Request for Automated strategy 2BarUpDn

• 06/24/2021 at 8:51 PM #172363
  martobrien1

  Hi Folks,

  Does any have a code for a strategy i would like to use?

  Entry on 2nd bar for  long and to short

  Exit on 2nd bar ie, red to exit long, and exit on 2nd green bar for shorting

  Also to be able to stop automated on either long or short while allowing one or the other to run.

   

  I thank you for allowing me to pick your brains

  Margaret

  

  martobrien1

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  06/24/2021 at 9:08 PM #172366
  robertogozzi

  When launching the strategy how does the count of bars need to start?

  The first two green bars trigger a Long trade and the first two red bars a Short trade?

  So it’s a continuous Stop & Reverse where two bars of the same colour exit an open trade and open a new, opposite, one?

  What’s the rule to stop trading one direction or the other?

   

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  robertogozzi

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  06/24/2021 at 9:16 PM #172367
  martobrien1

  Hi Roberto

  Yes that’s correct the entry on 2nd bar of either and exit on 2nd bar is like a stop and reversal yes.

  The rule for to stop either going long or short running in automated doesn’t need to be a rule but i thought it may be good fine tuning in case of say a long trade where the shorts weren’t worth taking where you could intervene and put  stop to the shorts or longs to minimize losses.

  But yes the reversal continuously is my main brainchild.

  What do you think lol!

   

  

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  06/24/2021 at 9:19 PM #172368
  martobrien1

  As for the start of the strategy simply just on the 2nd bar for entry say 1 red then 2nd consecutively would be entry point

  

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  06/24/2021 at 9:28 PM #172370
  martobrien1

  i have carried out calculations and tested via a walkthrough in realtime and the results are good enough for my first strategy idea

  

  martobrien1

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  06/24/2021 at 9:35 PM #172371
  martobrien1

  Incase you test the strategy i have been using Heikin Ashi and the results can vary dependant on the market best 5 minute time frame

  

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  06/24/2021 at 9:58 PM #172375
  robertogozzi

  Ok, I’ll code something asap.

   

  

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  06/24/2021 at 10:46 PM #172376
  martobrien1

  i can see your page and im very impressed with your trading resume also that you make codes for prorealcode if there is a cost for your services please let me know, and thankyou Roberto, Margaret

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  06/24/2021 at 10:53 PM #172377
  robertogozzi

  On the forum coding is absolutely free.

   

  

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  06/24/2021 at 11:18 PM #172379
  martobrien1

  Thankyou very much!

  

  martobrien1

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  06/24/2021 at 11:28 PM #172380
  martobrien1

  signing off tonight until tomorrow

  

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  06/25/2021 at 3:14 PM #172430
  robertogozzi

  There you go, this is the basic code (tested on DAX, Daily TF):

  DEFPARAM CumulateOrders = False Bullish = close > open Bearish = close < open BullishSignal = Bearish[2] AND Bullish[1] AND Bullish BearishSignal = Bullish[2] AND Bearish[1] AND Bearish IF BullishSignal AND Not LongOnMarket THEN BUY 1 CONTRACT AT MARKET ELSIF BearishSignal AND Not ShortOnMarket THEN SELLSHORT 1 CONTRACT AT MARKET ENDIF

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  DEFPARAM CumulateOrders = False Bullish = close > open Bearish = close < open BullishSignal = Bearish[2] AND Bullish[1] AND Bullish BearishSignal = Bullish[2] AND Bearish[1] AND Bearish IF BullishSignal AND Not LongOnMarket THEN    BUY 1 CONTRACT AT MARKET ELSIF BearishSignal AND Not ShortOnMarket THEN    SELLSHORT 1 CONTRACT AT MARKET ENDIF

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  06/25/2021 at 8:45 PM #172478
  martobrien1

  Thanks Roberto i will test your strategy now,  you are a great person!

  

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  06/26/2021 at 3:02 PM #172527
  murre87

  Can someone present backtest 6 month for this one

  

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  06/26/2021 at 4:52 PM #172537
  Paul

  MTF might be interesting. 4hour timeframe,  2 or xx bars minimum green/red , in Heikin Ashi

  15 minute entry every 2nd or xx bar only in the direction set by 4 hour, also with  Heikin Ashi.

  Maybe close on change in direction in 15m, but not trading against the 4 hour trend.

   

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