Hi guys,

Just saw this. How are you getting on with it? I think the general premise might have legs but you’ll need a few entry / exit  filters to make it stable and usable in the long run. On its own it will just spin its wheels (but that’s actually a good thing which is why I say it probably has legs).

Here is a quick a dirty solution for you (long only – let’s start just on one side). I did a quick optimization on EUR/USD M30. It’s super rough and probably a bit curve fitted so keep that in mind. Nevertheless the parts are there for you to build on. You can have a play now with various some filters and rules and share results if you like. I might come back to this again if I have some time.

All the best,

M

// timeframe: M30
// instrument: FX
// pairs: EUR_USD

DEFPARAM CumulateOrders = FALSE

// period = 32 //64

// Murray Indicator
once Top = undefined
once Btm = undefined
once MP = undefined
once h5 = undefined
once h4 = undefined
once h3 = undefined
once h2 = undefined
once h1 = undefined
once l1 = undefined
once l2 = undefined
once l3 = undefined
once l4 = undefined
once l5 = undefined
//once cc = undefined

mData = close // open / low / typical etc
if barIndex >= period then
h5   = h4 +  ( Top - Btm )/ 8
h4   = Top + ( Top - Btm )/ 8
Top = highest[period](mData)
h3   = Top - ( Top - Btm )/8
h2   = h3 -  ( Top - Btm )/8
h1   = h2 -  ( Top - Btm )/8
MP   = h1 -  ( Top - Btm )/8
l1   = MP -  ( Top - Btm )/8
l2   = l1 -  ( Top - Btm )/8
l3   = l2 -  ( Top - Btm )/8
Btm  = lowest[period](mData)
l4   = Btm - ( Top - Btm )/8
l5   = l4 -  ( Top - Btm )/8
//cc   = customclose
endif

// -- candle pattern logic --
bullishEngulfing = OPEN[1] > CLOSE[1] AND CLOSE > OPEN AND CLOSE[1] >= OPEN AND CLOSE >= OPEN[1]
bearishEngulfing = CLOSE[1] > OPEN[1] AND OPEN > CLOSE AND OPEN[1] >= CLOSE AND OPEN >= CLOSE[1]
darkcloudcover   = CLOSE[1] < OPEN[1] AND OPEN < CLOSE[1] AND CLOSE > OPEN[1]
piercing         = CLOSE[1]<OPEN[1] AND OPEN< CLOSE[1] AND CLOSE>(CLOSE[1]+(OPEN[1]-CLOSE[1])/2) AND CLOSE < OPEN[1]
//MA = average[200, 1](Close)


MurrayBuy  = low  < L1 and low  > L2
MurraySell = high > H1 and high < H2

// -- long entry rules --
bc1 = not longOnmarket and murrayBuy
bc1 = bc1 and (BullishEngulfing or piercing)
//bc1 = bc1 and MA > MA[2]

// -- short entry rules
sc1 = not shortOnMarket and murraySell
sc1 = sc1 and (bearishengulfing or darkcloudcover)

// -- long exit rules --
le1 = longOnMarket
le1 = (le1 and bearishEngulfing ) or (le1 and darkCloudCover)
le1 = le1 or sc1

if bc1 then
BUY 2 CONTRACT AT MARKET
SET STOP PLOSS 10
set target pProfit (MP-close)*pipsize
ENDIF

if le1 then
sell at market
endif

// just looking at long for now
//IF MurraySell and (bearishengulfing or darkcloudcover)  THEN
//SELLSHORT 2 CONTRACT AT MARKET
//SET STOP PLOSS 10
//ENDIF

// ignore (just so the interpreter doesn't crap out)
if l3 or h4 or l5 or h5 then
// ignore
endif