Hi,
I use a very simple rule to enter trades. If previous candle closes green -> then long. If previous candle closes red -> then short.
As an example, for long I use (close[0] > open[0])
Sometimes a candle will close green then enter a short and visa versa.
Is there a better code I can use to implement this instruction correctly?
Thank you in advance!
Kind regards,
Anton
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IF NOT ONMARKET THEN
LONGRULE = (close [ 0 ] > open [ 0 ] )
SHORTRULE = (open [ 0 ] > close [ 0 ] )
IF LONGRULE and TradeAllowed= 1 THEN
BUY PositionSize CONTRACT AT MARKET
SET TARGET PROFIT TPT //TPT2
SET STOP LOSS SSS //SSS2
ENDIF
IF SHORTRULE and TradeAllowed= 1 THEN
SELLSHORT PositionSize CONTRACT AT MARKET
SET STOP LOSS SSS//SSS2
SET TARGET PROFIT TPT//TPT2
ENDIF
ENDIF
.
