Cross Over Strategy HELP please

• 01/31/2018 at 5:30 PM #61121
  crolakstrading

  Hi Roberto,

  its me again to bother you! 🙂

  I have been testing this manually and also try to create a strategy so i managed to get below ,i got this and try to change this from the forum but i really don’t know how to get the entry at 5pips above and below according to the indicator when the cross over happen.

  is this something you can help out?

  the numbers are just numbers.. i mean SL and targets etc.. hoping i can change this change!!

  Many Thanks

  Ro

   

  // Conditions to enter long positions i1 = exponentialaverage[9](close) i2 = exponentialaverage[40](close) long = i1 crosses over i2 short = i1 crosses under i2 IF NOT LongOnMarket AND long THEN BUY 1 CONTRACTS AT MARKET ENDIF // Conditions to exit long positions If LongOnMarket AND short THEN SELL AT MARKET ENDIF // Conditions to enter short positions IF NOT ShortOnMarket AND short THEN SELLSHORT 1 CONTRACTS AT MARKET ENDIF // Conditions to exit short positions IF ShortOnMarket AND long THEN EXITSHORT AT MARKET ENDIF // Stops and targets : Enter your protection stops and profit targets here // points based STOP LOSS and TRAILING STOP // initial STOP LOSS SET STOP pLOSS 30 // trailing stop SET STOP pTRAILING 20

  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 31 32

  // Conditions to enter long positions i1 = exponentialaverage[9](close) i2 = exponentialaverage[40](close) long = i1 crosses over i2 short = i1 crosses under i2 IF NOT LongOnMarket AND long THEN BUY 1 CONTRACTS AT MARKET ENDIF   // Conditions to exit long positions If LongOnMarket AND short THEN SELL AT MARKET ENDIF   // Conditions to enter short positions IF NOT ShortOnMarket AND short THEN SELLSHORT 1 CONTRACTS AT MARKET ENDIF   // Conditions to exit short positions IF ShortOnMarket AND long THEN EXITSHORT AT MARKET ENDIF   // Stops and targets : Enter your protection stops and profit targets here // points based STOP LOSS and TRAILING STOP // initial STOP LOSS SET STOP pLOSS 30 // trailing stop SET STOP pTRAILING 20

   

  

  crolakstrading

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  01/31/2018 at 5:32 PM #61123
  crolakstrading

  please if you can add up and correct me, really appreciated!!

  

  crolakstrading

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  01/31/2018 at 5:49 PM #61127
  robertogozzi

  I’ll take a look at your code tomorrow.

  1 user thanked author for this post.

  crolakstrading

  

  robertogozzi

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  01/31/2018 at 5:59 PM #61129
  crolakstrading

  Thank you @robertogozzi

  

  crolakstrading

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  02/01/2018 at 12:27 AM #61158
  robertogozzi

  Since you are now talking about a strategy I just moved the topic to ProOrder support.

  Back tomorrow for hints.

  

  robertogozzi

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  02/01/2018 at 11:43 AM #61189
  robertogozzi

  You only have to change lines 8 and 18 as follows

  BUY 1 CONTRACTS AT close + (5 * pipsize) LIMIT SELLSHORT 1 CONTRACTS AT close - (5 * pipsize) LIMIT

  1 2	BUY       1 CONTRACTS AT close + (5 * pipsize) LIMIT SELLSHORT 1 CONTRACTS AT close - (5 * pipsize) LIMIT

  but, since a LIMIT/STOP order expires when the candle closes, do you want to place it again through the following candles? If yes, till when, maybe till the opposite crossing happens?

  Also, replacing LIMIT with STOP would do better, I guess.

  

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  02/01/2018 at 12:43 PM #61196
  crolakstrading

  Thanks for this..for some reason it say this cannot be added because trailing stop are not enabled in my account..

  I have removed the trailing stop.

  just to make sure will this wait for 5bars then take the 5pips above or below highs/ lows as an entry?

  IF CrossOver[5] THEN

  IF summation[4](CrossOver OR CrossUnder) = 0 THEN

  TopLine = highest[5](high) + (5 * pipsize)

   

  how can we replace LIMIT with STOP?

