LONG only with green daily cande

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04/12/2023 at 9:48 AM #213164 quote

Aragorna
Participant

Junior

Hi there,

I have a question that could be very easy to answer for who is better than me starting code. How can I say Buy long only when daily candle crosses zero line from red to green and viceversa? except for the exact moment it forms for the first time, that should be early in the morning. thank’s in advance

Alessio

04/12/2023 at 11:03 AM #213173 quote
ZeroCafeine
Participant

Senior
I want to help but don’t understand exactly what do you want to do, buy when DayClose > DayOpen ?
```
TimeFrame(Daily)
IF Close > Open Then
Buy 1 shares at market
ELSIF Close < Open Then
SellShort 1 shares at market
ENDIF
```
04/12/2023 at 12:46 PM #213181 quote
JS
Participant

Senior
Hi,

If I understand correctly, you must use a smaller time frame than the daily time frame, for example 5 minutes or 1 hour…

Your starting point is the daily open and then you check whether the Close crosses over or below the daily open…
```
DefParam CumulateOrders=False

TimeFrame(1 hour)
DailyOpen = DOpen(0)
If Close crosses over DailyOpen then
Buy 1 contract at Market
ElsIf Close crosses under DailyOpen then
SellShort 1 contract at Market
EndIf
```
ZeroCafeine thanked this post
04/12/2023 at 4:43 PM #213202 quote

Aragorna
Participant

Junior

Yes, thank’s, that’ the idea. I’ll test it soon.
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LONG only with green daily cande

ProOrder: Automated Strategies & Backtesting

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Aragorna @aragorna Participant

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This topic contains 3 replies,
has 3 voices, and was last updated by Aragorna
2 years, 10 months ago.

Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	04/12/2023
Status:	Active
Attachments:	No files

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