I have my strategy set however I would like to test entering trades when a candlestick crosses over the hma49 by a specific amount of ticks. Such as 4. Can I make this an input so I can adjust the amount of ticks above the hma49 ? This would be great for testing. I'm sure there must be a way to code this but I have googled and tried many times and can't figure it out. Any help on this one would be so awesome. I'm without a way to get there on my own.
//@version=4
strategy ("15MinChart400", overlay=true)
hma23 = hma(close, 23)
hma49 = hma(close, 49)
hma16 = hma(close, 16)
hma200 = hma(close, 200)
hma400 = hma(close, 400)
CO = crossover(hma49, 4 * syminfo.mintick)
long = CO and close >= hma49
exitLong = close <= hma49
//Second Attempt and now in need of Candlestick lookback
hma49 = hma(close, 49)
ticks = input(4)
tickPrice = hma49 + ticks * syminfo.mintick
lookback = input(4, "Candlestick Lookback")
CL = close[lookback]
long = crossover(close,tickPrice) and crossover(close,hma49) and CL
exitLong = close <= hma49
This was my attempt but it doesn't work.
Any help would be greatly appreciated!
Big thanks,
Paul
With the crossover, you'll want to evaluate when the close price has crossed over the hma49 value + ticks.
ticks = input(4)
hma49 = hma(close, 49)
tickPrice = hma49 + ticks * syminfo.mintick
long = crossover(close, tickPrice)
exitLong = close <= hma49
strategy.entry(id = "enter long", long = true, when = long)
strategy.close(id = "enter long", when = exitLong)
Or if you were looking at evaluating whether the price crossed over the hma + ticks during the bar, but closed anywhere above the hma you would use
long = open < tickPrice and high > tickPrice and close >= hma49