Long entry after the last five bar dropped x points

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  • 09/06/2020 at 2:59 PM #143477 quote
    Crillezz
    Participant
    Veteran

    Hey! I want some help with an entry code. It should go long if the last 5 bars have dropped x number of points.
    I have searched here on the forum but can not find anything.

    09/06/2020 at 3:40 PM #143481 quote
    robertogozzi
    Moderator
    Master

    There you go:

    X = 150 * pipsize
Diff = close - close[4]
If Diff >= X then
   Buy at market
Endif

    replace 150 with the number of pips that best suit you.

    07/09/2021 at 10:13 AM #173367 quote
    deletedaccount051022
    Participant
    New

    Thank you Roberto – very useful piece of code

    robertogozzi thanked this post
    07/09/2021 at 12:40 PM #173374 quote
    VinzentVega
    Participant
    Veteran

    Tested it with trailing. Had some strange entrys.

    Unbenannt-2.png Unbenannt-2.png Dax-5m-Entryfishing.itf
    07/09/2021 at 2:01 PM #173380 quote
    robertogozzi
    Moderator
    Master

    Entries are perfect, you can append this line to your code to easily spot signals in the variable windows that is opened by ProBackTest:

    graph Diff >= X

    your IF at line 7 is a bit weird, as it is mot closed until the end (with the very last ENDIF), thus leaving your Trailing Stop idle most of the time. I suggest that you move the very last ENDIF to line 12, unless this behaviour is intentional.

    07/09/2021 at 3:46 PM #173381 quote
    VinzentVega
    Participant
    Veteran
    robertogozzi wrote:

    I suggest that you move the very last ENDIF to line 12

    When i do this, then the result became worst

    Unbenannt-3.png Unbenannt-3.png
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Long entry after the last five bar dropped x points


ProOrder: Automated Strategies & Backtesting

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Crillezz @crillezz Participant
Summary

This topic contains 5 replies,
has 4 voices, and was last updated by VinzentVega
4 years, 7 months ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 09/06/2020
Status: Active
Attachments: 3 files
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