Basic question

• 06/16/2016 at 9:21 AM #9444
  verygrubby

  Hello all,

  I’m new to all this, and trying to work out what some of the detail in the auto-generated code means.

  In the section below, what exactly does the “[1]” bit mean at the end? Is it something to do with offsetting candles when deciding when to enter the trade?

  // Conditions to enter long positions indicator1 = close indicator2 = SAR[0.02,0.02,0.11] c1 = (indicator1 CROSSES OVER indicator2[1])

  1 2 3 4

  // Conditions to enter long positions indicator1 = close indicator2 = SAR[0.02,0.02,0.11] c1 = (indicator1 CROSSES OVER indicator2[1])

   

  Much appreciated,

  Grubby

  

  verygrubby

  Participant

  Topics: 20

  Replies: 99

  Been thanked: 21 times
  06/16/2016 at 2:47 PM #9454
  Nicolas

  Hello, yes the number under brackets is the candlestick/period offset in the past.

  

  Nicolas

  Keymaster

  Topics: 81

  Replies: 20863

  Been thanked: 4774 times
  06/16/2016 at 6:23 PM #9464
  verygrubby

  Thanks for that. I have another question if you don’t mind   :).

  Im trying to trigger buys/sells when the price moves above/below the parabolic SAR. However, my attempt at the code (e.g. see below) seems to trigger buys at unexpected points – its certainly not doing what I hoped.

  e.g. in the attached screenshot I would have expected a BUY at approx 8.08am (when price moved above the SAR, switching it to green) , and a SELL at approx 8.19am (when the price moved below the SAR, switching it to red)…. but its done something completely different (no BUY at 8.08, but a BUT at 8.19)…

  

  any ideas what i’ve done wrong?

   

  thanks

   

  // Conditions to enter long positions
  indicator1 = close
  indicator2 = SAR[0.2,0.2,0.2]
  c1 = (indicator1 CROSSES OVER indicator2[1])

  IF c1 THEN
  BUY 2 PERPOINT AT MARKET
  ENDIF

   

  

  verygrubby

  Participant

  Topics: 20

  Replies: 99

  Been thanked: 21 times
  06/16/2016 at 8:12 PM #9469
  Adolfo

  In your first code SAR parameter was (0.02,0.02,0.11), in 2nd post you’ve (0.2,0.2,0,2), is it correct?

  indicator1 = close indicator2 = SAR[0.02,0.02,0.11] c1 = (indicator1 < indicator2) IF c1 THEN BUY 2 PERPOINT AT indicator2 STOP ENDIF

  1 2 3 4 5 6

  indicator1 = close indicator2 = SAR[0.02,0.02,0.11] c1 = (indicator1 < indicator2) IF c1 THEN BUY 2 PERPOINT AT indicator2 STOP ENDIF

  This is what I suggest to you, while price is under SAR, you set an STOP order at SAR price in order to be filled is price touch it.

  

  Adolfo

  Participant

  Topics: 15

  Replies: 169

  Been thanked: 24 times
  06/16/2016 at 9:44 PM #9472
  verygrubby

  Thanks Adolfo… i will give that a go

  

  verygrubby

  Participant

  Topics: 20

  Replies: 99

  Been thanked: 21 times
• Author
  Posts