Basic breakout

• 08/15/2016 at 9:49 AM #11716
  Tom C

  Hi can anyone help me with some basic coding?

  Need to enter long at 0800 when price moves above high of last 3 hours or short position if price goes below last 3 hours.

  Mid there anyway to increase your pip size automatically when your account reaches certain amounts?

  Many Thanks

  TC

  

  Tom C

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  08/20/2016 at 2:08 PM #11941
  robertogozzi

  This  should work:

  // example for H1 timeframe // MaxPrice = highest[3](high) //180 on a 1-minute timeframe (60 x 3) MinPrice = lowest[3](low) //180 on a 1-minute timeframe (60 x 3) IF (TIME = 080000) AND (close > MaxPrice) THEN BUY 1 CONTRACT AT MARKET ENDIF IF (TIME = 080000) AND (close < MaxPrice) THEN SELLSHORT AT MARKET ENDIF

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  //                           example for H1 timeframe // MaxPrice = highest[3](high)                                //180 on a 1-minute timeframe (60 x 3) MinPrice = lowest[3](low)                                    //180 on a 1-minute timeframe (60 x 3) IF (TIME = 080000) AND (close > MaxPrice) THEN BUY 1 CONTRACT AT MARKET ENDIF IF (TIME = 080000) AND (close < MaxPrice) THEN SELLSHORT  AT MARKET ENDIF

   

  

  robertogozzi

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  08/20/2016 at 4:30 PM #11963
  Tom C

  Thanks Roberto,

   

   

  

  Tom C

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  01/27/2017 at 1:56 PM #22748
  ozcabman

  Hello,

  Today was my first day trying to understand the prt platform for back testing and auto trading….I’ve never coded anything before so please be gentle.

  In regards to the above breakout is it possible to set orders one or two pips above the high? From what I have read so far I can only see orders placed AT a above the high price.

  I hope that makes sense.

  Many thanks for any help.

  

  ozcabman

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  01/28/2017 at 2:21 PM #22841
  Nicolas

  MaxPrice and MinPrice variables in the example above are already made of recent highest/lowest price. If you want to add/subtract points to their values, you can add them as follows:

  MaxPrice = highest[3](high) + 2*pointisze MinPrice = lowest[3](low) -2*pointsize

  1 2	MaxPrice = highest[3](high)  + 2*pointisze                       MinPrice = lowest[3](low) -2*pointsize

  Hope it helps.

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  ozcabman

  

  Nicolas

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