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Using MACD for closing open trade
mrlfx
 Post subject: Using MACD for closing open trade Post rating: 0   New post Posted: Wed 09 Mar, 2016, 05:06 
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I have a strategy in which I use MACD to close trade when histogram is equal to 0. But close command is not executing. Where is the logic wrong?

Logic:

1. if Open position is greater than 0 (MyOpenPositions =0), then
2. if macdHist11 equals 0 (MACDLevel0 = 0), then
3. close BUY(out values Open at market buy = BUY) or close SELL (out values of Open at Market sell = SELL)



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amine_chourou
 Post subject: Re: Using MACD for closing open trade Post rating: 0   New post Posted: Wed 09 Mar, 2016, 11:31 
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mrlfx
 Post subject: Re: Using MACD for closing open trade Post rating: 0   New post Posted: Wed 09 Mar, 2016, 12:13 
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OK.
How will the logic be like if open trade is to get closed when macdhist equals or around zero line or something similar.
 
amine_chourou
 Post subject: Re: Using MACD for closing open trade Post rating: 1   New post Posted: Wed 09 Mar, 2016, 15:16 
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Quote:
macdhist equals or around zero line or something similar


This needs to be expressed in terms of math and you'll get it !

Example
-0.000050<macdhist<+0.000050 and you express this in 2 IF blocks
 
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