Runs on the 1 minute timeframe on US Tech 100 It’s traditionally run on the daily timeframe but I found out it works exceptionally on the 1 minute timeframe.
The rules of the 3-day high/low method/strategy converted to the 1 minute timeframe looks like this:
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The latest bar close must be higher than the 200bars moving average.
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The latest bar close must be lower than the 5-bars moving average.
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Two bars ago both the high and low were lower than the bar before.
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The high and low of the previous bar must be lower than the bar before that.
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The high and low must be lower than the previous bar.
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If conditions 1-5 are true, then buy.
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Exit at the bar close when prive is above above the 5-bar moving average.
The code
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//////////////////////////////////////////////////////////////////////// // _____ _____ _ _ // // | __ \ | __ \ | | /\ | | // // | |__) | __ ___ | |__) |___ __ _| | / \ | | __ _ ___ ___ // // | ___/ '__/ _ \| _ // _ \/ _` | | / /\ \ | |/ _` |/ _ \/ __| // // | | | | | (_) | | \ \ __/ (_| | |/ ____ \| | (_| | (_) \__ \ // // |_| |_| \___/|_| \_\___|\__,_|_/_/ \_\_|\__, |\___/|___/ // // __/ | // // The highest rated developer on Trustpilot |___/ // // ProRealAlgos.com // //////////////////////////////////////////////////////////////////////// DefParam CumulateOrders=False noEntryBeforeTime = 150000 noEntryAfterTime = 220000 C1=Close>Average[200](Close) C2=Close<Average[5](Close) C3A=High[2]<High[3] C3B=Low[2]<Low[3] C4A=High[1]<High[2] C4B=Low[1]<Low[2] C5A=High<High[1] C5B=Low<Low[1] If C1 and C2 and C3A and C3B and C4A and C4B and C5A and C5B and time >= noEntryBeforeTime and time <= noEntryAfterTime then Buy 1 contract at Market SET STOP %LOSS 1.4 EndIf If Close>Average[5](Close) and (dlow(0) < dlow(1) xor dhigh(0) < dhigh(1)) then Sell at Market EndIf if dlow(0) > dlow(1) and dhigh(0) < dhigh(1) then sell at market endif |
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It works well, as it trade 1m chart and there’s no much data. Can you code with selling mode too?
Thanks
Hi Crusoe76. Do you mean that you would like a short version of this?
yes please
Hi, first of all thank you for your sharing.
I’m new of ProRealTime and I can’t replicate your performance. I ran the strategy on US Tech 100 Cash (1$) with M1 timeframe and the win/loss ratio is 1.81
Where I wrong?
thank you in advance!