Simple reversal scalper

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  • 09/28/2018 at 12:08 PM #81487 quote
    Stratus6
    Participant
    Junior

    Here is my min scalper.

    Buy side only.

    Works pretty well in most time frames

    Only issue I have is it needs monitoring as sometimes the stop level – which initially shows up fine occasionally disappears. Not sure where I have got the code wrong here!

    Any help with this would be appreciated.

    screen-shot-at-15380689378cp4l.png screen-shot-at-15380689378cp4l.png Mini-reversal.itf
    09/28/2018 at 12:13 PM #81536 quote
    Nicolas
    Keymaster
    Master

    The stop order is disapearring because pending order only last one bar, and you put it only one time when you trigger the buy at market order. In the code below, I moved it outside of this conditional block and create a new one where the pending order will be placed continuously and only if we are on market.

    //Mini reversal

DEFPARAM CumulateOrders = True //
DEFPARAM Preloadbars = 1000
DEFPARAM Flatbefore = 080000
DEFPARAM Flatafter = 210000
DaysForbiddenEntry = OpenDayOfWeek = 5 OR OpenDayOfWeek = 0

x = 4// bar height

// Conditions to enter Long positions
c1 = Close[0] > Close[1] + (Open[1] - Close[1]) * 0.9

c2 = Close[0] < Open[2] - (Open[2] - Close[2]) * 0.9

c3 = (Open[3] - Close[3]) > x

c4 = (Open[2] - Close[2]) > x

c5 = (Open[1] - Close[1]) > x

c6 = Close[0] > Open[0]

Once Downstop = 1
Once Uptarget = 1

If c1 and c2 and c3 and c4 and c5 and c6 and not DaysForbiddenEntry then
BUY 10 lots at Market

Uptarget = abs(Open[1] - Close[0])
Downstop = Lowest[2](low) - 1

Set Target pProfit Uptarget


Endif

if onmarket then  
 Sell at Downstop stop
endif
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Simple reversal scalper


ProOrder: Automated Strategies & Backtesting

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Stratus6 @stratus6 Participant
Summary

This topic contains 1 reply,
has 2 voices, and was last updated by Nicolas
7 years, 5 months ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 09/28/2018
Status: Active
Attachments: 2 files
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