Coding open on Tick
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Change to below and you should get some trades?
123IF LongCondition THENBUY 1 CONTRACT AT MARKETENDIF1 user thanked author for this post.
12345678910111213141516171819202122232425// Definition of code parametersDEFPARAM FLATBEFORE = 090000DEFPARAM FLATAFTER = 120000DEFPARAM CumulateOrders = False // Cumulating positions deactivated//Long ConditionsIF Time = 085500 THENSignalHigh = HighSignalLow = LowENDIF//Define the breatout ConditionsLongCondition = (Close > SignalHigh+3*pipsize and time >= 090000)ShortCondition = (Close < SignalLow-3*pipsize and time >= 090000)IF LongCondition THENBUY 1 CONTRACT AT MARKETSET STOP pTRAILING 80*pipsize //20*pipsizeENDIFIf ShortCondition THENSellShort 1 Contract at MarketSET STOP pTRAILING 90*pipsize //20*pipsizeENDIFI think what is meant here is to first determine the range and then open the position exactly (title:Open on Tick) on the “RangeMax” and “RangeLow”…
When the range should consist of the first two five-minute bars (08:50-08:55 and 08:55-09:00)…
123456789101112131415161718192021DefParam CumulateOrders=FalseDEFPARAM FLATBEFORE = 090000DEFPARAM FLATAFTER = 120000If OpenTime=085000 thenRangeHigh=HighRangeLow=LowEndIfIf OpenTime=>085000 and OpenTime<090000 thenRangeHigh=max(RangeHigh,High)//Highest of RangeRangeLow=min(RangeLow,Low)//Lowest of RangeEndIfIf OpenTime=>085500 thenBuy 1 contract at RangeHigh+3*pipsize StopSellShort 1 contract at RangeLow-3*pipsize StopEndIfGraphOnPrice RangeHigh as "RangeHigh"GraphOnPrice RangeLow as "RangeLow"3 users thanked author for this post.
Jan 15th it opens a long trade below the range high and it opened the trade right on 090000.
Line 9 in your screenshot above show Time = 085580 (typo?) did you want 085500?
can not open a position on a 5 min candle at the beginning of the candle, right after the signal candle has completed?
No technical reason why not, but Close (on signal candle) needs to be > High (of signal candle) +3 points (Line 15).
If your code was Close = High then maybe, occasionally, a position would be opened at the beginning of the candle, right after the signal candle has completed?1 user thanked author for this post.
085580 (typo?) did you want 085500?
Time format is HHMMSS so there is no 085580 … 085559 then at the Close of the 59th second, time becomes 085600.
Correct your Time, then check your results for any changes.
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Lets take a 5 min chart, Range H from 085000 to 090000 is 21130 and the L 21119. I would like the code to open a long position at 21133 and a short position at 21116 and not just somewhere random.
So if Price goes past 21133 before a trade can be opened, then you don’t want to open a trade.
If you are using a 5 min chart then, by the close of the 090500 candle, price may be 21140.
To get what you want, you need to use the code provided by JS using Stop Orders.
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It is correct that the code is executed at the close of the candlestick (Close). Therefore, when a certain condition is triggered during the execution and this condition initiates a position (at market), the position will be opened at the “Open” of the next bar.
This is one way to wait for a period after a position is opened…
Once BarsToWait = 3
If BarIndex – TradeIndex(1) > BarsToWait then
If you want to use a “Trailing Stop Loss,” this is, in my opinion, the most used code https://www.prorealcode.com/blog/trading/complete-trailing-stop-code-function/
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