4 green bars followed by a very long one

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  • #11943 quote
    Stratus6Stratus6
    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
    #11954 quote
    NicolasNicolas
    Keymaster
    Legend

    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
    #32112 quote
    Stratus6Stratus6
    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 Stratus6Stratus6
9 years, 5 months ago.

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