buy at pivot, sell at resistance 1

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01/23/2019 at 8:22 PM #89497 quote

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?

01/23/2019 at 9:43 PM #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!

01/23/2019 at 10:26 PM #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.

01/23/2019 at 10:53 PM #89513 quote

Vonasi

Moderator

Master

Ron Ht wrote:

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

You say tomato and I say tomato.

01/23/2019 at 10:56 PM #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.

01/26/2019 at 12:58 PM #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?