help coding H1 open strategy

• 09/15/2020 at 8:36 PM #144377
  ullle73

  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

  

  ullle73

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  09/15/2020 at 9:04 PM #144379
  robertogozzi

  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

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  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

   

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  09/16/2020 at 8:09 AM #144382
  Nicolas

  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

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  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

   

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  Nicolas

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  09/16/2020 at 9:37 AM #144390
  ullle73

  thanks you guys!

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

   

  

  ullle73

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  09/16/2020 at 9:45 AM #144395
  Mauro T. “Algorithm System”

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

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  Mauro T. “Algorithm System”

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  09/16/2020 at 9:48 AM #144397
  Mauro T. “Algorithm System”

  It must process too much tick by tick data

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  ullle73

  

  Mauro T. “Algorithm System”

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  09/16/2020 at 11:48 AM #144419
  ullle73

  thanks!

   

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

  

  ullle73

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

  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

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  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.

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  09/16/2020 at 10:58 PM #144483
  ullle73

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

  

  ullle73

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

  Add this as the first line:

  DEFPARAM FlatAfter = 173000

  1	DEFPARAM FlatAfter = 173000

  or you can use these common lines:

  If Time >= 173000 and OnMarket Then Sell at Market Exitshort at Market Endif

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  If Time >= 173000 and OnMarket Then    Sell at Market    Exitshort at Market Endif

   

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