ema 50 cross below ema 200

[LadyDolares]

Hello there,
I need your help..
There will be 2 moving averages. Ema 50 Ema 200..
1- When ema 50 cuts ema 200 down, we wait for the candle to touch ema 50, then we open a 65 pip sl /tp sell transaction if the color of the new candle opened after the candle is touched is red and the candle ema is below 50.
please please help me

[TipsyWisdom]

logically thats...
MA50 below MA200.
C2 high over MA50.
C1 open over MA50.
C1 is bear candle.
Sell now. 65pip SL/TP.

?

[LadyDolares]

@jsauter86 Is it possible to do it as a project?Much Appreciated.

[jstap]

In this link you will find how to create a loop, at the point of ma's crossing it will start to count candles, this will give you a good start on what you are trying to achieve.
link text

[TipsyWisdom]

@jstap doesnt sound like she needs to count candles.

are the MAs where they are supposed to be when c2 is over ma 50 and c1 opened over ma50.

I dont think I'd ever build an EA that counts candles, if youre building something that specific it probably wont work...and if it does, it wont be often

[LadyDolares]

@jsauter86 I think , need to define a variable.

[jstap]

@jsauter86 There is different ways to work out a cross, but I find using a loop allows you to check number of candles and change if required, giving another confirmation to weather the trade is worth taking, as for being specific to me that is one of the must have's when building an EA.

[TipsyWisdom]

@jsauter86 @LadyDolares

Alright, in my logical interpretation of what you wrote, can you specify the part of your drawing that says, "after X # of candles"

[TipsyWisdom]

"1- When ema 50 cuts ema 200 down",
this means, 50 EMA is below 200 EMA.

"we wait for the candle to touch ema 50, "
Candle high above EMA 50.

"then we open a 65 pip sl /tp sell transaction"
65 pip sl and tp, sell now.

"if the color of the new candle opened after the candle is touched is red"
touched candle is a bear candle

"and the candle ema is below 50."
candle is below ema 50.

if this is not the case, redraw your picture to show where you need to wait and specify how long you want to wait....or perhaps theres some other logic that you're looking for.