I have two WMA, one with a period of 8 and the other 9. I use a cross function to time trades. Today on a 10 minute chart of TFZ8 at 11:19 the WMAs crossed twice in that bar. The up cross closed a short but when the trend turned down it did not give a down cross signal. What about Cross will not let this work as expected within one bar?
This is in an auto trading program. I know it didn't cross as I was tracing the program. I thought it might have to do with blocking trades while I wait for filled status and the number of contracts to equal 0 but when I looked at the trace there was never a down cross when the trend continued down. I never got a short or sell signal. Should I expect Cross to give multiple signals within one bar if they do indeed cross both ways or multiple times within the bar? Thanks, Barry
