Pending Orders strategy with a reference candlestick

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    Sun Hxiao
    Participant
    New

    Hello,
    I would like to code the following strategy for PRO REAL TIME with PROREALCODE language, NOT MQL4:

    CANDLE OF REFERENCE (COR) = Candle time according to time frame.
    Example for Time Frame “1mn” : if COR = 0730 = candle from 07h30 to 07h31
    Example for time frame “15mn”: if COR = 0700 = candle from 07h00 to 07h15

    H = Highest point of Candle of Reference
    L= Lowest point of Candle of Reference

    FH price = Final High price = Highest point of Candle of Reference + X points
    FL price = Final Low price = Lowest point of Candle of Reference – Y points

    When COR is completed (example: at 07h31 if COR = 07h30) BUY STOP at FH price and SELL STOP at FL price are placed.
    If market price reaches FH price, a buy order at market price is triggered with a TP equal to [H-L-Z] and a SL equal to [H-L-W]. SELL STOP ORDER previously placed at FL price is then canceled.
    If market price reaches FL price, a sell order at market price is triggered with a TP equal to [H-L-Z] and a SL equal to [H-L-W]. BUY STOP ORDER previously placed at FH price is then canceled.

    If any, closed open positions at TIMECLOSE.

    #153307 quote
    robertogozzi
    Moderator
    Master

    >> Please update your country flag in your profile. Thank you 🙂 <<

    #153331 quote
    Vonasi
    Moderator
    Master
    ….and post in the correct forum as per the forum rules. _ ProRealTime Platform Support: only platform related issues. _ ProOrder: only strategy topics. _ ProBuilder: only indicator topics. _ ProScreener: only screener topics _ General Discussion: any other topics. _ Welcome New Members: for new forum members to introduce themselves.   I have moved your topic to the correct forum. Please be more careful with any future topics. 🙂
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Pending Orders strategy with a reference candlestick


ProOrder: Automated Strategies & Backtesting

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Sun Hxiao @sun_hxiao Participant
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This topic contains 2 replies,
has 3 voices, and was last updated by Vonasi
5 years, 2 months ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 12/11/2020
Status: Active
Attachments: No files
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