Buy if > 20 points movement

• 08/06/2019 at 6:52 PM #104308
  bullbear

  DAX 1 min timeframe.
  How to code the following?

  I want to take a long pos if the price moves above 20 points in the past candle.

  

  bullbear

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  08/07/2019 at 12:15 AM #104327
  robertogozzi

  I think it’s quite difficult to have a range of more than 20 pips in a single 1-minute candle (it just happend a few time these last days, but it won’t happen that many times):

  EntryPrice = close + (20.1 * pipsize) IF Not OnMarket THEN BUY 1 CONSTRACT AT Entryprice STOP ENDIF

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  EntryPrice = close + (20.1 * pipsize) IF Not OnMarket THEN    BUY 1 CONSTRACT AT Entryprice STOP ENDIF

   

  

  robertogozzi

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  08/07/2019 at 10:34 AM #104341
  bullbear

  Thanks Robert

  I will test the code on different timeframes.

  I want a more active algo and this code suitable for that.

  Will add other filters of course.

  

  bullbear

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  08/09/2019 at 1:03 PM #104469
  Vonasi

  Topic moved to ProOrder forum. bullbear – please try to post in the correct forum with future topics. 🙂

  

  Vonasi

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