I want to automate an intraday strategy, tick by tick that buys when current price crossses over the highest of x daily close.
I have to use version 10.3 because I’m with IG in the UK and they haven’t implemented v11. So some multi time frame indicator ideas are not available.
I want the stop to be the lowest of the x day close.
I want to have dynamic position sizing based on total capital available and x% risk. So position size = (capital * risk)/(entry price – distance to stop)
Ideally, it will only open new trades between x time and x time, but it will always exit regardless of time of day.
I’m sorry to ask so much, I just can’t work it out myself. I have no experience or background in programming.
I’m happy to do it myself if someone can point me in the right direction.
Thanks,
Phil.