Mean reverting on specific points

• 11/18/2019 at 11:03 PM #113070
  Lohan

  Hello!

  i want to make a system that mean reverting on specifick Points, so lets say DAX opens at 13 100 when DAX go up 30 Points to 13 130 i want to short or down to 13 070 (30p) i want to go long.

  Can you help me with this code? many thanks!

  /L

  

  Lohan

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  11/18/2019 at 11:21 PM #113071
  robertogozzi

  There you go:

  DEFPARAM CumulateOrders = false ONCE Distance = 30 * pipsize IF IntraDayBarIndex = 0 THEN OpenPrice = open ENDIF EntryLong = OpenPrice - Distance EntryShort = OpenPrice + Distance IF close <= EntryLong AND Not OnMarket THEN BUY 1 CONTRACT AT MARKET ENDIF IF close >= EntryShort AND Not OnMarket THEN SELLSHORT 1 CONTRACT AT MARKET ENDIF SET TARGET pPROFIT 100 SET STOP pLOSS 50

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  DEFPARAM CumulateOrders = false ONCE Distance = 30 * pipsize IF IntraDayBarIndex = 0 THEN    OpenPrice = open ENDIF EntryLong  = OpenPrice - Distance EntryShort = OpenPrice + Distance IF close <= EntryLong  AND Not OnMarket THEN    BUY 1 CONTRACT AT MARKET ENDIF IF close >= EntryShort AND Not OnMarket THEN    SELLSHORT 1 CONTRACT AT MARKET ENDIF SET TARGET pPROFIT 100 SET STOP   pLOSS   50

   

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