Long entry after the last five bar dropped x points

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

  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.

  

  Crillezz

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

  There you go:

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

  1 2 3 4 5

  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.

  

  robertogozzi

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

  Thank you Roberto – very useful piece of code

  1 user thanked author for this post.

  robertogozzi

  

  deletedaccount051022

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  07/09/2021 at 12:40 PM #173374
  VinzentVega

  Tested it with trailing. Had some strange entrys.

   

   

  

  VinzentVega

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  07/09/2021 at 2:01 PM #173380
  robertogozzi

  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

  1	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.

   

   

  

  robertogozzi

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  07/09/2021 at 3:46 PM #173381
  VinzentVega

  robertogozzi wrote:

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

  When i do this, then the result became worst

  

  VinzentVega

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