buy at pivot, sell at resistance 1

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  • #89497 quote
    Ron Ht
    Participant
    Junior
    Pivot= (DHigh(1) + DLow(1) + Dclose(1))/3
    Res1 = 2*((DHigh(1) + DLow(1) + Dclose(1))/3) - DLow(1)
    
    if not onmarket and  close crosses over pivot then
    buy 1 contract at market
    sl=low
    sell at sl stop
    endif
     
    if longonmarket then
    sell at sl stop
    endif
    
    
    
    
    if not onmarket and  close crosses over pivot then
    buy 1 contract at market
    res1= 2*((DHigh(1) + DLow(1) + Dclose(1))/3) - DLow(1)
    sell at res1 stop
    endif
    
    if longonmarket then
    sell at res1 stop
    endif

    Hello,

    I would like buy if ‘close crosses over pivot’

    and sell ‘if the close hit the resistance 1’

    I use the ‘low[1]’ of entrybar as stoploss

     

    Who can help me? How can i combine it?

    #89503 quote
    Vonasi
    Moderator
    Master
    Pivot= (DHigh(1) + DLow(1) + Dclose(1))/3
     
    if not onmarket and close crosses over pivot then
    buy 1 contract at market
    res1 = 2*((DHigh(1) + DLow(1) + Dclose(1))/3) - DLow(1)
    sell at res1 limit
    entrylow = low
    set stop ploss (close - entrylow)
    endif
     
    if longonmarket then
    set stop ploss (positionprice - entrylow)
    sell at res1 limit
    endif

    Not tested and written after a couple of glasses of wine!

    #89512 quote
    Ron Ht
    Participant
    Junior
    Pivot= (DHigh(1) + DLow(1) + Dclose(1))/3
     
    if not onmarket and close crosses over pivot then
    buy 1 contract at market
    res1 = 2*((DHigh(1) + DLow(1) + Dclose(1))/3) - DLow(1)
    sell at res1 limit
    sl=low
    sell at sl stop
    endif
     
    if longonmarket then
    sell at sl stop
    sell at res1 limit
    endif

    Thanks for your reaction!

    I change the code to this one^

    It’s look like better.

    #89513 quote
    Vonasi
    Moderator
    Master

    I change the code to this one^ It’s look like better.

    You say tomato and I say tomato.

    #89515 quote
    Vonasi
    Moderator
    Master

    I have moved this topic to the ProOrder Support forum as that is where it should be as it is a strategy coding question. Please try to post in the most relevant forum with future topics.

    #89689 quote
    Ron Ht
    Participant
    Junior
    if not onmarket and close crosses over pp then
    buy 1 contract at market
    Res1 = 2 * PP - lastLow
    sell at res1 limit
    sl=low
    sell at sl stop
    endif
     
    if longonmarket then
    sell at sl stop
    sell at res1 limit
    endif
    
    
     
    if not onmarket and close crosses over res1  then
    buy 1 contract at market
    Res2 = PP + hl
    sell at res2 limit
    sl=low
    sell at sl stop
    endif
     
    if longonmarket then
    sell at sl stop
    sell at res2 limit
    endif

    Thank you!

    I’m struggling now with the next thing.

    I would like the strategy above combine with ‘buy at res1 and sell at res2’

     

    What is the best way  to combine it in one tradingstrategy?

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buy at pivot, sell at resistance 1


ProOrder: Automated Strategies & Backtesting

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Ron Ht @ron_ht Participant
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This topic contains 5 replies,
has 2 voices, and was last updated by Ron Ht
7 years, 1 month ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 01/23/2019
Status: Active
Attachments: No files
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