//Break-H4 Nasdaq M5
//================================================
DEFPARAM CUMULATEORDERS = false
defparam preloadbars = 5000
//Risk Management
PositionSize=1
timeframe(4hour, updateonclose)
barCount = barIndex
D1 = low
D2 = (Close < Open) //green
D3 = (Close > Open) //red
D4 = (low < low[1])//lowerhigh
D5 = (low > low[1])//higherhigh
//MACDLiniex = MACDline[12,26,9](close) > 0
MA5xx = Average[3,1](typicalprice) //close
MA10xx = Average[10,1](typicalprice) //close
MA15xx = Average[15,1](typicalprice) //15,1 close
myshortx = MA15xx < MA15xx[1]
timeframe(default)
once tradeOn = 1
if intradayBarIndex = 0 then
tradeOn = 1
endif
tradeBar = barCount
if not onMarket and tradeBar<>tradeBar[1] then
tradeOn = 1
endif
//Volaititätfilter
AvgRange = average[20,0](range)
TradeOFF = range > (AvgRange * 3) //no trading if the current range > twice its average //3
// trading window
ONCE BuyTime = 080000
ONCE SellTime = 215500
// position management
IF Time >= BuyTime AND Time <= SellTime THEN
If close crosses under D1 and myshortx and D3 and tradeOn Then //and not c5
sellshort PositionSize CONTRACTS AT MARKET
SET STOP %LOSS 0.9 //100
SET TARGET %PROFIT 1 //125
tradeOn = 0
ENDIF
If close crosses under D1 and myshortx and D2 and tradeOn Then
sellshort positionsize CONTRACTS AT MARKET
SET STOP %LOSS 0.8 //100
SET TARGET %PROFIT 1 //125
tradeOn = 0
ENDIF
endif
////////FOR STOPLOSS MANNGEMENT
startBreakeven = 35
PointsToKeep = 52
once breakeven = 1//1 on - 0 off
//reset the breakevenLevel when no trade are on market
if breakeven>0 then
IF NOT ONMARKET THEN
breakevenLevel=0
ENDIF
// --- BUY SIDE ---
//test if the price have moved favourably of "startBreakeven" points already
IF LONGONMARKET AND close-tradeprice(1)>=startBreakeven THEN
//calculate the breakevenLevel
breakevenLevel = tradeprice(1)+PointsToKeep
ENDIF
//place the new stop orders on market at breakevenLevel
IF breakevenLevel>0 THEN
SELL AT breakevenLevel STOP
ENDIF
// --- end of BUY SIDE ---
IF SHORTONMARKET AND tradeprice(1)-close>startBreakeven THEN
//calculate the breakevenLevel
breakevenLevel = tradeprice(1)-PointsToKeep
ENDIF
//place the new stop orders on market at breakevenLevel
IF breakevenLevel>0 THEN
EXITSHORT AT breakevenLevel STOP
ENDIF
endif
if time = 220000 and dayofweek=5 and (PositionPerf * PositionPrice / PipSize) >= 5 then //
EXITSHORT AT Market
endif
.
