malibu 

Exactly this

Thanks Malibu. I started doing exactly that and after a lot of reading a online search I figured out a way to do it, but I found a bug or two (minor issue I hope) and then I got carpal tunnel

Thank you for the feedback

Saraf64

Hey guys, I'm basically trying to do the exact same thing as you. I'm looking for MACD crossovers. Seems like I get false readings sometimes.


How would I stop out of the strategy immediately if the play doesnt go in my favor?
The MACD is still crossed over bullish but the price action went bearish.



Also... What is the tradestation ticker for the /ES (S&P 500 FUTURES)???
thanks

I was trying to make a strategy based on only taking buys when theres a macd cross thats also above the zero line.
I was getting false positives.
I dont know what i'm doing
thanks

Quoting 

{ Search Tag: WA-MACD LE } SetStopLoss(1); [IntraBarOrderGeneration = TRUE] inputs: FastLength( 12 ) [DisplayName = "FastLength", ToolTip = "Enter number of bars to use in calculation of shorter length moving average."], SlowLength( 26 ) [DisplayName = "SlowLength", ToolTip = "Enter number of bars to use in calculation of longer length moving average."], MACDLength( 9 ) [DisplayName = "MACDLength", ToolTip = "Moving Average Convergence Divergence Length. Enter the number of bars to use in smoothing the MACD value."]; variables: MyMACD( 0.000 ), MACDAvg( 0.000 ), MACDDiff( 0.000 ); MyMACD = MACD( Close, FastLength, SlowLength ); MACDAvg = XAverage( MyMACD, MACDLength ); { CB > 2 check used to avoid spurious cross confirmation at CB = 2 (at CB = 1, MyMACD and MACDAvg will be the same) } //if CurrentBar > 2 and MACDDiff crosses over 0 then // Buy ( !( "MACD LE" ) ) next bar at market; if (MyMACD > 0.008) and (MyMACD crosses above MACDAvg) then Buy(!("MACD Buy")) this bar 1 shares; {LIMIT} if (MyMACD < MACDAvg) or (MyMACD = MACDAvg) then Sell("MACD Sell") this bar; //print (MyMACD); //print (macdavg); print ("Profit: " , GrossProfit , " Loss: " , GrossLoss , " Losers: " , NumLosTrades , " PercentProfit: " , PercentProfit , "% Total Trades: " , TotalTrades);