Sample code in EFS Guide does not work

[hmmerritt]

Perhaps I am missing something, but it appears the coding for the Sample_TargetStop.efs that is presented in the Guide to Developing EFS Strategies, does not work properly. This study is a simple moving average crossover system, with profit target and trailing stop. It appears to work properly with one exception, it will not stop and reverse at a ma crossover. Other functions of the code appear to work properly.

Is a version of this code available that will stop and reverse?

[eSignal_JasonK]

Hello hmmerritt,

The formula does work, but you're right about the stop and reverse logic. That portion is of the code is not being executed. I'll revisit the code next week and see what I can do.

[eSignal_JasonK]

Hello hmmerritt,

I've updated the code. The stop and reverse logic has been corrected. I've also modified the stop logic a bit to make it a little more realistic. Try the new version, Sample_TargetStop.efs. Keep in mind the the default settings for the profit and stop amounts may need to be adjusted depending on the symbol and interval you're using.

[hmmerritt]

Thank you Jason. I'll give the new code a try.