Entry point issue

I have my code running now, but no trades are excuting which makes me think I have something else fundamentally wrong. There should definitely be situations where the EMA 8 is above or belowthe EMA 55 for entry. Added the backtest and an image of code.

Hi Michael,

The reason is because the EMA constructor needs a slight adjustment. Since EMA is already a Moving Average, the constructor does not accept MovingAverageType.Simple as the third argument, so this can be deleted. Here is the reference table for the indicators.

After that, our Forex Brokers currently do not support Stop Limit Orders, so we can replace it with a Stop Order or a Limit Order.

Check out the changes in the attached backtest.

Best,
Shile Wen

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.

Platform

Radically Open-Source Algorithmic Trading Engine

Join Our Discord Channel

Quarterly Open-Source Trading Competition

Draft Discussions

Bookmarked Discussions

SEARCH DISCUSSIONS

373,500 Quants.

VOTE FOR UPCOMING FEATURES

JOIN OUR Community MAILING LIST

IN THIS RESEARCH

PARTICIPANTS

Actions

Join QuantConnect for Free