Here you are … you may find some good info on here.
IG replied back saying they had been having problems … yeah right!!?? 🙂
https://www.prorealcode.com/topic/bots-stopped-could-not-confirm-status-of-last-order/
Do you know the trader benoit rousseau? https://www.andlil.com/
c is a manual sclaper trader. Very very very impressive.
I read his book and he focuses on closing candles that closes with a dish at the base. No downing wick + 3 consecutive candles that closes without wicks before entering. it calls ca “a flat candle”… maybe the translation doesn’t work.
Maybe it’s a trail to dig, but how do we code this?
candles that closes with a dish at the base.
Maybe similar to a cup with handle formation?
You should open a new Topic and write a specification and a Coding Wizard may help you code it??
I already tried a strategy based on heikin Ashi and her method.. Benoist trades under 100T..
it doesn’t work ..
I prefer to base myself on the candle in its pure representation.. heikin is a smoothing, not really dynamic .. these candles can hide a lot inside the smoothing…
@Grahal
in the detail of the rejected list of PRT, i found a detailed message
“Another order may be in progress on the same position”
I don’t know how it is possible !
at least 20 rejections with the same problem, .. too bad !!
result today
PRT (or more likely IG) does not allow 2 orders in the same direction on the same Instrument on the same Account at the same time!
So you must have another System running that tried to take the same trade at exactly same time??
Oh yes, thanks ! after checking.
i knew this rule .. maybe you are right, 2 similar strategy (candle) having taken at the same time
@Paul
About your strategy, did you test with Multi TF in order to define the trend ? what is your default TF used for this strategy ?
After testing, i imagine that was 5 minutes ?
Regarding my strategy in progress, i use Multi TF and for the moment it’s ok. The up or downtrend on a higher timeframe could improve your strategy, i think
PaulParticipant
Master
Yes it’s indeed a necessity to trade in the trend.
I only use this on 10 seconds TF.
av=ExponentialAverage[20](close)
For not buying at the top I use this
timeframe (5 minute)
if barindex>1 and range>0 then
hh5=high
ll5=low
endif
TIMEFRAME (default)
condbuy=condbuy and high<hh5
But I’am struggeling with an error, happens after the position is taken and active.
Also a point I overlooked. Since we have quick exit with the trailing stop. No exits could also happen because the stop was too close. So got to write something that if the stop wasn’t activated , it exits next bar the open. I wrote something in barhunter for that, but because of the error I don’t know if it’s related.
PaulParticipant
Master
maybe it was because I used undefined in the code. I rewrote a few exits. Now it’s running.
Yours results look very good btw. Perhaps my trenddetection could be better!
Ok Paul,
what is the message in english ? 😉
on my side, for the TF 1S default, i use 1mn and 30mn
the difficulty for small timeframe is to find the best way to have a great exit condition for long and short, under 1S
For the moment, i’m not satisfied…
PaulParticipant
Master
The system has stopped because an error occurred. It’s still running after the changes though. Let’s see what happens tomorrow.
I haven’t tested my system on 1 sec for while, always 10s default. Will take a look at 1 sec again.
My exit conditions are only the trailingstop. The same ts I use on nasdaq/sp500/dow jones and all in the same time range with the same stoploss of 0.5%. The focus is to have a good entry but next is how to exit a bad entry without getting out of good entries too! Still work to do 🙂
As you said, still work to do.. 😉
yes, exit position is not easy but this timeframe can allow to gain quickly in intraday and to have easily btw 5 to 10% per day.
I think a very small tp is a way. if the strategy win all the time (good ratio), positionsize can be increased
currently i’m looking for statistics on candle pattern.. and looking for a percentage of chance that a pattern will appear
I have the same problem with another strategy on TF 1S
if trailing stop is not the best way, for the moment, i think only the analysis of a candle of a higher timeframe is the way for the exit..
do you agree ? i checked dozens of indicators, nothing works correctly with this TF
