EMA Cross - first algo test
Posted: Mar 14 2017
I need to build and test my first algorithm using multicharts.net.
I'm looking to trade options on spy using a well known charting indicator called the Exponential Moving Average.
RULE (long entry and exit): Using 1 minute bars, I am looking to buy the nearest month ATM call option on SPY when the EMA 10 crosses above the EMA 30 and exit when it crosses below.
Assistance is greatly appreciated.
I'm looking to trade options on spy using a well known charting indicator called the Exponential Moving Average.
RULE (long entry and exit): Using 1 minute bars, I am looking to buy the nearest month ATM call option on SPY when the EMA 10 crosses above the EMA 30 and exit when it crosses below.
Assistance is greatly appreciated.