Quick-tip 54 | Modify tutorial 16 to use moving average rather than stochastics
2 years ago
41
Quick-tip 54 is TradeStation EasyLanguage tutorial that demonstrates a way of modifying tutorial 16 (https://markplex.com/free-tutorials/tutorial-16-tradestation-strategy-candlestick-patterns-stochastic-crossovers/) to use moving averages rather than stochastics.
Tutorial 16 looks for candlestick patterns, using the TradeStation standard functions, and if a certain stochastic pattern occurs enters or exits a trade. The program also uses the standard SetProfitTarget and SetProfitLoss functions.
Quick-tip 54 retains the stochastic functionality but also introduces an option to test for inequalities between 3 moving averages.
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