4 green bars followed by a very long one

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  • 08/20/2016 at 2:14 PM #11943 quote
    Stratus6
    Participant
    Junior

    I’d be really grateful for any assistance as to why this simple code doesn’t work. Above is a screen shot of the eur/usd showing 4 green bars followed by a very long one. All I want the code to do is detect 3 consecutive green bars – the final one of which is a large multiple of the one before – e.g. 5x then sell. Thanks all Linden

    c1 = (Close[1] - Open[1]) > 5*(Close[2] - Open[2])
c2 = (Close[3]) > Open[3] )
IF c1 and c2 THEN SELLSHORT 1 lot at market

endif
    screen-shot-at-14712708204plc81.png screen-shot-at-14712708204plc81.png
    08/20/2016 at 3:41 PM #11954 quote
    Nicolas
    Keymaster
    Master

    Hi stratus,

    Not tested, but it would operate properly I believe:

     

    c1 = summation[4](close>open)=4
c2 = range>range[1]*5

if c1 and c2 then 
 SELLSHORT 1 LOT AT MARKET 
endif
    Wing thanked this post
    04/15/2017 at 11:10 AM #32112 quote
    Stratus6
    Participant
    Junior

    Many thanks Nicolas, this works well.

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4 green bars followed by a very long one


ProOrder: Automated Strategies & Backtesting

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Stratus6 @stratus6 Participant
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This topic contains 2 replies,
has 2 voices, and was last updated by Stratus6
8 years, 10 months ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 08/20/2016
Status: Active
Attachments: 1 files
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