price question

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    Posts
  • 05/01/2018 at 6:56 PM #69608 quote
    Pjotterd
    Participant
    Average

    Hi,

    I’m using the code below. There is just one thing I want to change. I don’t want the order to start on ‘close’ but I want the order to start when the price hits “orderhigh” or “orderlow”. What do I have to adjust in the code below?

    // RANGE between 0000h to 0600h
IF TIME=060000 THEN
channelhigh = Highest[12](high)
channellow = Lowest[12](low)
ENDIF

// orderlines 3.5
orderhigh= channelhigh + 3.5*pipsize
orderlow= channellow - 3.5*pipsize


// BREAKOUT Conditions
c1= close > orderhigh
c2= close < orderlow

// LONG Positions-Opening
IF Operationaltime and c1 AND alreadytraded = 0 THEN
BUY 10 CONTRACT AT MARKET
alreadytraded = 1
ENDIF
 
// SHORT Positions-Opening
IF Operationaltime and c2 AND alreadytraded = 0 THEN
SELLSHORT 10 CONTRACT AT MARKET
alreadytraded = 1
ENDIF
    05/02/2018 at 9:22 AM #69615 quote
    Nicolas
    Keymaster
    Master

    You have to use pending STOP orders:

    if onmarket then 
 alreadytraded=1 
endif

// RANGE between 0000h to 0600h
IF TIME=060000 THEN
channelhigh = Highest[12](high)
channellow = Lowest[12](low)
ENDIF

// orderlines 3.5
orderhigh= channelhigh + 3.5*pipsize
orderlow= channellow - 3.5*pipsize


// LONG Positions-Opening
IF Operationaltime AND alreadytraded = 0 THEN
BUY 10 CONTRACT AT orderhigh stop
//alreadytraded = 1
ENDIF
 
// SHORT Positions-Opening
IF Operationaltime AND alreadytraded = 0 THEN
SELLSHORT 10 CONTRACT AT orderlow stop
//alreadytraded = 1
ENDIF

    Because we can’t know in advance when the order is triggered, the “alreadytraded” variable is to test only when you are on market (and at the beginning of the code, to prevent new pending order while already at market and because the code is read from top to bottom).

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price question


ProOrder: Automated Strategies & Backtesting

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Pjotterd @pjotterd Participant
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This topic contains 1 reply,
has 2 voices, and was last updated by Nicolas
7 years, 10 months ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 05/01/2018
Status: Active
Attachments: No files
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