need help for conditional entry

• 03/02/2022 at 10:28 PM #189213
  Swisspatrick

  hi! I am having difficulties to implement an index based strategy and need help. It’s not about the pattern, but about the conditional entry that I need help.

  Setup of the pattern could be like

  1. take any condition to be true for the pattern today, e.g. high-low > 5
  2. when the pattern is true today, enter long tomorrow (and only tomorrow), but only when tomorrow’s high is higher than today’s high.

  The condition under 2) is like a stop-entry.

  Would be thankful if any of you could guide me with a very short code structure given the info above. Thank you.

  

  Swisspatrick

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  03/03/2022 at 3:37 PM #189264
  robertogozzi

  There you go:

  PatternToday = range > 5*PipSize //range = high - low IF high > high[1] AND PatternToday[1] AND Not OnMarket THEN BUY 1 CONTRACT AT MARKET ENDIF

  1 2 3 4

  PatternToday = range > 5*PipSize   //range = high - low IF high > high[1] AND PatternToday[1] AND Not OnMarket THEN    BUY 1 CONTRACT AT MARKET ENDIF

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  Midlanddave

  

  robertogozzi

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  04/04/2022 at 11:22 AM #191154
  Swisspatrick

  Dear Roberto,

  thank you for your reply. It worked well and I would like to enhance it.
  What do you need to add to:

  • trigger a buy only if the pattern happened in the last 3 bars
  • as the entry condition, take the high on the day when the pattern happened (which can be any of the 3 days)

  thank you ahead.

  

  Swisspatrick

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  04/04/2022 at 4:00 PM #191188
  robertogozzi

  There you go:

  PatternToday = range > 5*PipSize //range = high - low IF PatternToday THEN EntryPrice = HIGH ENDIF IF high > EntryPrice AND Summation[3](PatternToday) AND Not OnMarket THEN BUY 1 CONTRACT AT MARKET ENDIF

  1 2 3 4 5 6 7

  PatternToday = range > 5*PipSize   //range = high - low IF PatternToday THEN    EntryPrice = HIGH ENDIF IF high > EntryPrice AND Summation[3](PatternToday) AND Not OnMarket THEN    BUY 1 CONTRACT AT MARKET ENDIF

  

  robertogozzi

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