Breakout Brent crudeoil "copy paste/adjusted"

• 10/20/2017 at 7:06 PM #50086
  reb

  Hi Kenneth

   

  you forgot the pic attched 😉

  

  reb

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  10/24/2017 at 8:12 PM #50413
  Kenneth Kvistad

  Oh.. I meant the pic. I posted earlier. But here is the same strategy just reseant update 24. october.2017

  

  Kenneth Kvistad

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  11/04/2017 at 12:59 PM #51462
  Kenneth Kvistad

  update

  5 users thanked author for this post.

  Yannick, AsgerK, jebus89, Andyswede, Despair

  

  Kenneth Kvistad

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  11/09/2017 at 12:42 PM #52111
  jebus89

  Hi Kenneth, ive tried to reach out via facebook but no response 🙂 Letting you know here just in case you havnt seen it 🙂

  If you dont want private contact that is of course no problem!

  I’ve been looking at the NQ, and it seems that Long trades are much more profitable then the short ones. but both should be run obviously. Have you considered doing say for example 3 contracts on long trades and 1 on short trades? Or do you have any similar money management strategies for it? 🙂

  

  jebus89

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  11/09/2017 at 7:14 PM #52167
  Yannick

  Hello Jebus

  If you analyse the price of Brent,there is a strong bullish bias : Brent and WTI are in a head and shoulders pattern and the target is not reached yet.

  Once the target will be reached, short trades might be more profitable ( I guess).

  For me there is no reason to modify the money management (execpt if you want to stop the algorithm once the target of head and shouders is reached).

  Regards

  

  Yannick

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  11/09/2017 at 8:04 PM #52173
  jebus89

  Yannick: i was thinking about the code for nasdaq 🙂 stock indicies tend to trend up in the long run

   

  But thanks for the input!

  

  jebus89

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  11/19/2017 at 12:47 AM #53217
  Kenneth Kvistad

  Hi. 

  I have Asked before to help impliment avrage down too my exsisting brent crude 5min strategy. Dispair made one but he implimented other stuff AS ATR stop and tradingtime  .

  Can someone help and wright the right code for take position if price retraces 60pip in wrong direction and still keep same stoploss and trailstop settings AS first initial entry.

   

  It would be soo much preciated.

  

  Kenneth Kvistad

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  11/19/2017 at 1:28 PM #53234
  Yannick

  Dear Kenneth

  Try this, as what I backtested, it doesn’t seems to be a good idea

  average down function

  SET STOP ploss 110//76//116 er også bra SET TARGET pPROFIT 100//54//98 DEFPARAM CumulateOrders = True //average down averagedownvalue=-60 //valueaveragedown=-averagedownvalue*ordersize*pipsize if longonmarket then posperf=close-POSITIONPRICE endif if shortonmarket then posperf=positionprice-close endif if not onmarket then posperf=0 endif if longonmarket and posperf<averagedownvalue and COUNTOFLONGSHARES=Ordersize then buy ordersize contract at market set stop ploss (110-averagedownvalue) SET TARGET pPROFIT (100+averagedownvalue) endif if shortonmarket and positionperf<averagedownvalue and COUNTOFshortSHARES=Ordersize then sellshort ordersize contract at market set stop ploss (110-averagedownvalue) SET TARGET pPROFIT (100+averagedownvalue) endif graph(posperf)

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  SET STOP ploss 110//76//116 er også bra SET TARGET pPROFIT 100//54//98 DEFPARAM CumulateOrders = True   //average down averagedownvalue=-60 //valueaveragedown=-averagedownvalue*ordersize*pipsize if longonmarket then posperf=close-POSITIONPRICE endif if shortonmarket then posperf=positionprice-close endif   if not onmarket then posperf=0 endif   if longonmarket and posperf<averagedownvalue and COUNTOFLONGSHARES=Ordersize then buy ordersize contract at market set stop ploss (110-averagedownvalue) SET TARGET pPROFIT (100+averagedownvalue) endif   if shortonmarket and positionperf<averagedownvalue and COUNTOFshortSHARES=Ordersize then sellshort ordersize contract at market set stop ploss (110-averagedownvalue) SET TARGET pPROFIT (100+averagedownvalue) endif graph(posperf)

   

  

  Yannick

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  11/19/2017 at 3:45 PM #53238
  Henrik

  Hi!

