Hi guys,

I have been working on this strategy for a few days now. It is pretty straight forward.
It is just a moving average crossover, with a RSI filter. PLA is just a special moving average
Just buy when PLAFast is above PLASlow, and RSI is above 60
Close buy when PLAFast closes below PLASlow
Short when PLAFast is below PLASlow , and RSI is below 40
close short when PLASlow closes above PLAFast .

I have a series of if statements, but I must be doing something wrong. It just chooses the first short statement, and nothing else happens.

Any Suggestions? I am totally stuck.




Inputs:
price(close),
PLAf(10),
PLAs(100),
RSILength(14),
RSIstrengthBuy(60),
RSIstrengthSell(40),
BuyDelta(0.00),
SellDelta(0.00),
antirev_on(false),
antirev_per(.25),
StopLossPoints(1000);


Variables:
pla1(0.0), pla2(0.0), RSIValue(0.0);

pla1= pla_pw(price,PLAf,antirev_on,antirev_per);
pla2= pla_pw(price,PLAs,antirev_on,antirev_per);
RSIValue=RSI(close, RSILength);
//gets pla fast and slow


{long 1 contracts at price if PLAf is above PLAs}
if CurrentBar > 1 and pla1 > pla2 and RSIValue > RSIstrengthBuy and marketposition = 0 then begin
Alert( "Fast PLA Crossover, RSI Stable" ) ;
Buy ( "PLA Crossover" ) 1 contracts next bar at (price) limit;
{Sets the stop loss in dallars}
SetDollarTrailing(StopLossPoints);

end;

If CurrentBar > 1 and pla1 < pla2 and marketposition = 1 then begin
Sell ("PLA Long Close") from entry("PLA Crossover") 1 contracts next bar at market;
end;

{short 1 contracts at price -BuyDelta if PLAf is below PLAs}
if CurrentBar > 1 and pla1 < pla2 and RSIValue < RSIstrengthSell and marketposition = 0 then begin
Alert( "Fast PLA Crossover, RSI Stable" ) ;
Sell Short ( "PLA Crossunder" ) 1 contracts next bar at (price) limit;
// {Sets the stop loss in dallars
SetDollarTrailing(StopLossPoints);
end;

//exit short when PLA closses above price.
If CurrentBar > 1 and pla1 > pla2 and marketposition = -1 then begin
Buytocover ("PLA Short Exit") from entry ("PLA Crossunder" ) 1 contracts next bar at market;
end;

Narf9900,

when you say "It just chooses the first short statement, and nothing else happens.", what does this mean exactly? Can you show a screenshot demonstrating this behavior and also showing what it should do instead?

I would suggest to add print statements to your code to give you the ability to check the values of your variables on each bar. This will help you understand what is going on in your code.

Regards,

ABCTG