Simple reversal scalper

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

  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.

  

  Stratus6

  Participant

  Topics: 5

  Replies: 8

  Been thanked: 0 times
  09/28/2018 at 12:13 PM #81536
  Nicolas

  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

  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 30 31 32 33 34 35 36 37 38 39 40

  //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

   

  1 user thanked author for this post.

  Stratus6

  

  Nicolas

  Keymaster

  Topics: 81

  Replies: 20874

  Been thanked: 4801 times
• Author
  Posts