Failed High, Exit at Low – x Points

GraHal · 2019-01-09T11:22:51+00:00

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

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01/09/2019 at 12:22 PM #88238 quote

GraHal
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Legend

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

Exit-at-Low.jpg

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

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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?
01/10/2019 at 12:18 PM #88307 quote
GraHal
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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
```
I did get above working and optimising etc, but it kept blowing all the money in the first few weeks! 🙂
01/10/2019 at 2:52 PM #88312 quote
GraHal
Participant

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

robertogozzi
Moderator

Legend

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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