Highest price

• 04/11/2017 at 8:19 AM #31692
  Mikael Sjöblom

  DEFPARAM PreLoadBars = 0 DEFPARAM FlatAfter = 215500 If (currenttime=160000) then entry=1 else entry=0 endif // Conditions to enter long positions IF NOT LongOnMarket AND entry=1 THEN BUY 1 CONTRACTS AT MARKET ENDIF

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  DEFPARAM PreLoadBars = 0 DEFPARAM FlatAfter = 215500 If (currenttime=160000) then entry=1 else entry=0 endif   // Conditions to enter long positions IF NOT LongOnMarket AND entry=1 THEN BUY 1 CONTRACTS AT MARKET ENDIF

  I wanna backtest a open drive failure strategy. I have managed to get the time entry condition to work but can’t seem to find a way to entry only if the opening price at 15:30 is

  the highest at 16:00 since 15:30. I also wanna know if it is possible to set my target to the opening price of the 15:30 bar.

  To clarify:

  1: Is there a code to only entry the trade if 15:30 open is still the highest point in the last half hour?

  2: Is it possible to set my target to the opening price of the 15:30 bar?

  

  Mikael Sjöblom

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  04/11/2017 at 10:14 AM #31695
  Elsborgtrading

  Hi Mikael I am not sure I understand you correctly about the opening at 15:30 but for the highest price between 15:30 and 16:00 you would need to run it on a specific timeframe- let say 15 min

  it could be something like this- I didn’t test it though

  cheers Kasper

  if current time >=160000 and current time <=161500 tradetime=1 else tradetime=0 endif myhigh= highest[2]high (close) if tradetime and open>myhigh then buy 1 contract at market endif

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  if current time >=160000 and current time <=161500 tradetime=1 else tradetime=0 endif myhigh= highest[2]high (close)   if tradetime and open>myhigh then buy 1 contract at market endif

   

  

  Elsborgtrading

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  04/11/2017 at 12:06 PM #31708
  Mikael Sjöblom

  Hello! What I mean when I said opening at 15:30 is the opening price of the 15:30 bar. I look to use this strategy at the US opening in Sweden.

  I tried  to use the code you gave me and I think your are onto something but i get an error on 1 and 3. I tried to add “then after 161500 on line 1 but still gets the error.

  I will look at it more this tonight but I appreciate you reply.

  Cheers

  

  Mikael Sjöblom

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  04/12/2017 at 12:54 PM #31858
  Elsborgtrading

  Hi, it was a syntax error. I was not near PRT but wrote it from memory.. (not selling myself very well here- I know :-))

   

  try this

  if currenttime >=160000 and currenttime <=161500 then tradetime=1 else tradetime=0 endif myhigh= highest[2](high)//is the highest"high" from the last two periods- which is 30 min- hence the 15 min timeframe. adjust accordingly if tradetime and open>myhigh then buy 1 contract at market endif

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  if currenttime >=160000 and currenttime <=161500 then tradetime=1 else tradetime=0 endif myhigh= highest[2](high)//is the highest"high" from the last two periods- which is 30 min- hence the 15 min timeframe. adjust accordingly   if tradetime and open>myhigh then buy 1 contract at market endif

   

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  Mikael Sjöblom

  

  Elsborgtrading

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