2 Candle Catapult Strategy

• 08/08/2018 at 4:09 PM #77789
  Marc

  Hi together,

  here is another idea and hope that somebody can help how to code this.

  Let me try to explain how the system should work with attached Screenshot.

  Rgds
  Marc

  

  Marc

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  08/08/2018 at 4:16 PM #77791
  Marc

  I think the movement of intracandle is relevant.
  I’ve forgot to mention that pending order must be deleted if current candles low is not touching/triggering Sell Order of previous candle.

  Again thanks

  

  Marc

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  08/09/2018 at 10:25 AM #77841
  Marc

  Anybody an idea?

   

  

  Marc

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  08/09/2018 at 11:22 AM #77846
  Nobody

  what parameter identifies the first candle  ?  OR is that any candle       Edit also 2nd candle is an outside bar that appears to close inside body of first candle  , I am not sure you are being specific enough  

   

  2nd edit scratch all that , im not getting it at all 

  

  Nobody

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  08/09/2018 at 11:29 AM #77847
  Vonasi

  You are making decisions while candle 2 is still forming. You would need to use MTF to trade in a faster time frame to establish whether the conditions have been met of price going above the high of the first candle before the order is put to the market at the low. 

  

  Vonasi

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  08/09/2018 at 1:37 PM #77867
  Marc

  Thank youVonasi
  …and this feature is currently not available with Live Platform of PRT, right?

   

  

  Marc

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  08/09/2018 at 7:13 PM #77893
  GraHal

  Marc wrote:

  and this feature is currently not available with Live Platform of PRT, right?

  Kind of  … if you use MTF.

  Read up on MTF or check out an MTF System and then read up! 🙂 

  

  GraHal

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  08/09/2018 at 11:46 PM #77914
  Vonasi

  Marc wrote:

  …and this feature is currently not available with Live Platform of PRT, right?

  Correct – but I heard a rumour that it might now actually be working in live trading – but I’d rather hear from others that it is truly is before using my own real money on it – but then again I’m risk averse.

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  Marc

  

  Vonasi

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