Tried creating a strategy out of it.
it has looked good since 2022-12-12, but it does not look good before that time so maybe you have just been lucky.
but i did not manage to create a signal to reverse position when SL is being hit.
im sure someoneelse with a bit more skill can fix that easy though
Defparam cumulateorders = false
ONCE StartTime = 050000
ONCE EndTime = 080000
// trading window
ONCE BuyTime = 080500
ONCE SellTime = 100000
// fixed position size
ONCE PositionSize = 1
// calculate high/low and sl/tp
IF Time >= StartTime AND Time <= EndTime THEN
IF TIME = StartTime THEN
DailyHigh = High
DailyLow = Low
ENDIF
IF High > DailyHigh THEN
DailyHigh = High
ENDIF
IF Low < DailyLow THEN
DailyLow = Low
ENDIF
sl = DailyHigh - DailyLow
tp = sl*2
TradeCounterLong = 0
TradeCounterShort = 0
ENDIF
// position management
// Long
IF Time >= BuyTime AND Time <= SellTime THEN
IF Not LONGONMARKET AND close CROSSES OVER DailyHigh AND close[1] < DailyHigh and TradeCounterLong = 0 THEN
// long
BUY PositionSize CONTRACT AT MARKET
TradeCounterLong = TradeCounterLong + 1
ENDIF
// short
IF Not SHORTONMARKET AND close CROSSES UNDER DailyLow AND close[1] > DailyLow and TradeCounterShort = 0 THEN
SELLSHORT PositionSize CONTRACT AT MARKET
TradeCounterShort = TradeCounterShort + 1
ENDIF
endif
// stops and targets
SET STOP LOSS sl
SET TARGET PROFIT tp
shugParticipant
Junior
Hi Snukle
Thankyou so much for putting that together, much apprecciated. Mabe someone here could add the other part you can’t hopefuly. I would also test it with reducing half the position when first target gets hit and moving stop to break even on remaining trade.
shugParticipant
Junior
shugParticipant
Junior
todays trade, not great but still got small profit,, https://youtu.be/hYAcA5YYi34
shugParticipant
Junior
Thats my trading finnished until after holidays so you guys have a great christmas
You should try AutoTrading (:teasing:) then you can continue without notice. 🙂
Have a great Christmas time !
Same to you shug … hope You and Yours have a Healthy and Festive Christmas and New Year!
Same as above to anybody / everybody reading this!
shugParticipant
Junior
Playing with indicators (I didn’t know how much fun that could be LOL)
This is what I came up with for scalping with indicators for a 1 min timeframe on US30. I’ll play with it a while and see how good it is before commenting about it!
If its all good I’ll ask 1 of you kind people to test it after the holidays.
shugParticipant
Junior
I know I should be learning this programing stuf but I’m still running a buisness as well as trading and its all go, no time to do programming as well as trade! (just incase people think I’m a lazy gitt LOL
I know I should be learning this programing stuf but I’m still running a buisness as well as trading and its all go
What I wanted to tell you earlier on in this topic (after you showed the first video) is that your way of actively managing your trades, would not work for me. At least not what I see you doing in that “other program”. I mean, I am on the phone most time of the day and trading must be able to be an intuition in a fashion that allows me to manage 20-40 trades a day while talking to customers – and even think about solutions for them.
Trading is a very nice job because it can be done in parallel with other things, such a your normal job. But, avoid being in the car, which goes quite well since March 2020. 😉
For me this is a hobby, and the most exciting part of it is getting the Autotrading together. This is an infinite source of demand on creativity. And Yes, this starts with being able to trade manually. See what you do, see how you do it, see why you do it, and transfer that to a program. An almost undoable job.
Cheers,
Peter
shugParticipant
Junior
Hi Peter, I have been active trading for over 10 years on and off, I used to hate watching trades and made every mistake a trader can make over and over again. Even told myself I’ll not do that again (moving stop loss and praying) etc. Still making mistakes to this day but after a lot of accounts blown and words from the misses I thought I better get serious with this market stuf before I end up on the street! Like yourself I look at it as a hobby, id love to think if I can get good enough I could end this other buisness 1 day and retire while I still have relative good health. I’m still up every morning at 3am 7 days a week. i have 4 days off this year and don’t look forward to waiting until next year for another 4 days off. I would love to come accross a magic formular for trading but I realised a while ago that there are diffrent phases to markets and they continue to change. The only thing that is possible to be consistant is yourself because there is nothing I have came accross in the market in all this time that I would call consistant apart from it keeps moving. 1 thing that does annoy me is the fact you can tune yourself into the movements as there happening but as you become aware of that happening your conscious mind starts to bugger it up. When im tuned in to the market i can make 100 trades a day and every 1 of those trades goes into profit, i have proved this time and time again, even thought i was invincable and presumed id be a millionare within months until bang and another account blown (my own fault for thinking I couldnt loss!). Trading too much per point and overtrading. I even tried the higher timeframes but ended up getting up out my bed during the night to see how the trade was getting on. Its bonkers but its a great challenge and I do like a challenge!
shugParticipant
Junior
https://youtu.be/DRMGafNv4oM
Tried scalping a 5 min chart video above
shugParticipant
Junior
Just wondering if anyone here knows of a program for prorealtime that allows you to step a moving average, on CMC it has an option for it but pro realtime chart hasnt. I use them like renko boxes, there is a diffrence though these don’t repaint, if a box completes then it stays complete. I alwase liked the idea of using renko but never could get used to the repainting problems ect with them. Ill attatch a pic of ones using stepped moving averages
