Buy order after two conditions from 2 time frames

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  • 08/31/2021 at 10:30 AM #176523 quote
    assafn
    Participant
    Average

    Hello,

    I’m having trouble writing a code with conditions from 2 TF.

    1. Weekly rsi[9] crosses under 30

    and then wait for:

    2. Daily rsi[14] crosses under 20.

    Is that possible?

    08/31/2021 at 11:31 AM #176529 quote
    robertogozzi
    Moderator
    Master

    There you go:

    timeframe(Weekly,UpdateOnClose)
Wrsi = rsi[9]
c1 = Wrsi crosses under 30
Timeframe(Daily,UpdateOnClose)
Drsi = rsi[14]
c2 = Drsi crosses under 20
Timeframe(Default)
Cond = c1 AND c2
IF Cond THEN
   buy at market
   set stop   ploss   200
   set target pprofit 400
ENDIF
    08/31/2021 at 11:32 AM #176531 quote
    robertogozzi
    Moderator
    Master

    At lines 1 and 4 you can replace UpdateOnClose with Default, not to wait the closing of the candle before updating variables.

    assafn thanked this post
    08/31/2021 at 11:56 AM #176535 quote
    assafn
    Participant
    Average

    Thank you robertogozzi

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Buy order after two conditions from 2 time frames


ProOrder: Automated Strategies & Backtesting

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assafn @assafn Participant
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This topic contains 3 replies,
has 2 voices, and was last updated by assafn
4 years, 5 months ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 08/31/2021
Status: Active
Attachments: No files
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