Quote




Last Updated on October 7, 2014


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts