Comment on Code your Technical Analysis strategy

Nithin Kamath commented on 30 Jul 2013, 01:25 PM

Banti,

Thanks for pointing out the issue, get our tech team to look at this.

As far as your queries go:

Buy expression:

EMA(Close,3)>EMA(Close,6) AND EMA(Close,6)>EMA(Close,9) AND MACD(26,13,9,EXPONENTIAL)>MACDSIGNAL(26,13,9,EXPONENTIAL) AND RSI (CLOSE, 14) >54

Buy exit is correct

Sell:

EMA(Close,3)<EMA(Close,6) AND EMA(Close,6)<EMA(Close,9) AND MACD(26,13,9,EXPONENTIAL)<MACDSIGNAL(26,13,9,EXPONENTIAL) AND RSI (CLOSE, 14) < 45

Sell exit is correct.

Other parts to your query:

A. It will show pop up for exit condition.

B. Stop loss will get cancelled by the system, when exit order gets traded

C. I am little confused on this, if what you are asking is that if SL is already hit, will your buy condition again give a sell, it won’t.

Hope this clarifies.

Cheers,

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