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Radek

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    TradersLaboratory.com
  • Last Name
    User
  • City
    Paris
  • Country
    France
  • Gender
    Male

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  1. Problem with this is that orders stay open only one bar, in my case 1min. There is also commented part which I wanted to use to move stop loss, but I didn't get there yet. Radek Variable: OpenTime(1000), //Time when Orders are made DayATR (0), MP( 0 ), TT( 0 ), TodayOpen(0),PreviousDayOpen(0),//Opens at OpenTime OrderRange(0), SLRange(0), DayRange(0) ; //data1 = 1 minute //data2 = 1 hour //data3 = 1 day if (Time = OpenTime) then begin //calculate data DayATR = AvgTrueRange(10) of data3; MP = MarketPosition ; TT = TotalTrades ; TodayOpen = Open of data2; PreviousDayOpen = Open[23] of data2; DayRange = DayATR * PriceScale; OrderRange = DayRange * .8; SLRange = DayRange * .3; { //if I have long position - move SL if MP = 1 then sell on next bar at TodayOpen + (SLRange * 1/PriceScale) stop ; //if I have short position - move SL if MP = -1 then buytocover on next bar at TodayOpen - (SLRange * 1/PriceScale) stop ; } //open new order if TodayOpen < PreviousDayOpen then begin //long order + SL buy on next bar at TodayOpen + (OrderRange * 1/PriceScale) stop; sell on next bar at TodayOpen + (SLRange * 1/PriceScale) stop ; end else begin //short order + SL sellshort on next bar at TodayOpen - (OrderRange * 1/PriceScale) stop; buytocover on next bar at TodayOpen - (SLRange * 1/PriceScale) stop ; end; end;
  2. Hi, I would like to place order on 1-min timeframe, but I need it to last for 24 hours or less if it gets executed. Entry will be at 10:00AM with stop loss 100 pips. If order don't get executed, I will cancel old one and place new one next day. If stop loss gets hit, I don't want to place it again and I will wait for next 10:00AM to place new order. If order get executed, I will just move Stop loss at next 10:00AM and place new order. I started to program this strategy, but then I hit problem that easy language does not work as I would when placing order manually (place one order and then wait what happen). In my case easy language place and cancel orders every minute and I can't figure it out how to code this strategy. Can somebody help me? Radek
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