Good day
I am looking for someone that can help me to code a automatic strategy.. it is a very simple strategy which i use on a daily basis but i want to automate it.. I have no
coding experience so thats why i need someone that can help me please.
Thanks
ill help u. Whats the rules? (i got 200K bars as well)
Thank you for the reply..
The rules are- for south african 40 and dax on 15 min chart
Markets open at 9 am my time: There is a candle that forms 8:45 to 9:00.
At exactly 9 am I want to place a buy stop above the high and a sell stop below the low of the 8:45 candle.
When one order is triggered the other must be canceled.
Stop loss must be adjustable and that i will test once i can do back testing.
Tp must also be adjustable.
A second option must also be available to add another trade at example 50 points from first entry. Like hedging but i will also test it first.
So basically breakout of 8:45 candle with adjustable sl and tp. Contracts must also be adjustable 1 or 2 or 5 contracts ect..
Hope it is clear
Thank you
Hi
IS there a way to contact you via a message system or how can we talk if there are any questions?
Thanks
Lombard974 – Do not double post as it just wastes the time of those trying to help you and leads to confusion – especially if you double post in the wrong forums! Both Roberto and I have had to waste time moving and deleting your posts this morning. Double posting does not get you a faster or better answer – in fact it does the opposite!
If you want to place two pending orders and cancel one when the other is filled then you will need to use MTF on a very fast time frame which will massively limit your back test data available to test on.
Hedging is not possible in PRT as you cannot have a strategy both long and short at the same time. You would need two strategies and simulate the other strategy in each. There would however be some inaccuracy in prices as the fill price is not always the same as the close or open price that you would be simulating with.
Hi Vonasi
Sorry its my first time using the forum and i dont know exactly how to reply.. sorry for that. What i mean with hedging and maybe its not the right term.. If for example my sell order is triggered at that specific time buy stop is canceled and another sell stop order is placed 50 points below my entry.. if prices goes doen further it triggers the second sell.. so i have 2 short trades running with same tp.
I hope it is clear?
Thanks
Something like this will mean that your buy order is cancelled after 1 second if your sell order is hit. It then sends a pending order every second to the market 50 pips from your entry price until that is filled.
timeframe(daily)
longlevel = high[1] //long entry price - yesterdays high in this example.
shortlevel = low[1] //short entry price - yesterdays low in this example.
timeframe(1 second)
if not onmarket then
buy 1 contract at longlevel stop
sellshort 1 contract at shortlevel stop
endif
if countofposition = 1 then
buy 1 contract at tradeprice + 50 stop
endif
if countofposition = -1 then
sellshort 1 contract at tradeprice - 50 stop
endif
Hi
Thank you for the reply.. is this the complete code for my strategy i want to implement? How do i change code for 15 min time frame?
I am trying to read up in the documentation but dont know how to put it all together.
Can you please help me with the complete code?
Than you
No this is not a complete strategy. It is just showing how you can send long and short pending orders to the market and cancel one if the other is filled – and then to allow a second position to be entered once the first is opened.
Is it possible you can help with the complete code? I am trying but just getting errors.. I have no idea what i am doing.
thank you
Is it possible you can help with the complete code?
I’m busy with other stuff tomorrow and then flying back to Greece the next day so time is a bit short at the moment. Perhaps someone else can help as it is only adding stoploss and take profit and adding some trading times in? You may need to give more detail such as do you want the TP and SL levels to be at the same levels for the added positions as for the first positions etc.
Be aware as I said before that to have one order cancel another order means that you have to use the 1 second time frame and so worthwhile back testing is going to be pretty hopeless due to the limited data sample in the 1 second time frame.
Hi Lombard974, I am sure I can assist you with the coding if you are looking for more comprehensive assistance: http://www.FXautomate.com
DEFPARAM CumulateOrders = false
DEFPARAM FLATBefore = 084500 //09:00
DEFPARAM FLATAfter = 210000 //21:00
DEFPARAM PreLoadBars = 2000
ONCE nLots = 5
ONCE MaxPrice = 999999
ONCE MinPrice = 0
ONCE FirstHour = 090000
IF time = FirstHour THEN
MaxPrice = highest[3](high) //Il massimo/minimo delle ultime 12 barre
MinPrice = lowest[3](low) // (ogni ora = 12 barre da 5 minuti)
ENDIF
//************************************************************************
// trailing stop function
trailingstart = 20 //5 trailing will start @trailinstart points profit
trailingstep = 50 //5 trailing step to move the "stoploss"
//
//reset the stoploss value
IF NOT ONMARKET THEN
newSL=0
ENDIF
//manage long positions
IF LONGONMARKET THEN
//first move (breakeven)
IF newSL=0 AND close-tradeprice(1)>=trailingstart*pipsize THEN
newSL = tradeprice(1)+trailingstep*pipsize
ENDIF
//next moves
IF newSL>0 AND close-newSL>=trailingstep*pipsize THEN
newSL = newSL+trailingstep*pipsize
ENDIF
ENDIF
//manage short positions
IF SHORTONMARKET THEN
//first move (breakeven)
IF newSL=0 AND tradeprice(1)-close>=trailingstart*pipsize THEN
newSL = tradeprice(1)-trailingstep*pipsize
ENDIF
//next moves
IF newSL>0 AND newSL-close>=trailingstep*pipsize THEN
newSL = newSL-trailingstep*pipsize
ENDIF
ENDIF
//stop order to exit the positions
IF newSL>0 THEN
SELL AT newSL STOP
EXITSHORT AT newSL STOP
ENDIF
//************************************************************************
// LONG
a1 = price1 CROSSES OVER MaxPrice
IF a1 THEN
Buy nLots CONTRACT AT MARKET
MaxPrice = 999999
MinPrice = 0
ENDIF
// SHORT
b1 = price2 crosses under MinPrice
IF b1 THEN
Sellshort nLots CONTRACT AT MARKET
MaxPrice = 999999
MinPrice = 0
ENDIF
price1 = TotalPrice > maxprice
price2= TotalPrice < minprice
ENDIF
Hello
I treid to modify this code i fund in the forum.. To enter the trade when it breaks the high or the low of the previous bar and not to wait for the close first. I am trying to define the price to break the highest or lowest of the MAXPRICE an MINPrice but dont know how to do it. Can you please assist me to fix it,
Thanks
I dont know how to set it up so that it uses a sl… Because the trailing stop works but sometimes the trade goes into negative from the start and then it doesnt close for a long time or until account is empty.
