EURUSD 15 min algo

// EURUSD 15 min
DEFPARAM CUMULATEORDERS = false
DEFPARAM FLATBEFORE = 100000
DEFPARAM FLATAFTER = 200000

positionsize=1

if time=140000 then
level=highest[2](low)[1]
endif
//
c1= close < dopen(0)
c2= high< dhigh(1)
c3= level > dlow(1) and level > dlow(2)
c4= (dclose(1)-dopen(1))/dopen(1)*100<0.65

ba= average[20](close)
dst = STD[20](close)
Bu = ba + (2 * dst)



c5= ba<ba[1] or high > bu


if c1 and c2 and c3 and c4 and c5 and time<130000 THEN
sellshort positionsize contract at market

endif


if shortonmarket and time=141500 and positionperf(0)*100<0.3 then
exitshort at market

endif


//trailing stop
trailingstop = 30
StartTrailingStopValue = 2
 
//resetting variables when no trades are on market
if not onmarket then
MAXPRICE = 0
MINPRICE = close
priceexit = 0
endif
 
//case SHORT order
if shortonmarket then
MINPRICE = MIN(MINPRICE,close) //saving the MFE of the current trade
if tradeprice(1)-close > StartTrailingStopValue*pointsize then
if tradeprice(1)-MINPRICE>=trailingstop*pointsize then //if the MFE is higher than the trailingstop then
priceexit = MINPRICE+trailingstop*pointsize //set the exit price at the MFE + trailing stop price level
endif
endif
endif
 
//case LONG order
if longonmarket then
MAXPRICE = MAX(MAXPRICE,close) //saving the MFE of the current trade
if close-tradeprice(1) > StartTrailingStopValue*pointsize then
if MAXPRICE-tradeprice(1)>=trailingstop*pointsize then //if the MFE is higher than the trailingstop then
priceexit = MAXPRICE-trailingstop*pointsize //set the exit price at the MFE - trailing stop price level
endif
endif
endif
 
//exit on trailing stop price levels
if onmarket and priceexit>0 then
EXITSHORT AT priceexit STOP
SELL AT priceexit STOP
endif

eurusd-15-min-spread1.jpg