<br>// Definition of code parameters
DEFPARAM CumulateOrders = False // Cumulating positions deactivated
DEFPARAM FLATBEFORE = 070000 // Flat before this time
DEFPARAM FLATAFTER = 205000 // Flat after this time
//reset a at start of day
once a = 0
//resetting variables when no trades are on market
if not onmarket then
MAXPRICE = 0
MINPRICE = close
priceexit = 0
endif
//prices to enter trades
BuyPrice = High[0]+2*PointSize
SellPrice = Low[0]-2*PointSize
// Conditions to enter long positions
indicator1 = Stochastic[14,5](close)
c1 = (indicator1 < 25)
indicator2 = Average[20](close)
indicator3 = Average[50](close)
c2 = (indicator2 > indicator3)
c6 = (a<=0)
IF NOT ONMARKET AND c1 AND c2 AND c6 THEN
BUY 1 PERPOINT AT BuyPrice STOP
a=1//trade is a buy order
ENDIF
// Conditions to enter short positions
indicator5 = Stochastic[14,5](close)
c4 = (indicator5 > 75)
indicator6 = Average[50](close)
indicator7 = Average[20](close)
c5 = (indicator6 > indicator7)
c7 = (a>=0)
IF NOT ONMARKET AND c4 AND c5 AND c7 THEN
SELLSHORT 1 PERPOINT AT SellPrice STOP
a=-1//trade is a sell order
ENDIF
trailingstop = 20
//resetting variables when no trades are on market
if not onmarket then
MAXPRICE = 0
MINPRICE = close
priceexit = 0
endif
//case SHORT order
if shortonmarket then
MINPRICE = MIN(MINPRICE,low) //saving the MFE of the current trade
if tradeprice(1)-MINPRICE>=trailingstop*pointsize then //if the MFE is higher than the trailingstop then
priceexit = MINPRICE+trailingstop*pointsize //set the exit price at the MFE + trailing stop price level
endif
endif
//case LONG order
if longonmarket then
MAXPRICE = MAX(MAXPRICE,high) //saving the MFE of the current trade
if MAXPRICE-tradeprice(1)>=trailingstop*pointsize then //if the MFE is higher than the trailingstop then
priceexit = MAXPRICE-trailingstop*pointsize //set the exit price at the MFE - trailing stop price level
endif
endif
//exit on trailing stop price levels
if onmarket and priceexit>0 then
EXITSHORT AT priceexit STOP
SELL AT priceexit STOP
endif
// stop and target
SET STOP PLOSS 25
SET TARGET PPROFIT 80
.