  I havent tested it but i think you have to have a better entry for averaging down.

  Maybe by for longs : -60pips and smi Cross over -45? Or somerhing like that.

  Havnt got time right now but ill look into it

  Regards

  Henrik

  

  Henrik

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  11/19/2017 at 5:09 PM #53240
  Yannick

  There is a mistake in my previous code

  average down

  SET STOP ploss 110//76//116 er også bra SET TARGET pPROFIT 100//54//98 DEFPARAM CumulateOrders = True //average down averagedownvalue=-60 //valueaveragedown=-averagedownvalue*ordersize*pipsize if longonmarket then posperf=close-POSITIONPRICE endif if shortonmarket then posperf=positionprice-close endif if not onmarket then posperf=0 endif if longonmarket and posperf<averagedownvalue and COUNTOFLONGSHARES=Ordersize then buy ordersize contract at market set stop ploss (110-averagedownvalue) SET TARGET pPROFIT (100+averagedownvalue) endif if shortonmarket and posperf<averagedownvalue and COUNTOFshortSHARES=Ordersize then sellshort ordersize contract at market set stop ploss (110-averagedownvalue) SET TARGET pPROFIT (100+averagedownvalue) endif graph(posperf)

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30

  SET STOP ploss 110//76//116 er også bra SET TARGET pPROFIT 100//54//98 DEFPARAM CumulateOrders = True   //average down averagedownvalue=-60 //valueaveragedown=-averagedownvalue*ordersize*pipsize if longonmarket then posperf=close-POSITIONPRICE endif if shortonmarket then posperf=positionprice-close endif   if not onmarket then posperf=0 endif   if longonmarket and posperf<averagedownvalue and COUNTOFLONGSHARES=Ordersize then buy ordersize contract at market set stop ploss (110-averagedownvalue) SET TARGET pPROFIT (100+averagedownvalue) endif   if shortonmarket and posperf<averagedownvalue and COUNTOFshortSHARES=Ordersize then sellshort ordersize contract at market set stop ploss (110-averagedownvalue) SET TARGET pPROFIT (100+averagedownvalue) endif graph(posperf)

   

  

  Yannick

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  11/19/2017 at 6:05 PM #53243
  Kenneth Kvistad

  Thanx yannick.

   

  I null Try this later tonight.

  Henrik, you need to look at the startegy and test IT with Sverige down before er can make any assumtions. I know for a fact this should make the strategy More profitable.

  For now I have 90%win rate and alot off these trades do retrace before winning. Offcourse IT might make the risk too high but i null check out tonight.

  

  Kenneth Kvistad

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  11/19/2017 at 10:48 PM #53265
  Kenneth Kvistad

  Sorry too tell  but the average down kode does not work properly.  

  

  Kenneth Kvistad

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  02/24/2018 at 2:27 PM #63801
  reb

  Hello Kenneth

   

  Did you continue with your code copy/paste adjusted ?

   

  Reb

  

  reb

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  12/16/2018 at 12:31 PM #87215
  David Thompson

  Hi

  Help – start time

  Example code:

  LimitEntryTime = 154500

  StartTime = 161500

  When I enter this section of code to my script I get a SYNTAX variable error – I’m new to this, please help?

   

   

   

   

   

  

  David Thompson

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  12/16/2018 at 1:46 PM #87217
  GraHal

  Try

  LimitEntryTime = Time = 154500 StartTime = Time = 161500

  1 2	LimitEntryTime = Time = 154500 StartTime = Time = 161500

  Ah also I just saw the image of the syntax error … looks like you have not used LimitEntryTime and / or StartTime in your code as a condition to Open / Close a trade etc … this is what the syntax error message is telling you.

  

  GraHal

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