V14:3 (138-140): Traders' Tips

TRADERS' TIPS

TRADESTATION

Alex Saitta's simple method of confirming a price cross of the moving average with an increase in volume ("A price-and volume-based system," elsewhere in this issue) is equally simple to test with both SuperCharts and TradeStation. The code below should be written in the quickeditor. Type the corresponding line of code into the condition box of the editor and select the enter or exit on close order; be sure to define the two inputs. The first input of length will have a default of 20 to represent the length of the moving average, while the second input is length2 with a default of 10, the average of the volume.

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