Price action Strategy

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Price action Strategy

Postby conjure » Sat May 04, 2019 7:53 am

I have an idea for a strategy and i tried but i could not write it by myself,so i need someone to write it

1st position
Code: Select all
DistanceB=(source.close[ period]-source.open[ period])/source:pipSize();
If DistanceB > 50 pips then
open LONG with
STOP and LIMIT 300 pips.
Position1=source.close[ period]


2nd position
Code: Select all
While there is open a LONG position,
 do not allow to open any SHORT positions,
but allow to open LONG,
ONLY IF
source.close[ period] > Position1
and DistanceB > 50 pips
Position2=source.close[ period]
STOP AND LIMIT should be at the same price as the 1st position



3d position
Code: Select all
should open another LONG when parameters meet.
If source.close[ period] >Position2
and DistanceB > 50 pips
STOP AND LIMIT should be at the same price as the 1st position



And it continues to open LONG positions until limit reached and all opened LONG positions close.

The same apply for Short positions
conjure
FXCodeBase: Initiate
 
Posts: 121
Joined: Sat Jul 22, 2017 7:27 am

Re: Price action Strategy

Postby Apprentice » Mon May 06, 2019 5:08 am

Your request is added to the development list under Id Number 4641
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Apprentice
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Location: Zagreb, Croatia


Re: Price action Strategy

Postby conjure » Tue May 07, 2019 12:22 pm

Thank you very much !!!
conjure
FXCodeBase: Initiate
 
Posts: 121
Joined: Sat Jul 22, 2017 7:27 am


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