Grid orders with one combined stop loss and limit, can it be done?

Forums ProRealTime English forum ProOrder support Grid orders with one combined stop loss and limit, can it be done?

Viewing 15 posts - 271 through 285 (of 307 total)
  • #19457

    HA indicator incoming

    🙂

     

    1 user thanked author for this post.
    #20080

    Good afternoon, I’m a beginner.
    Could someone put the final system? It seems interesting. Thank you

    #20335

    Hi Iramirez and welcome to the thread 🙂

    There is no final version yet since the system is still under developement but the current verions is on the previous page;

    https://www.prorealcode.com/topic/grid-orders-with-one-combined-stop-loss-and-limit-can-it-be-done/page/18/#post-17777

    I don’t recommend this system for beginners but everyone is free to use it but make sure you do your homework on it and pay attention to if cumulative orders are allowed or not.

    For all other followers I’m currently working on an alternate entry method and possibly another CTFTA indicator to facilitate setting alerts for setups.

    #23151

    Hey fellows,

    It’s been quite a while since the last update here. I have been working on an alternate entry and exit version of the strategy which is better suited for the low volatility and slow markets we have been seeing for the most part of the last few months. This version is aiming at getting 25-100 pips per trade so we still need to catch a decent move but often we will get out quickly with a very small loss, since the entry signal is Heiken Ashi changing color we need to run it on a higher TF than the other verions of the system, I have focused on M15 mainly but it can be run on M5 or H1 as well. The entry filter is directional movement (25) and ADX (25), these values are discretionary depending on the TF.

    However I only run it when I can keep an eye on  the markets the market can travel many pips the wrong way in 15 mins, hence I also recommend turning off cumulative orders or set a low amount of maximum entries to 3 or 5.

    In order for it to work you will need the below HA Change indicator (a modified version of the one Kasper provided);

    Long;

    Short

    I hope you will enjoy it and find room for improvements 🙂

    2 users thanked author for this post.
    #23882
    ALE

    Hello Brains

    could help me with the following request:

    https://www.prorealcode.com/topic/request-of-money-management-for-a-grid-strategy/

    Thanks in advance

    Ale

    #23906

    Kasper, have you tried the latest code with HA entry and exit? It seems very promising when limiting the number of entries and running it on M15 or H1 but I’m looking for a way to filter out the sideways movement but it’s tricky to find a good one, I have been experimenting with Keltner and Donchian but no major progress yet. I’m hoping you may have some suggestions 🙂

    #23914

    Hi. I just tried the long version on DAX 15m TF .I have made the indicator and named it “HA Change”

    So it runs as an automated strategy and I can see that it continues, but it’s not profitable- properly as mentioned because of sideways marked.

    I have been trying to figure out what to do the code, and I got stuck. I have no idea of what to do, other that wait until multiframe support.

    I have also tried to incorporate the grid code into Reiners Pathfinder, but it can not be done. it either ruins the pathfinder profit or change it so much that it’s not pathfinder anylonger. Mainly because that grid order are keeping a thight MM strategy of only trading for 1% of the account, which Pathfinder does not.

    We could try and give the ALE code a shoot.

     

    #23921

    Well it is coded as an automated strategy but just as with the other versions of my strategies we need to pick and choose the period to start it when we have the right setup and stop it when we are happy with our profits or the setup has disappeared. If we expect an up move on DAX on Monday we start the strategy on Monday morning and keep an eye on it and the price action during the day.

    Indeed MTF support would make a huge difference with more precise entries and a stoploss ready to kick in right away when a retrace occurs rather than at the close of each 15m candle, do think there is a chance that we can change the code in the HA Change to reflect a higher TF, for instance running it on 5m with the changes of 15m? I know I have asked the question before but perhaps we have found new answers since last time it was asked.

    I will look inte Ale’s code more and give it a shot too, it has a lot of potential for the ranging markets we have been seeing lately.

    Thanks for your feedback Kasper 🙂

    #55578

    Hey traders,

    Long time no speak, I have been waiting for MTF to become available but it seem to take longer and longer.

    However here is an early christmas gift. The below update is fairly useful on low-medium timframes such as M15 but when using aggregating orders (of course we can stick with single orders too) we need to run it on low TF such as M1 or lower to be able to rely on our SL or BB exit since it kicks in at close of candle and too much can happen during a M15 candle and cause much larger losses during the 15 minutes it takes for the candle too close hence I recommend setting a low maximum number of orders and monitor the system manually while it is up and running.

    The update is based on Squeeze (from BB Squeeze but only the squeeze function and not the momentum) and Heiken Ashi. Squeeze need to be off (blue bar) and Heiken Ashi decide the direction of the trade either by change of color or by the current color when Squeeze changes to off (for change of color “HAC crosses over 0” and for current direction “HAC >0” for long) on line 31.

    First the required indicators, HA Change;

    And Squeeze;

    The strategy for longs;

    And shorts;

    Remember to be mindful of line 34 to set or avoid recurring cycles, recurring is great for testing but risky for live trading, also note to increase most parameters if using on very low TF.

    I hope you will find it useful 🙂

     

     

     

    6 users thanked author for this post.
    #55898

    hello,

    i have a problem with squeeze indicator.

    you have the same?

    #56010

    the variables of squeeze are good like this?

    thanks

    #56012

    Hi Cfta!

    have you tried to have a stop order for rrreached instead of crossover market order. Then less can happen with profit. Multitf is better but I think it will work better until we have it.

    regards

    #56015

    @ Rejo the code is exactly the same as I run without any problems, the only issue I can think of is that it might be caused by running PRT in French instead of English.

    @ Henrik, sorry but I’m not sure what you mean, do you refer to having a stop order for taking profit? I guess we can implement that but since it is a discretionary system I prefer exiting manually to maximize profit or let the bollinger exit kick in, which in one way let us maximize profit to the extent that we stay in our position until we have retracement and ride the price movement all the way rather than exiting when it’s halfway since we rarely know when a move is done.

    #56021

    Hi Cfta!

    Looked at your codes from the beginning when i was trying to make a “bombmatta” dont know what its called in english. I made some changes for the grid to buy on fixed prices and used your profit exit but changed it to be a stop order instead of sell at market.

    Now when i try to explain i cant find the final codes but atleast two that explains fixed grid entry and exit calculation with stop order. so i copypasted the snippets i talked about so youll understand what i mean.

    I just wanted to show you as your ideas made me come up with this. 🙂

    Regards

     

    #56054

    The squeeze parameters are these ones: [12, 1.5, 12, 1]

    But they need to be set as external variables and this is not the case with the copy/paste code @cfta has made. I looked for the original ITF file but didn’t find it, maybe @cfta could post it here.

     

Viewing 15 posts - 271 through 285 (of 307 total)

Create your free account now and post your request to benefit from the help of the community
Register or Login