Hello all,

I am trying a simple strategy get to work but produces no results.
The simple strategy accesses the past 20 candles information.
Then calculates the 20MA for the volume
compares the current volume to the 20MA volume
and if the value is greater opens a position at market.

Could you please have a look at the attached and advise why this is not working?

Regards,
Lhawk

Hi,

There is a solution to simplify this: the use of Get historical candles block which can handle multiple candle at a time. Please check the attached example.
I had also another idea: Why don't you use an indicator such as "VolumeWAP" with calculation settings applied on Candle Volume and period = 20 ? this will gove approx an idea about the average volume I guess ... This worth testing in my opinion

Thanks !

Hi Amine,

Thanks for the simplified approach.
This is certainly more professional code than my initial algorithm.

However, the issue still stands.
I import and run the strategy, 20 minutes or so passed and no result.
Then I had to manually stop the process.
I am not sure whether this is an algorithm problem or my desktop is acting improperly.

Regards.

Hi,

That's true because I forgot an essential condition: To reset the result of the sum to zero at the end of every cycle of 20 daily candles: this is necessary otherwise the sum keeps increasing endlessly and the average volume will be wrong starting from the 2nd cycle and so forth.

Anyway, this has been corrected as you can see with the "Assign block" let me know if you have any question to understand this logic.