Hedging Strategy

learner · Thu, 10 Nov 2016 14:53:29 +0000

Hi, This is my first post on this forum, in fact I have only registered today on this website. I have been playing around with a strategy manually on Pro Real time so wondering if someone could help code this in Pro Order. It is as below: (1) Runs everyday between midnight and 16:00 hrs (2) At midnight, place one long pending order 1 pip above yesterday’s high and one short pending order 1 pip below yesterday’s low. (3) If long order triggers, cancel the existing pending short order and place a new pending short order twice the size at 40 pips below yesterday’s high. (4) If short order triggers, cancel the existing pending long order and place a new long order twice the size at 40 pips above yesterday’s low. (5) At 16:00 hrs cancel all the pending orders and close all the active positions. Thanks

This topic has 16 replies, 5 voices, and was last updated 7 years ago by Maz.

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05/09/2017 at 12:29 PM #34926

GraHal

Maz thanks.

Is Reset supposed to be commented out?

Under what conditions would Reset be made active in the Code?

Cheers
Graham

// reset
//if time = startTime then
//tradesPlaced   = 0
//sellOrderLevel = undefined
//buyOrderLevel  = undefined
//stopTarget     = undefined
//stopLoss       = 999999999 // off
//endif

// reset

//if time = startTime then

//tradesPlaced = 0

//sellOrderLevel = undefined

//buyOrderLevel = undefined

//stopTarget = undefined

//stopLoss = 999999999 // off

//endif

GraHal

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05/09/2017 at 1:15 PM #34936

Maz

“// reset” is just a code comment meaning “section to reset variables to undefined here below”

Maz

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