LONG only with green daily cande

• 04/12/2023 at 9:48 AM #213164
  Aragorna

  Hi there,

  I have a question that could be very easy to answer for who is better than me starting code. How can I say Buy long only when daily candle crosses zero line from red to green and viceversa? except for the exact moment it forms for the first time, that should be early in the morning. thank’s in advance

  Alessio

  

  Aragorna

  Participant

  Topics: 37

  Replies: 130

  Been thanked: 12 times
  04/12/2023 at 11:03 AM #213173
  ZeroCafeine

  I want to help but don’t understand exactly what do you want to do, buy when DayClose > DayOpen ?

  TimeFrame(Daily) IF Close > Open Then Buy 1 shares at market ELSIF Close < Open Then SellShort 1 shares at market ENDIF

  1 2 3 4 5 6

  TimeFrame(Daily) IF Close > Open Then Buy 1 shares at market ELSIF Close < Open Then SellShort 1 shares at market ENDIF

  

  ZeroCafeine

  Participant

  Topics: 115

  Replies: 477

  Been thanked: 43 times
  04/12/2023 at 12:46 PM #213181
  JS

  Hi,

  If I understand correctly, you must use a smaller time frame than the daily time frame, for example 5 minutes or 1 hour…

  Your starting point is the daily open and then you check whether the Close crosses over or below the daily open…

  DailyOpen crosses

  DefParam CumulateOrders=False TimeFrame(1 hour) DailyOpen = DOpen(0) If Close crosses over DailyOpen then Buy 1 contract at Market ElsIf Close crosses under DailyOpen then SellShort 1 contract at Market EndIf

  1 2 3 4 5 6 7 8 9

  DefParam CumulateOrders=False   TimeFrame(1 hour) DailyOpen = DOpen(0) If Close crosses over DailyOpen then Buy 1 contract at Market ElsIf Close crosses under DailyOpen then SellShort 1 contract at Market EndIf

  1 user thanked author for this post.

  ZeroCafeine

  

  JS

  Participant

  Topics: 27

  Replies: 1815

  Been thanked: 884 times
  04/12/2023 at 4:43 PM #213202
  Aragorna

  Yes, thank’s, that’ the idea. I’ll test it soon.

  

  Aragorna

  Participant

  Topics: 37

  Replies: 130

  Been thanked: 12 times
• Author
  Posts