Reset trade ok if above bollinger middle

• 09/15/2019 at 3:22 PM #107590
  Crillezz

  Hey! I need help with a code.

  For example.

  Buy if close is below bollinger low and the system stopped me out -20P.

  Now I do not want it to take more trades before it has reached bollinger middle first.

  Then it can start looking for a trade again if close is below bollingerband low.

   

  For example

  OK = 1

  OK = 0

  If c1 and Ok = 1 then

  buy 1contract at market.

   

  

  Crillezz

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  09/15/2019 at 4:49 PM #107607
  robertogozzi

  This will reenable trading after you had previously disabled it.

  Example with a 20-period BB:

  If low <= Average[20,0](close) Then Ok = 1 Endif

  1 2 3

  If low <= Average[20,0](close) Then    Ok = 1 Endif

   

  

  robertogozzi

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  09/16/2019 at 5:58 AM #107646
  Crillezz

  Thx Roberto.

  Not really what I was looking for.

  Here is a picture so it becomes easier to understand what I mean.

  Don’t know how to get OK to 0 and then reset to 1 again?

  

  Crillezz

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  09/16/2019 at 7:45 AM #107655
  robertogozzi

  So you don’t need to reset OK if above Bollinger middle, but also to clear it after a trade?

  Please post the code you have already written.

  

  robertogozzi

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  09/16/2019 at 2:08 PM #107720
  jebus89

  So in the first pic close is never above the boll middle after the first trade is done, so that actually dosnt make sense.

   

  You could use something like “highest[10](close) >  highest[10](average[20](close))”

   

  someone please correct me if im wrong, but that would mean that for the past 10 bars (or whatever number you would use), price must have been above the moving average 20 (aka bollinger middle) But that would also mean that the “move” so to speak has to happen within XX bars, probably not exactly what you wanted but its at least a step in the right direction..

   

   

  

  jebus89

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  09/16/2019 at 9:28 PM #107782
  Crillezz

  If long and stopped then Ok should be 0.  Then the system cannot do any trade  because  OK=0.

  To reset OK to 1 again, the price must be up to bollinger middle.

  Then it is allowed to take a trade again. because OK=1.

   

  The idea is to avoid buying and buying and the price continues to fall.

  I want it to be normal conditions again before the system takes on a new trade.

  Hope it helps

  /Christian

  I think that everything is back to normal when the price went up to bollinger middle after a fall.

  

  Crillezz

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  09/16/2019 at 9:34 PM #107786
  Crillezz

  Yes. but not just after a certain number. Price must be above bollinge middle

   

  So in the first pic close is never above the boll middle after the first trade is done, so that actually dosnt make sense.

   

  You could use something like “highest[10](close) >  highest[10](average[20](close))”

   

  someone please correct me if im wrong, but that would mean that for the past 10 bars (or whatever number you would use), price must have been above the moving average 20 (aka bollinger middle) But that would also mean that the “move” so to speak has to happen within XX bars, probably not exactly what you wanted but its at least a step in the right direction..

  

  Crillezz

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  09/16/2019 at 9:39 PM #107787
  Crillezz

  If long and stopped OK changes from 1 to 0.

  If Close > Avarage[20,0]Close Then

  OK=1

  

  Crillezz

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  09/16/2019 at 11:13 PM #107792
  robertogozzi

  Crillezz wrote:

  Yes. but not just after a certain number. Price must be above bollinge middle

  So in the first pic close is never above the boll middle after the first trade is done, so that actually dosnt make sense.

  You could use something like “highest[10](close) > highest[10](average[20](close))”

  someone please correct me if im wrong, but that would mean that for the past 10 bars (or whatever number you would use), price must have been above the moving average 20 (aka bollinger middle) But that would also mean that the “move” so to speak has to happen within XX bars, probably not exactly what you wanted but its at least a step in the right direction..

  No, what you want to achieve needs to be written, to just check that:

  summation[10](close) > highest[10](average[20](close)) = 10

  1	summation[10](close) >  highest[10](average[20](close)) = 10

  to check that ALL last 10 bars CLOSE has always been > highest[10](average[20](close)).

   

  

  robertogozzi

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