Long entry after the last five bar dropped x points

Crillezz · 2020-09-06T13:59:38+00:00

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.

Viewing 6 posts - 1 through 6 (of 6 total)

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09/06/2020 at 2:59 PM #143477 quote

Crillezz
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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

Legend
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 Dax-5m-Entryfishing.itf

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

Legend
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
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