: Forum [beta-testing] multi timeframe support for automatic trading, ideas are welcome!

07/22/2018 at 3:13 PM #76468

Sofitech

I did not have the opportunity to test this code as i do not have access to MTF with IG now.
But, this is a piece of code i would try to improve when I can.
It is only buy at the moment. You can make it run on EURUSD M1 to test it.. maybe it will be very bad i do not know.
The idea in the future would be to improve the MM and the exit method (Entry in M1 but manage a breakeven in M1 + exit in M5 or M15…).

// Définition
DEFPARAM CumulateOrders = False 
DEFPARAM FLATBEFORE = 090000
DEFPARAM FLATAFTER = 120000

TIMEFRAME(5 minutes)
haclose=(open+close+low+high)/4
haopen=(haopen[1]+haclose[1])/2
sto = Stochastic[5,3](close)
bull5=(haclose>haopen) and (sto>sto[1]) and (sto<80)

TIMEFRAME(15 minutes)
haclose=(open+close+low+high)/4
haopen=(haopen[1]+haclose[1])/2
sto = Stochastic[5,3](close)
bull15=(haclose>haopen) and (sto>sto[1]) and (sto<80)

TIMEFRAME(default)
haclose=(open+close+low+high)/4
haopen=(haopen[1]+haclose[1])/2
sto = Stochastic[5,3](close)
Average=Average[3]
Signal= (haclose>haopen) and (sto>sto[1]) and (sto<80) and sto CROSSES OVER average)

if bull5 and bull15 and signal then
 buy at market 
endif 

// Close position
TIMEFRAME(default)
sto = Stochastic[5,3](close)
IF sto CROSSES OVER 80 THEN
SELL AT MARKET
ENDIF

// Stops
SET STOP pLOSS 15

// Définition

DEFPARAM CumulateOrders = False

DEFPARAM FLATBEFORE = 090000

DEFPARAM FLATAFTER = 120000

TIMEFRAME(5 minutes)

haclose=(open+close+low+high)/4

haopen=(haopen[1]+haclose[1])/2

sto = Stochastic[5,3](close)

bull5=(haclose>haopen) and (sto>sto[1]) and (sto<80)

TIMEFRAME(15 minutes)

haclose=(open+close+low+high)/4

haopen=(haopen[1]+haclose[1])/2

sto = Stochastic[5,3](close)

bull15=(haclose>haopen) and (sto>sto[1]) and (sto<80)

TIMEFRAME(default)

haclose=(open+close+low+high)/4

haopen=(haopen[1]+haclose[1])/2

sto = Stochastic[5,3](close)

Average=Average[3]

Signal= (haclose>haopen) and (sto>sto[1]) and (sto<80) and sto CROSSES OVER average)

if bull5 and bull15 and signal then

buy at market

endif

// Close position

TIMEFRAME(default)

sto = Stochastic[5,3](close)

IF sto CROSSES OVER 80 THEN

SELL AT MARKET

ENDIF

// Stops

SET STOP pLOSS 15

Sofitech

Participant

Topics: 55

Replies: 147

Been thanked: 10 times