Hi there,

Is it possible to set the angle of a EMA?

For example in the attached strategy..

I would like the trade to be pushed only if between candle shift7 and candle shift10
the angle of EMA8 is at least 30 degrees.

If it's less than 30 degrees no trade is pushed. If it's 30' or higher the trade is triggered.

Can you please show me how to implement such a "filter".

Cheers.

Oli

Hello Oli,

By using the "Calculation Expression" and "IF" components for trigonometric formulas, a precise result can be achieved.


Cheers!

Hi,

trigonometric functions are indeed available in calculation block expression but I did not used that for such purpose because the need of angle calculation itself is not necessary in my opinion.
Look at the following:



and


Both displaying the same triangle same pair and same EMA. I've just shrunken the price scale and the figure has clearly changed.
I believe the idea of angle calculation could be substituted by calculation if the distance between candles. In your case I would analyze charts where I see such 30° angle and measure the height distance in pips between candle 7 and 10 for instance ..something like this :

Ok guys thank you for the information.

Another question:

Is it possible to have the trade triggered only if:

- The next higher Time Frame's EMA(s) are pointing in the same direction?

This would add some confluence to trend following strategies..

Cheers

Oli

Greetings,

First off, after reading Mr. Chourou's post above, I totally concur with him about using Trigonometry can complicate things (as shown on his screenshots too), while just a simple Algebraic formula of Distance and Time is not only the simplest way but also the most efficient to be used as the calculation logic in your strategy.

Now as for your recent question about Moving Averages and keeping a track of their trend, the most effective way to go about it is by modifying the "Shift" integer when collecting data from any indicator in your strategy. As you may see from the following screenshot of a very simple strategy based on the Simple Moving Average Indicator; there are two candles being analyzed - the Current 10M Candle and the 10M candle before it by including the number 1 into the Shift integer. This method can be used for tracking or checking the Moving Averages over a longer course of past candle periods by adding more indicator components in your strategy and modifying their Shift values.



Based on my own experience with Visual JForex so far, I will share with you that I have overcame most of the challenging issues that I once faced and as well gained a lot of new knowledge by going through the previous forum threads here, especially the strategy examples that Mr.Chourou has attached on any topic.



Cheers!