  // Conditions to enter long positions i1 = exponentialaverage[9](close) i2 = exponentialaverage[40](close) long = i1 crosses over i2 short = i1 crosses under i2 IF NOT LongOnMarket AND long THEN BUY 1 CONTRACTS AT close + (5 * pipsize) LIMIT ENDIF // Conditions to exit long positions If LongOnMarket AND short THEN SELL AT MARKET ENDIF // Conditions to enter short positions IF NOT ShortOnMarket AND short THEN SELLSHORT 1 CONTRACTS AT close - (5 * pipsize) LIMIT ENDIF // Conditions to exit short positions IF ShortOnMarket AND long THEN EXITSHORT AT MARKET ENDIF // Stops and targets : Enter your protection stops and profit targets here // points based STOP LOSS and TRAILING STOP // initial STOP LOSS SET STOP pLOSS 30

  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

  // Conditions to enter long positions i1 = exponentialaverage[9](close) i2 = exponentialaverage[40](close) long = i1 crosses over i2 short = i1 crosses under i2 IF NOT LongOnMarket AND long THEN BUY 1 CONTRACTS AT close + (5 * pipsize) LIMIT ENDIF // Conditions to exit long positions If LongOnMarket AND short THEN SELL AT MARKET ENDIF // Conditions to enter short positions IF NOT ShortOnMarket AND short THEN SELLSHORT 1 CONTRACTS AT close - (5 * pipsize) LIMIT ENDIF // Conditions to exit short positions IF ShortOnMarket AND long THEN EXITSHORT AT MARKET ENDIF // Stops and targets : Enter your protection stops and profit targets here // points based STOP LOSS and TRAILING STOP // initial STOP LOSS SET STOP pLOSS 30

   

  

  crolakstrading

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  02/01/2018 at 4:00 PM #61203
  crolakstrading

  not sure what you mean by  replacing LIMIT with STOP?

  another way is let say when its move 20pip on profit  stop to break even!!!

  

  crolakstrading

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  02/01/2018 at 4:20 PM #61206
  robertogozzi

  Yes, your lines should do good.

  As for your stops I don’t know about your limits with IG, but I want to point out that, despite examples in the PRT manual, the first one (SET STOP pLOSS 30) would be overridden by the second one (SET STOP pTRAILING 20), since they cannot be set together.

   

  crolakstrading wrote:

  not sure what you mean by replacing LIMIT with STOP?

  LIMIT guarantees execution only at the price you decided (or a most favourable one) and is used when you BUY at a lower price or SELLSHORT at a higher one, while STOP guarantees execution no matter what price (provided the price you decided is reached) and is used when you BUY at a higher price or SELLSHORT at a lower one.

   

  

  robertogozzi

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  02/01/2018 at 4:45 PM #61207
  crolakstrading

  ahh ok.. its a better idea! 🙂 where should i change?

  is possible to make the stop loss to Break even once its reach to a certain point too?

   

  

  crolakstrading

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  02/01/2018 at 5:19 PM #61210
  robertogozzi

  As for Breakeven you should read, merge into your code and experiment with Nicols’ code (https://www.prorealcode.com/blog/learning/breakeven-code-automated-trading-strategy/).

  If you search Breakeven in the forum you’ll find plenty of code to to use and learn  from.

  I modified the BUY/SELLSHORT lines to accomodate for an evaluation of price, to check whether EntryPrice is more favourable (in order to use LIMIT) or not (in order to use STOP):

  // Conditions to enter long positions i1 = exponentialaverage[9](close) i2 = exponentialaverage[40](close) long = i1 crosses over i2 short = i1 crosses under i2 IF NOT LongOnMarket AND long THEN EntryPrice = close + (5 * pipsize) IF EntryPrice < close THEN BUY 1 CONTRACTS AT EntryPrice LIMIT ELSE BUY 1 CONTRACTS AT EntryPrice STOP ENDIF ENDIF // Conditions to exit long positions If LongOnMarket AND short THEN SELL AT MARKET ENDIF // Conditions to enter short positions IF NOT ShortOnMarket AND short THEN EntryPrice = close - (5 * pipsize) IF EntryPrice > close THEN SELLSHORT 1 CONTRACTS AT EntryPrice LIMIT ELSE SELLSHORT 1 CONTRACTS AT EntryPrice STOP ENDIF ENDIF // Conditions to exit short positions IF ShortOnMarket AND long THEN EXITSHORT AT MARKET ENDIF // Stops and targets : Enter your protection stops and profit targets here // points based STOP LOSS and TRAILING STOP // initial STOP LOSS SET STOP pLOSS 30

  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 31 32 33 34 35 36 37 38 39

  // Conditions to enter long positions i1 = exponentialaverage[9](close) i2 = exponentialaverage[40](close) long  = i1 crosses over  i2 short = i1 crosses under i2 IF NOT LongOnMarket AND long THEN    EntryPrice = close + (5 * pipsize)    IF EntryPrice < close THEN       BUY 1 CONTRACTS AT EntryPrice LIMIT    ELSE       BUY 1 CONTRACTS AT EntryPrice STOP    ENDIF ENDIF // Conditions to exit long positions If LongOnMarket AND short THEN    SELL AT MARKET ENDIF // Conditions to enter short positions IF NOT ShortOnMarket AND short THEN    EntryPrice = close - (5 * pipsize)    IF EntryPrice > close THEN       SELLSHORT 1 CONTRACTS AT EntryPrice LIMIT    ELSE       SELLSHORT 1 CONTRACTS AT EntryPrice STOP    ENDIF ENDIF // Conditions to exit short positions IF ShortOnMarket AND long THEN    EXITSHORT AT MARKET ENDIF // Stops and targets : Enter your protection stops and profit targets here // points based STOP LOSS and TRAILING STOP // initial STOP LOSS SET STOP pLOSS 30

   

  

  robertogozzi

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  02/01/2018 at 5:37 PM #61211
  crolakstrading

  Thanks very much!! for the link too… will do some more testing to find a better way!!

