Point Change after Close

• 04/23/2019 at 12:19 PM #96982
  Darren Nash

  Hi All,

  I’m new to the forum.

  I want to write logic where a trade executes based off points change from close price – i.e. if the ASX is 30 points up after the close, execute (along with other params).

  Can someone help/point me in the right direction to code this?

  Thanks

  Darren

  

  Darren Nash

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  04/23/2019 at 12:55 PM #96986
  robertogozzi

  If you want to place orders at market then you have to tell us what CLOSE you want to use as a reference, yesterday, 9am or which one?

  If you want to place pending orders, then you can write (long trade):

  Buy 1 contract at close + 30 * pipsize Stop

  1	Buy 1 contract at close + 30 * pipsize Stop

   

  

  robertogozzi

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  04/23/2019 at 12:58 PM #96988
  robertogozzi

  Please update your Country flag in your profile.

  Thank you.

  

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  04/23/2019 at 1:12 PM #96991
  Darren Nash

  Thanks Roberto, in this case, its 4pm sydney time.  And I will update my flag, thanks.

  

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  04/23/2019 at 1:17 PM #96992
  robertogozzi

  You can save the current price, then place the following order:

  If time = 040000 then EntryPrice = close + 30 * pipsize Endif If close > EntryPrice then Buy 1 contract at market Endif

  1 2 3 4 5 6

  If time = 040000 then    EntryPrice = close + 30 * pipsize Endif If close > EntryPrice then    Buy 1 contract at market Endif

  I assume in Sydney it’s 4am now.

  

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  04/23/2019 at 1:57 PM #96995
  doctorntz3

  If you want to buy above or below yesterday market close value you can use DClose(1)

  if close >= (DClose(1) + 30) then Buy 1 contract at market endif

  1 2 3

  if close >= (DClose(1) + 30) then Buy 1 contract at market endif

  Note: In the example above I use 30, but depending on the instrument you are trading that number might be 0.30

  Hope this helps

  3 users thanked author for this post.

  Darren Nash, Nicolas, robertogozzi

  

  doctorntz3

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  04/23/2019 at 2:33 PM #96997
  Nicolas

  doctorntz3 wrote:

  Note: In the example above I use 30, but depending on the instrument you are trading that number might be 0.30

  good, we could also make it universal by multiplying 30 with the pipsize value of the current instrument:

  if close >= (DClose(1) + 30*pipsize) then Buy 1 contract at market endif

  1 2 3

  if close >= (DClose(1) + 30*pipsize) then Buy 1 contract at market endif

   

  

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  08/01/2019 at 2:16 AM #103917
  Darren Nash

  Sorry been away.  Thanks for the reply

  

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  08/01/2019 at 7:24 AM #103926
  robertogozzi

  Please update your Country flag in your profile.

  Thank you.

  

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