Easylanguage and Script Help

[darknite999]

oki doki

Cheers,

i'll send it to you in about 15 mins... just need to type it alllllllllll out

ignore the last message I forgot to refresh (F5) :P

Thanks,
Darknite.

[Blu-Ray]

No Probs, leave it with me as I'm on with it now, but just trying to iron out an error.

Cheers

Blu-Ray

[darknite999]

cheers,

keep me posted please

Thanks a lot,
Darknite.

[Blu-Ray]

Darknite

Here's the code you require but it has an error in it that I can seem to get rid of at the moment. As you'll see in the charts below, first one is great with entry and exits perfect, but then on the second chart, it seems to fire off an order on a second bar if the first bar had entry & profit target all within the same bar.

All I can say is try it out and let me know how you get on.

Inputs:
ProfTarget(30),StopLoss(2 ),endtime(2000);

Vars:
ShortEntry(0), Permission(0), Mintick(0), mystop(0), MP(0);

MP = marketposition;
Mintick = minmove/pricescale;

Condition1 = C[1] data3 >C[2] data3 and H data3 > H [1]data3 and H data3 > H[2] data3 and C data3 < O data3;

if condition1 and MP = 0 and time < endtime then begin
ShortEntry = Low of data2 - (1*mintick);
mystop = High of data2 + (Stoploss*mintick);
permission = 1;
end;

if permission = 1 and mro(mp=-1,7,1) = -1 then begin
SellShort next bar at ShortEntry Stop;
Permission = 0;
end;

if permission[2] = 1 then permission = 0;

if mp = -1 then begin
buytocover ("StoppedOut") next bar at mystop stop;
end;

if mp = -1 and time > endtime then setexitonclose;

setprofittarget( ProfTarget );







( Note: Set up your chart like in the pics above, 5 min of stock on data1, 30 min of stock on data2 and $INDU on data3 )

Cheers

Blu-Ray

[darknite999]

Cheers,

I appreciated you hard work

I'll test it a little later today and preply back as soon as I've done it.

Thanks ever so much,
Darknite.

[darknite999]

ok I think i've nearly sorted this out now (finally)
I think I only need to add one last bit of code in.
That would be only 1 trade maximum between every natural hour is allowed.

So for more depth:

If there is a setup and it sells short once it has made it's profittarget of 30 ticks it buys to cover. A new trade can not be initiated until the natural hour is up.

For example if it sells short at the time of 13:08 and buys to cover at:
13:59 - it can make a new trade at 14:00
or
14:01 - it can only make a new trade ar 15:00

Thanks,
Darknite.

[Blu-Ray]

Darknite

Yes it's do-able, but I'm away now for a week, so I'll look into it when I get back, unless someone else sorts it out in the meantime.

Cheers

Blu-Ray

[darknite999]

Ok have a good time talk soon,

Darknite.

[darknite999]

Hey blu-ray,

How are you?

No one decided to help

Any luck with what we'd been talkin about?

Much thanks,
Darknite

[Blu-Ray]

Darknite

Give this a try:

Inputs:
ProfTarget(30),StopLoss(2 ),endtime(2000);

Vars:
ShortEntry(0), Permission(0), Mintick(0), mystop(0), MP(0);

MP = marketposition;
Mintick = minmove/pricescale;

Condition1 = C[1] data3 >C[2] data3 and H data3 > H [1]data3 and H data3 > H[2] data3 and C data3 < O data3;

if condition1 and MP = 0 and time < endtime and permission = 0 then begin
ShortEntry = Low of data2 - (1*mintick);
mystop = High of data2 + (Stoploss*mintick);
permission = 1;
end;

if permission = 1 and mro(mp=-1,7,1) = -1 then begin
SellShort next bar at ShortEntry Stop;
Permission = 2;
end;

if permission = 2 and mod(t,100)=0 and mp <> 0 then permission = 2;
if permission = 2 and mod(t,100)=0 and mp = 0 then permission = 0;

if mp = -1 then begin
buytocover ("StoppedOut") next bar at mystop stop;
end;

if mp = -1 and time > endtime then setexitonclose;

setprofittarget( ProfTarget );

Cheers

Blu-Ray