help coding H1 open strategy

Viewing 10 posts - 1 through 10 (of 10 total)
  • Author
    Posts
  • 09/15/2020 at 8:36 PM #144377 quote
    ullle73
    Participant
    Senior

    Hi, i need help coding a strategy having following rules:

    1. from H1 open
    2. if price moves 5 points either direction. If above open=Buy 1 contract, if below open=short 1 contract
    3. set target and SL 10 points
    09/15/2020 at 9:04 PM #144379 quote
    robertogozzi
    Moderator
    Master

    There you go (not tested):

    Timeframe(1h,UpdateOnClose)
c = close
Timeframe (default)
Buy 1 Contract at c + 5 Stop
Sellshort 1 Contract at c - 5 Stop
Set Target pProfit 10
Set Stop    pLoss   10
    Nicolas and ullle73 thanked this post
    09/16/2020 at 8:09 AM #144382 quote
    Nicolas
    Keymaster
    Master

    I would recommend to adapt 5 with the pointsize, if it is not equal to 1:

    Timeframe(1h,UpdateOnClose)
c = close
Timeframe (default)
Buy 1 Contract at c + 5*pointsize Stop
Sellshort 1 Contract at c - 5*pointsize Stop
Set Target pProfit 10
Set Stop    pLoss   10
    robertogozzi, MAKSIDE and ullle73 thanked this post
    09/16/2020 at 9:37 AM #144390 quote
    ullle73
    Participant
    Senior

    thanks you guys!

    im getting this problem (see attachment) and if i disable tick it shows insanly good result, does not seem right?

    tick.jpg tick.jpg
    09/16/2020 at 9:45 AM #144395 quote
    Mauro T. “Algorithm System”
    Participant
    Master

    You have a stop loss too close to the market entry …. do a test by further distancing the stop.

    ullle73 thanked this post
    09/16/2020 at 9:48 AM #144397 quote
    Mauro T. “Algorithm System”
    Participant
    Master

    It must process too much tick by tick data

    ullle73 thanked this post
    09/16/2020 at 11:48 AM #144419 quote
    ullle73
    Participant
    Senior

    thanks!

     

    can someone please add time restriction, trading hours between 8-11

    09/16/2020 at 11:53 AM #144422 quote
    robertogozzi
    Moderator
    Master

    There you go:

    Timeframe(1h,UpdateOnClose)
c = close
Timeframe (default)
IF time >= 080000 AND time <= 110000 THEN
   Buy 1 Contract at c + 5*pointsize Stop
   Sellshort 1 Contract at c - 5*pointsize Stop
   Set Target pProfit 10
   Set Stop    pLoss   10
ENDIF

    TIME is the time when a bar closes. If you want to refer the time it opens use OPENTIME, instead.

    ullle73 thanked this post
    09/16/2020 at 10:58 PM #144483 quote
    ullle73
    Participant
    Senior

    thanks alot!! one last thing, if i want to add that it closes all position after 17,30, how to add that code?

    09/17/2020 at 1:28 AM #144484 quote
    robertogozzi
    Moderator
    Master

    Add this as the first line:

    DEFPARAM FlatAfter = 173000

    or you can use these common lines:

    If Time >= 173000 and OnMarket Then
   Sell at Market
   Exitshort at Market
Endif
    ullle73 thanked this post
  • Author
    Posts
Viewing 10 posts - 1 through 10 (of 10 total)
  • You must be logged in to reply to this topic.

help coding H1 open strategy


ProOrder: Automated Strategies & Backtesting

New Reply
Author
author-avatar
ullle73 @jonas_rydqvist Participant
Summary

This topic contains 9 replies,
has 4 voices, and was last updated by robertogozzi
5 years, 5 months ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 09/15/2020
Status: Active
Attachments: 1 files
Logo Logo
Loading...
Do you like cookies? 🍪 We use cookies to ensure you get the best experience on our website. (Learn more)
©2026 ProRealCode - Trading & Coding with ProRealTime™