Failed High, Exit at Low – x Points

• 01/09/2019 at 12:22 PM #88238
  GraHal

  I feel I’ve reached a low point in my coding … it takes me too long (rest of life suffering! 🙂 ) to get other than simple strategies up and running … but I still have lots of ideas I want to try out.

  I coded a strategy over the weekend and it has entered a trade at a logical point in the price curve, but I want to try a version that will reduce – gains turning into losses – by using the structure of the price curve.

  So you super coders, anybody want to post code to achieve the attached scenario?

  If what I am after is not clear,  please just say.

  Thank you in Anticipation

  

  GraHal

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  01/10/2019 at 1:33 AM #88279
  robertogozzi

  I can think of just two ways to work it out:

  1. trailing stop (and you can use some of the many kinds you can find on this forum)
  2. exit on a filter, in your case it could be an MA that, when broken downwards before reaching TP, will exit the trade

  did you expect some different solutions?

   

  

  robertogozzi

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  01/10/2019 at 12:18 PM #88307
  GraHal

  Thank you Roberto … no wonder I was struggling! 🙂

  Yeah maybe I think you supercoders can  code anything that is showing on the screen.

  robertogozzi wrote:

  did you expect some different solutions?

  Yes, I was trying to code up an exit strategy that involved the following  …

  Ha = Highest[x](close) price curve followed by La = Lowest[y](close) price curve followed by Hb = Highest[z](close) Hb - Ha > a*pipsize Exit at ((Lowest[y](close)) - b*pipsize) stop

  1 2 3 4 5 6 7

  Ha = Highest[x](close) price curve followed by La = Lowest[y](close) price curve followed by Hb = Highest[z](close) Hb - Ha > a*pipsize Exit at ((Lowest[y](close)) - b*pipsize) stop

  I did get above working and optimising etc, but it kept blowing all the money in the first few weeks! 🙂

   

   

   

  

  GraHal

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  01/10/2019 at 2:52 PM #88312
  GraHal

  Re above … I was attempting to get Ha followed by La followed by Hb by setting the optimisation ranges accordingly.

  So for example my optimisation range for  …

  • Variable x was 100 to 1000
  • Variable y was  50 to 750
  • Variable z was 25 to 500

  

  GraHal

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  01/14/2019 at 11:40 AM #88543
  robertogozzi

  I dont’t usually care much about curves, but rather horizontal lines plotted (theoretically) by my trailing steps, it’s the market plotting curves!

  I really can’t think of a better way to adapt to curves other than using a Trailing Stop code. You can trace newer highs (or failed newer highs), then new lows, then exit your trade…. that’s just stop trailing!

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  GraHal

  

  robertogozzi

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