Hi, I am "playing" with the Signals and trying to become familiar with the automated trading / backtesting aspect of MT. I now have a basic grasp of the process within the compiler and am looking for a simple way to us "if...then" qualifier based on an uptrend or downtrend. For example is there a simple switch to determine an up or downtrend based on MA 50? To further elaborate, I would like to initiate a long trade ONLY when the 50 day moving average is trending.
Thanks,
Jimmy
Market trend qualifier [SOLVED]
- Dave Masalov
- Posts: 1712
- Joined: 16 Apr 2010
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Re: Market trend qualifier
Jimmy,
Please take a look at MovAvg signals - there are several variations.
Please take a look at MovAvg signals - there are several variations.