RSI and MACD strategy help

[JackColton]

Hi,

Sorry if this has been posted before but I have been searching for 2 weeks and cannot find anything that exactly answers what I am after.

I am trying to build a strategy that will trade after a setup of more than one indicator. I would progressively like to add indicators to the setup to try and minimize false setups.

Basically I am trying to build a custom strategy that will trade on the following conditions;

If
RSI has been below 30
and then
Price > EMA
then BUY

Do I need to look back a certain number of bars? Can I limit this to only trade if this setup has occurred within a certain number of bars?

Thanks
JC

[NinjaTrader_PatrickH]

Hello JC,

Thank you for your post.

You can use the following code to loop through the last 12 bars for the RSI below 30 and then enter if price is below the EMA:

// loop through the last 12 bars to find the RSI below 30
			for(int i = 12; i > 0; i--)
			{
				if(RSI(12, 1)[i] < 30)
				{
					if(Close[0] > EMA(12)[0])
					{
						EnterLong();
						break;
					}
				}
			}

[JackColton]

Thank you Patrick,

I'll give it a go. It's only the first block so I'll more than likely be back in touch