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Obtain the close price from an indicator signal 1

markouk · 2016-06-26T09:23:10+00:00

Good morning, how would you obtain the close price from an indicator 1 signal? I thought it would be useful to add a small safety margin to a buy signal before entering a contract. For example in Adolfo’s DAX 5m strategy I see him placing orders that do not get triggered unless the price crosses a limit. But his limits are based on a fixed daily high and low. How can you create a limit based on the trigger from an indicator? You can use this one from Adolfo as an example. I’m not using it but it might make life easier to explain.

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Obtain the close price from an indicator signal 1

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06/26/2016 at 10:23 AM #9856 quote

markouk
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Good morning, how would you obtain the close price from an indicator 1 signal? I thought it would be useful to add a small safety margin to a buy signal before entering a contract. For example in Adolfo’s DAX 5m strategy I see him placing orders that do not get triggered unless the price crosses a limit. But his limits are based on a fixed daily high and low. How can you create a limit based on the trigger from an indicator? You can use this one from Adolfo as an example. I’m not using it but it might make life easier to explain.

06/26/2016 at 10:25 AM #9857 quote

markouk
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Or even just wait one more bar before entering a contract!

06/26/2016 at 12:46 PM #9860 quote

markouk
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Had a mental block and after a break figured this one out 🙂
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Obtain the close price from an indicator signal 1

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markouk @markoukay Participant

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This topic contains 2 replies,
has 1 voice, and was last updated by markouk
10 years, 3 months ago.

Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	06/26/2016
Status:	Active
Attachments:	No files

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Obtain the close price from an indicator signal 1

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Obtain the close price from an indicator signal 1 ProOrder: Automated Strategies & Backtesting

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Obtain the close price from an indicator signal 1

ProOrder: Automated Strategies & Backtesting