Identify candle direction

• 10/22/2019 at 2:44 PM #110839
  pablojml

  Hello forum,

  I’m new at this with no coding experience, I’m trying to sort out the code for the simple logic below. Could someone help with this?

  1. Is close of the candle for a 30m or 15min period above or below open
  2. If above, then place a buy order for x amount with a specific SL and Limit
  3. If below, then place a sell order for x amount with a specific SL and Limit

  Much appreciated!

  Regards,

  Pablo.

  

  pablojml

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  10/22/2019 at 2:53 PM #110840
  Vonasi

  pablojml – Your question is strategy related. The place for strategy questions is the ProOrder forum and not the PrScreener forum. I will move your post to the correct forum.

  Please post in the correct forum with future posts.

  

  Vonasi

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  10/22/2019 at 3:54 PM #110856
  robertogozzi

  There you go:

  Offfset = 20 * pipsize IF close > open THEN BUY 1 CONTRACT AT close + Offset STOP ELSIF close < open THEN SELLSHORT 1 CONTRACT AT close - Offset STOP ENDIF SET TARGET PPROFITO 50 SET STOP PLOSS 50

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  Offfset = 20 * pipsize IF close > open THEN    BUY 1 CONTRACT AT close + Offset STOP ELSIF close < open THEN    SELLSHORT 1 CONTRACT AT close - Offset STOP ENDIF SET TARGET PPROFITO 50 SET STOP   PLOSS    50

   

  

  robertogozzi

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  10/22/2019 at 7:27 PM #110894
  pablojml

  Thanks Roberto,

  I’m struggling to understand what the offset does in this code. And what is the difference between these two:

  Buy 1 CONTRACTS AT MARKET Buy 1 CONTRACTS AT close

  1 2 3

  Buy 1 CONTRACTS AT MARKET   Buy 1 CONTRACTS AT close

  If the code is testing if opening is above or below close, then “AT MARKET” should do the trick no? as it will be comparing precisely at close and buying/selling at the start of the next candle.

  Also, forgot to add if I wanted to test 1 specific candle of the day at one specific hour, how can I add this to the code?

  Regards,

  Pablo.

  

  pablojml

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  10/22/2019 at 7:31 PM #110896
  robertogozzi

  Offset is what you meant by X, a displacement or distance from the price.

  Otherwise what amount was your X?

  As for the time:

  IF time = 090000 THEN . . //here you need to put all the code you want to be executed at the desired time . ENDIF

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  IF time = 090000 THEN   .   .  //here you need to put all the code you want to be executed at the desired time   . ENDIF

   

   

  

  robertogozzi

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