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EMA Cross - first algo test

Posted: Mar 14 2017
by frugalmule
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.

Re: EMA Cross - first algo test  [SOLVED]

Posted: Mar 16 2017
by darob
Hi frugalmule, have you looked at the stock MovAvg2Line_Cross entry signals? Swapping out the simple moving average functions for exponential may be a good way to get started.