Automated trading system template

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    paulonpaulon
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    I would like to create a auto trading template that will allow me to easily change variables and compare results.

    I have tried following posts here and the ProRealTime manuals but frankly I just seem to get more confused!

    To reduce false entries I want to use 2 bands for entries which are 50% of the daily range above and below each bar as follows:

    upper-band = high + ((high – low) * 0.5))

    lower-band = low – ((high – low) * 0.5))

     

    This is what I want. (Long trade example)

    If the various Long conditions c1, c2, c3 are met, a long trade will be entered if the price breaks above the upper-band level.

    The initial Stop Loss is NS points below the entry level. (I want to use points not lots)

    The Stop is moved to break even if the lower-band crosses above the entry level.

    If the Stochastic 14,3,3 is overbought, the Parabolic SAR (default values) is used as a trailing stop.

    Thank you in advance for your help!

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Automated trading system template


ProOrder: Automated Strategies & Backtesting

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Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 01/31/2018
Status: Active
Attachments: No files
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