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consolidation strategy
 Post subject: consolidation strategy Post rating: 0   New post Posted: Sat 31 Aug, 2013, 20:51 
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Hi,
I'm trying to make a strategy for consolidation. Unfortunately it is not working as it should. In the picture, I explained what it should do. Maybe someone a hint something?
Thanks
hunter


 
 Post subject: Re: consolidation strategy Post rating: 0   New post Posted: Sun 01 Sep, 2013, 10:56 

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Hi Hunter!!
I think that it's what you need!


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 Post subject: Re: consolidation strategy Post rating: 1   New post Posted: Mon 02 Sep, 2013, 12:10 
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Greetings.

First. Avoid using onTick event if not needed.
Second. You can use pending limit orders instead of checking price every tick.
Here is correct strategy.:
download/file.php?mode=view&id=4438


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 Post subject: Re: consolidation strategy Post rating: 0   New post Posted: Mon 02 Sep, 2013, 14:11 
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Hi guys.
First of all thanks for your work. I see that I did not explain enough about what I mean. I hope that this screen will be more understandable. That what I have presented is only part of the strategy so I do not want to use pending orders.


 
 Post subject: Re: consolidation strategy Post rating: 0   New post Posted: Tue 03 Sep, 2013, 16:10 
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Image


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 Post subject: Re: consolidation strategy Post rating: 0   New post Posted: Wed 04 Sep, 2013, 19:12 
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Hi Vadim,
The idea is:
If the day is hit level open + x pips it means that they are only open sell positions until you reach the level of open-x pips, then you can only open buy positions. If the price gets back to the level of open + x pips can be opened only sell positions, etc.


 
 Post subject: Re: consolidation strategy Post rating: 0   New post Posted: Thu 05 Sep, 2013, 11:17 
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Yes. Level touched serves as filter.
But in what conditions does new position opened?


 
 Post subject: Re: consolidation strategy Post rating: 0   New post Posted: Thu 05 Sep, 2013, 15:22 
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This is the only condition that must be met. If you do not have an open position that opens only that permitted by the last reached level.


 
 Post subject: Re: consolidation strategy Post rating: 0   New post Posted: Tue 10 Sep, 2013, 09:54 
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Please check picture above.
Last three sell trades are opened randomly.
Please specify conditions to open this sell trades.


 
 Post subject: Re: consolidation strategy Post rating: 0   New post Posted: Tue 10 Sep, 2013, 17:42 
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Thanks for your patience Vadim. The only condition is the last hited level. I tried explain this in the picture.


 

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