Coding open on Tick

• 01/20/2025 at 3:48 PM #242864
  JS

  When you are stopped out you can also use these:

  Once BarsToWait=3

  If StrategyProfit<>StrategyProfit[1] then

  StartBar=BarIndex

  EndIf

  If NOT LongOnMarket and OpenTime=>085500 and (BarIndex-StartBar)>BarsToWait then

  Buy….

  

  JS

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  01/20/2025 at 6:31 PM #242884
  Trader Sab

  This is my current code and in order to optimize it, I need to eliminate the amount of orders the system opens during chop times. However I seem unable to code this. This means that from the time we are stopped out until the next order is placed in the system. Thank you for your help!

   

  I can’t get it to work with the suggested code.

  BarIndex-TradeIndex>1

  If LongOnMarket and (BarIndex-TradeIndex)>1 and Close > TradePrice then

   

  This is my current code!

  //Conditions to enter long or short at Europe Open
  DefParam CumulateOrders=False
  DEFPARAM FLATBEFORE = 090000
  DEFPARAM FLATAFTER = 110000

  If OpenTime=085000 then
  RangeHigh=High
  RangeLow=Low
  EndIf

  If OpenTime=>085000 and OpenTime<090000 then
  RangeHigh=max(RangeHigh,High)//Highest of Range
  RangeLow=min(RangeLow,Low)//Lowest of Range
  EndIf

  If OpenTime=>085500 then
  Buy 1 contract at RangeHigh+3*pipsize Stop
  SellShort 1 contract at RangeLow-3*pipsize Stop
  EndIf

  //Set Stop Loss
  IF LongOnMarket THEN
  SET STOP LOSS RangeLow

  ENDIF

  IF ShortOnMarket THEN
  SET STOP LOSS RangeHigh

  ENDIF

   

  GraphOnPrice RangeHigh as “RangeHigh”
  GraphOnPrice RangeLow as “RangeLow”

  

  Trader Sab

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  01/20/2025 at 7:10 PM #242887
  JS

  You can use the “BarsToWait” parameter to set how many “Bars” should be between two “Trades”…

  I have adjusted the “Stop Loss” to the use of the “RangeLow” and “RangeHigh” price levels…

  Trader Sab

  //Conditions to enter long or short at Europe Open DefParam CumulateOrders=False DEFPARAM FLATBEFORE = 090000 DEFPARAM FLATAFTER = 110000 If OpenTime=085000 then RangeHigh=High RangeLow=Low EndIf If OpenTime=>085000 and OpenTime<090000 then RangeHigh=max(RangeHigh,High)//Highest of Range RangeLow=min(RangeLow,Low)//Lowest of Range EndIf Once BarsToWait=13 If OpenTime=>085500 and (BarIndex-TradeIndex)>BarsToWait then Buy 1 contract at RangeHigh+3*pipsize Stop SellShort 1 contract at RangeLow-3*pipsize Stop EndIf //Set Stop Loss IF LongOnMarket THEN Set STOP Price RangeLow ElsIf ShortOnMarket THEN Set STOP Price RangeHigh ENDIF GraphOnPrice RangeHigh as "RangeHigh" GraphOnPrice RangeLow as "RangeLow"

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  //Conditions to enter long or short at Europe Open DefParam CumulateOrders=False DEFPARAM FLATBEFORE = 090000 DEFPARAM FLATAFTER = 110000   If OpenTime=085000 then RangeHigh=High RangeLow=Low EndIf   If OpenTime=>085000 and OpenTime<090000 then RangeHigh=max(RangeHigh,High)//Highest of Range RangeLow=min(RangeLow,Low)//Lowest of Range EndIf   Once BarsToWait=13 If OpenTime=>085500 and (BarIndex-TradeIndex)>BarsToWait then Buy 1 contract at RangeHigh+3*pipsize Stop SellShort 1 contract at RangeLow-3*pipsize Stop EndIf   //Set Stop Loss IF LongOnMarket THEN Set STOP Price RangeLow ElsIf ShortOnMarket THEN Set STOP Price RangeHigh ENDIF   GraphOnPrice RangeHigh as "RangeHigh" GraphOnPrice RangeLow as "RangeLow"

  

  JS

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