Price greater or less than opening bar

• 10/02/2022 at 3:00 PM #201779
  maleczek

  Hello

   

  I’m sorry if this seems obvious but I have tried many ways that seemed logical but don’t work – for me!

  Can anyone help please?

  When a signal is received the size and colour of the first bar is noted … then if the bar is green and CLOSE of any of the following bars is higher a BUY is activated or if the first bar is red and the CLOSE of any of the following bars is lower a SELLSHORT is activated.

  Each bar to the next signal is checked against the first bar of the run and if none meet the criteria the cycle starts over the next time the signal is triggered – and a new ‘first bar’ is established.

  I have tried setting an upper or lower variable against the value of the first bar and testing with greater/equal or lower/equal or crosses over/crosses under but I must be missing something ???

  Thanks

   

  

  maleczek

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  10/02/2022 at 3:27 PM #201782
  robertogozzi

  There you go:

  ONCE LongEntry = 0 ONCE ShortEntry = 0 Green = close > open Red = close < Open MySignal = ........... IF MySignal AND Not OnMarket THEN IF Green THEN LongEntry = close ShortEntry = 0 ELSIF Red THEN LongEntry = 0 ShortEntry = close ENDIF ENDIF IF OnMarket THEN LongEntry = 0 ShortEntry = 0 ENDIF IF LongEntry AND (close > LongEntry) THEN BUY 1 CONTRACT AT MARKET LongEntry = 0 ShortEntry = 0 ELSIF ShortEntry AND (close < ShortEntry) THEN SELLSHORT 1 CONTRACT AT MARKET LongEntry = 0 ShortEntry = 0 ENDIF SET STOP pLOSS 150 SET TARGET pPROFIT 300

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29

  ONCE LongEntry  = 0 ONCE ShortEntry = 0 Green = close > open Red   = close < Open MySignal = ........... IF MySignal AND Not OnMarket THEN    IF Green THEN       LongEntry  = close       ShortEntry = 0    ELSIF Red THEN       LongEntry  = 0       ShortEntry = close    ENDIF ENDIF IF OnMarket THEN    LongEntry  = 0    ShortEntry = 0 ENDIF IF LongEntry AND (close > LongEntry) THEN    BUY 1 CONTRACT AT MARKET    LongEntry  = 0    ShortEntry = 0 ELSIF ShortEntry AND (close < ShortEntry) THEN    SELLSHORT 1 CONTRACT AT MARKET    LongEntry  = 0    ShortEntry = 0 ENDIF SET STOP   pLOSS   150 SET TARGET pPROFIT 300

  in line 5 you will need to define what MySignal is.

   

  

  robertogozzi

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  10/02/2022 at 6:37 PM #201791
  maleczek

  Thank you Roberto

   

  

  maleczek

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