Buy 2% from opening price

• 05/19/2019 at 9:53 PM #98855
  MA Cå

  hi

  first post from sweden.

  im looking for a code to do the following:

  Buy stock when up 2,2% from openening price the same day and then has retracted down below a moving average of my choosing during a specefic timeframe say the first 60 min from market open.

  I have tryied coding it whotout succses, having problems whit getting the % up to work.

  Thanks for the help.

  br marcus, sweden.

   

   

  

  MA Cå

  Participant

  Topics: 1

  Replies: 0

  Been thanked: 0 times
  05/21/2019 at 9:30 AM #98967
  Nicolas

  You can try with the below code, the “trigger” variable is the one used to test the gap percent at the first opening hour. “endtime” is the time limit to test the price retraction below the moving average. There is no stop and limit in the code.

  defparam cumulateorders=false trigger = 0.5 //trigger in percent timeframe(daily) percent = Variation(close) timeframe(default) endtime = 100000 MAperiod = 10 if day<>day[1] then todayvar = percent todaystart=barindex endif MA = average[MAperiod](close) if time<=endtime and todaystart<>start and todayvar>=trigger and close crosses under MA then start=todaystart buy at market endif //graph time<=endtime and todaystart<>start and todayvar>=trigger

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

  defparam cumulateorders=false   trigger = 0.5 //trigger in percent   timeframe(daily) percent = Variation(close)   timeframe(default) endtime = 100000 MAperiod = 10   if day<>day[1] then todayvar = percent todaystart=barindex endif   MA = average[MAperiod](close)   if time<=endtime and todaystart<>start and todayvar>=trigger and close crosses under MA then   start=todaystart buy at market endif   //graph time<=endtime and todaystart<>start and todayvar>=trigger

   

  

  Nicolas

  Keymaster

  Topics: 81

  Replies: 20828

  Been thanked: 4738 times
• Author
  Posts