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Hi there,
Thanks in advance for your help.
Im trying to make an algorithm that buys as the fastEMA crosses above the slowEMA, and then sells 60 seconds later. I can do this successfully, but then it buys again the next bar (because fastEMA is still greater than slowEMA). It keeps doing this over and over.
How do I make sure that it only buys once on the crossover, takes profits/cuts losses, and doesn't buy again until the next crossover?
Thanks for all your help and have a great new year!!!
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Fred Painchaud
Hi Christian,
Here is a simple way added to your algorithm, i.e., using a boolean to signal if it is ok to buy or not depending on if fast went below slow or not.
Fred
Christian Olsen
The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by QuantConnect. In addition, the material offers no opinion with respect to the suitability of any security or specific investment. QuantConnect makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances. All investments involve risk, including loss of principal. You should consult with an investment professional before making any investment decisions.
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