EMA uptrend, Close below, Breakout above High

Author: wjgomes

Creation Date: 4/21/2020 11:30 PM

Wealth Lab » Trading Strategies » EMA uptrend, Close below, Breakout above High

wjgomes

4/21/2020 11:30 PM

Hi guys, please can anyone help me with how to test this strategy in the wealth lab?
Setup EMA 9.2

1) Find a stock with 9 EMA uptrend.
2) Wait for a close below the last candle low and mark the high of it candle.
3) If the price doesnt across the high, mark the next high.
4) Buy when the price cross the mark.
5) Stop-loss in the low of the marked candle.
Thank you

Eugene

4/22/2020 5:16 AM

Welcome to the forums Willian.

Here you go:

CODE:
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Welcome to the forums Willian.

Here you go:

[code]using System;
using System.Collections.Generic;
using System.Text;
using System.Drawing;
using WealthLab;
using WealthLab.Indicators;

namespace WealthLab.Strategies
{
	public class wjgomes_20200422 : WealthScript
	{
		private StrategyParameter paramUp;

public wjgomes_20200422()
		{
			paramUp = CreateParameter("Uptrend, bars", 1, 1, 20, 1);
		}
		
		protected override void Execute()
		{
			//1) Find a stock with 9 EMA uptrend.
			//2) Wait for a close below the last candle low and mark the high of it candle.
			//3) If the price doesnt across the high, mark the next high.
			//4) Buy when the price cross the mark.
			//5) Stop - loss in the low of the marked candle.

var ema = EMAModern.Series(Close, 9);
			bool closeBelow = false;
			int setupBar = -1, uptrendBars = paramUp.ValueInt;
			double markBar = 0, stopLoss = 0;

for(int bar = GetTradingLoopStartBar(uptrendBars); bar < Bars.Count; bar++)
			{
				bool emaUptrend = ema[bar] > ema[bar - uptrendBars];
				if (!closeBelow)
				{
					closeBelow = Close[bar] < Low[bar - 1];
					if (closeBelow)
					{
						setupBar = bar;
						markBar = High[setupBar];// + Bars.SymbolInfo.Tick;
						stopLoss = Low[setupBar];// - Bars.SymbolInfo.Tick;
					}
				}
								
				if (IsLastPositionActive)
				{
					SellAtStop(bar + 1, LastPosition, stopLoss, string.Format("SL: {0}", stopLoss));
				}
				else
				{
					if(closeBelow)
						if( BuyAtStop(bar + 1, markBar, string.Format("Setup bar: {0}", setupBar)) != null)
							closeBelow = false;
				}
			}

PlotSeries(PricePane, ema, Color.Blue, LineStyle.Solid, 1);
		}
	}
}[/code]