EMA fade entry question:
Spent many hours this past week searching for EasyLanguage example on how to create an entry/fade off an EMA. Not a crossover entry, but rather limit order 1 tick above or below the EMA when price returns to the EMA from above or below.

I am trading futures and have limited programming experience.

Any help is truly appreciated in advance...

Thanks,

EM

ernmen 

EMA fade entry question: Spent many hours this past week searching for EasyLanguage example on how to create an entry/fade off an EMA. Not a crossover entry, but rather limit order 1 tick above or below the EMA when price returns to the EMA from above or below. I am trading futures and have limited programming experience. Any help is truly appreciated in advance... Thanks, EM

Without more specifics I can't help more than saying define your entry price and use a buy limit order.

 

Code

input: length(20); value1 = xaverage(close, length) + minmove * 1 points; if marketposition <> 1 then buy n contracts next bar at value1 limit;

kjhosken 

Without more specifics I can't help more than saying define your entry price and use a buy limit order.   Code input: length(20); value1 = xaverage(close, length) + minmove * 1 points; if marketposition <> 1 then buy n contracts next bar at value1 limit;

This is great - thanks!

ernmen 

EMA fade entry question: Spent many hours this past week searching for EasyLanguage example on how to create an entry/fade off an EMA. Not a crossover entry, but rather limit order 1 tick above or below the EMA when price returns to the EMA from above or below. I am trading futures and have limited programming experience. Any help is truly appreciated in advance... Thanks, EM

Are you on TS or MC?

kjhosken 

Without more specifics I can't help more than saying define your entry price and use a buy limit order.   Code input: length(20); value1 = xaverage(close, length) + minmove * 1 points; if marketposition <> 1 then buy n contracts next bar at value1 limit;

James11 

Are you on TS or MC?

I am using TS