Breakout next 5 Bars

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01/19/2023 at 5:18 PM #207726 quote

killerplatuze
Participant

New

This don’t work. It seems so that there isn’t any solution for this problem. I can’t beleave it, it is only a market order.

01/19/2023 at 6:33 PM #207727 quote
GraHal
Participant

Master
JS wrote:

Buy 1 contract at High STOP

I might be missing something, but how can we buy at High?

High does not allow for spread?

Surely it needs to be something like … Buy 1 contract at (High-x) STOP?

Or better still …
```
If Close > High - x Then
Buy at Market
Endif
```
same goes for SellShort …
```
If Close < Low +x Then
SellShort at Market
Endif
```
01/19/2023 at 7:04 PM #207728 quote

killerplatuze
Participant

New

Thank you, but im afraid this wont work. Maybe you can take a look at attaced picture?

PG4.jpg

01/19/2023 at 7:09 PM #207730 quote

GraHal
Participant

Master

GraHal wrote:

how can we buy at High STOP? (for example, at bar 100)

During the next bar (or next few bars) we may hit the value that High was on bar 100 (allowing for spread of course).

Is this what is happening killerplatuze

01/19/2023 at 7:11 PM #207731 quote

killerplatuze
Participant

New

yes, it seems so.

01/19/2023 at 7:53 PM #207732 quote
GraHal
Participant

Master
I like this PopGun, it’s simple and < 10 lines of code … makes it easy to work on! 😉

Try below with values A4 to A7 optimised to whatever you think suits your chosen TF and Instrument.

Below fits what you state in the box on your screenshot?
```
DefParam CumulateOrders=False
//PopGun
If High[2]>High[1] and Low[2]<Low[1] and High>High[1] and Low<Low[1] then
Buy 1 contract at High+A4 STOP
Set Stop Price High-A5
SellShort 1 contract at Low-A6 STOP
Set Stop Price Low+A7
EndIf
```
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01/20/2023 at 10:40 AM #207748 quote

GraHal
Participant

Master

Is above code opening trades > 5 bars after trigger bar?

If Yes, that is the next thing to fix.

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01/20/2023 at 2:50 PM #207765 quote

killerplatuze
Participant

New

Many thanks for your help. It seems to be the right way.

The fifth bar should be filled with a short, but isn’t. If the fourth bar breaks out it will be filled with a trade

PG5.png

01/20/2023 at 3:31 PM #207768 quote

GraHal
Participant

Master

So 3 was the trigger bar?

What value are you using for A4 and A6 in the code I posted?

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01/20/2023 at 5:10 PM #207778 quote

killerplatuze
Participant

New

Just 5, just wanna see what happened with the bux trigger. The third candle is the buy trigger, One of the next 5 bars must break out, otherwise the popgun will be deleted.

I take 5 for all.

01/21/2023 at 2:03 PM #207825 quote
GraHal
Participant

Master
Try this …
```
DefParam CumulateOrders=False

PopGun = High[2]>High[1] and Low[2]<Low[1] and High>High[1] and Low<Low[1]
If PopGun Then
Trigger = barindex
TrigHigh = High
TrigLow = Low
TradeOn = barindex < Trigger + 5
Endif

If PopGun and TradeOn then
Buy 1 contract at TrigHigh+A4 STOP
Set Stop Price High-A5
SellShort 1 contract at TrigLow-A6 STOP
Set Stop Price Low+A7
EndIf
```
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01/21/2023 at 3:28 PM #207833 quote
GraHal
Participant

Master
Above code with small improvement …
```
DefParam CumulateOrders=False
 
PopGun = High[2]>High[1] and Low[2]<Low[1] and High>High[1] and Low<Low[1]
If PopGun Then
Trigger = barindex
TrigHigh = High
TrigLow = Low
TradeOn = barindex < Trigger + 5
Endif
 
If PopGun and TradeOn then
Buy 1 contract at TrigHigh+A4 STOP
Set Stop Price TrigHigh-A5
SellShort 1 contract at TrigLow-A6 STOP
Set Stop Price TrigLow+A7
EndIf
```
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01/21/2023 at 3:32 PM #207834 quote

killerplatuze
Participant

New

Hi, there ist no trade.

01/21/2023 at 3:51 PM #207835 quote

killerplatuze
Participant

New

Without A4 and A6 it works, but there is only a trade if the first bar behind the triggerbar breaks out.
There is no trade if the first bar behind the popgung dont breaks out.
It seems to be more difficuilt than expected. Thanks for your help.

01/21/2023 at 4:48 PM #207841 quote

GraHal
Participant

Master

Works fine for me … see attached.

GraHal wrote:

with values A4 to A7 optimised to whatever you think suits your chosen TF and Instrument.

Please confirm that you are doing above and not trying to run the code with the text – A4, A5, A6 and A7 – in the code??

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Kill.jpg
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