  

  crolakstrading

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  02/05/2018 at 11:08 AM #61535
  crolakstrading

  Hi Roberto,

  As i have been testing this past few days.. i think the best entry is the STOP. as its more like a breakout! it didnt give e the right entry according  to the indicator? as the for the indicator TOPLINE or the Bottomline

  if TOPLINE that should be the proper entry:

  IF CrossUnder[5] THEN IF summation[4](CrossOver OR CrossUnder) = 0 THEN BottomLine = lowest[5](low) - (5 * pipsize) DRAWTEXT("---#BottomLine#---",barindex-3,BottomLine,SansSerif,Bold,16)coloured(153,0,0)

  1 2 3 4

  IF CrossUnder[5] THEN IF summation[4](CrossOver OR CrossUnder) = 0 THEN BottomLine = lowest[5](low) - (5 * pipsize) DRAWTEXT("---#BottomLine#---",barindex-3,BottomLine,SansSerif,Bold,16)coloured(153,0,0)

  so i have managed to change this as below, and it gives  the entry according to the indicator

  IF NOT LongOnMarket AND long[5] THEN EntryPrice = highest[5](high) + (5* pipsize) BUY 1 CONTRACTS AT EntryPrice STOP ENDIF

  1 2 3 4

  IF NOT LongOnMarket AND long[5] THEN EntryPrice = highest[5](high) + (5* pipsize) BUY 1 CONTRACTS AT EntryPrice STOP ENDIF

  but its only trigger on the the 5th candle.. if after the 5th candle if its go up and the original entryprice wont get triggered?? is there a way to change this?? once we get the entry price.. it gets trigger any next 10 canldes once we get the original enterprice?

  full code below..

  // Conditions to enter long positions i1 = exponentialaverage[9](close) i2 = exponentialaverage[40](close) long = i1 crosses over i2 short = i1 crosses under i2 IF NOT LongOnMarket AND long[5] THEN EntryPrice = highest[5](high) + (5* pipsize) BUY 1 CONTRACTS AT EntryPrice STOP ENDIF // Conditions to exit long positions If LongOnMarket AND short THEN SELL AT MARKET ENDIF // Conditions to enter short positions IF NOT ShortOnMarket AND short[5] THEN EntryPrice = lowest[5](low) - (5 * pipsize) SELLSHORT 1 CONTRACTS AT EntryPrice STOP ENDIF // Conditions to exit short positions IF ShortOnMarket AND long THEN EXITSHORT AT MARKET ENDIF // Stops and targets : Enter your protection stops and profit targets here // points based STOP LOSS and TRAILING STOP // initial STOP LOSS SET STOP pLOSS 30

  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 31 32

  // Conditions to enter long positions i1 = exponentialaverage[9](close) i2 = exponentialaverage[40](close) long  = i1 crosses over  i2 short = i1 crosses under i2 IF NOT LongOnMarket AND long[5] THEN EntryPrice = highest[5](high) + (5* pipsize) BUY 1 CONTRACTS AT EntryPrice STOP ENDIF   // Conditions to exit long positions If LongOnMarket AND short THEN SELL AT MARKET ENDIF // Conditions to enter short positions IF NOT ShortOnMarket AND short[5] THEN EntryPrice = lowest[5](low) - (5 * pipsize) SELLSHORT 1 CONTRACTS AT EntryPrice STOP ENDIF // Conditions to exit short positions IF ShortOnMarket AND long THEN EXITSHORT AT MARKET ENDIF // Stops and targets : Enter your protection stops and profit targets here // points based STOP LOSS and TRAILING STOP // initial STOP LOSS SET STOP pLOSS 30

   

  

  crolakstrading

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  02/05/2018 at 11:45 AM #61538
  crolakstrading

  lets say the its going long.. once we get the enryprice 5 pip above etc (topline on the idicator) …and if it didnt get triggered on the 5th bar but it gets triggered on the 9th bar if it reach original entryprice?? please see attached pic!!!

  

  crolakstrading

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  02/06/2018 at 11:56 AM #61666
  crolakstrading

  i mean how can we get the exact ToplLine or the Bottomline as an entry according to the indicator.. and entry price will act as a stop order when ever the market reach the entry price?? seems very complicated.. but i tried 100 ways didnt really work out 🙁

   

  

  crolakstrading

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