2 Candle Catapult Strategy

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  • 08/08/2018 at 4:09 PM #77789 quote
    Marc
    Participant
    Average

    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

    2-Candle-Catapult.jpg 2-Candle-Catapult.jpg
    08/08/2018 at 4:16 PM #77791 quote
    Marc
    Participant
    Average

    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

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

    Anybody an idea?

     

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

    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 

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

    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. 

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

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

     

    08/09/2018 at 7:13 PM #77893 quote
    GraHal
    Participant
    Master
    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! 🙂 

    08/09/2018 at 11:46 PM #77914 quote
    Vonasi
    Moderator
    Master
    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.

    Marc thanked this post
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2 Candle Catapult Strategy


ProOrder: Automated Strategies & Backtesting

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Marc @mast83 Participant
Summary

This topic contains 7 replies,
has 4 voices, and was last updated by Vonasi
7 years, 6 months ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 08/08/2018
Status: Active
Attachments: 1 files
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