Index Filter modification issues

[TrentRothall]

I am trying to test a small change to the index filter discussed in the course. It is just if the Close of the index is above the MA(100) or MA(30) to try to remove a bit of the lag that a longer term MA can have. It should be simple i thought but i am just getting a true reading all the time even when the conditions aren’t met.

Code:

IndexTog = ParamToggle(“Index Filter”,”On|Off”,0);
IndexCode = ParamStr(“Index Symbol”,”$XAO.asx”);
Index = Foreign(IndexCode,”C”);
IndexMA = Param(“Index MA”,100,20,200,5);
IndexMA2 = Param(“Index MA 2”,30,20,200,5);
IndFiltUp = Index > (MA(Index,IndexMA) OR MA(Index,IndexMA2));
IndexUp = IIf(IndexTog,1,IndFiltUp);

Am i missing something simple here?

[Stephen James]

Trent

Perhaps try Filter = Index > MA1 OR index > MA2

[TrentRothall]

Thanks Craig, that worked

[SaidBitar]

on the weekly trend following system i use one period for the index MA but i introduced three stages
[ol]
[li]close above MA and close > ref close, -1 then i can take positions[/li]
[li]close above MA close < ref close, -1 no BUY[/li]
[li]close bellow MA tighten the trailing stop[/li]
[/ol]

[TrentRothall]

that sounds interesting Said. This is for a MR system so keen to try and get the first upswing even if its only short lived. See how it goes!

[Author]

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