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Breakout strategy on tick chart
Misani
 Post subject: Breakout strategy on tick chart Post rating: 0   New post Posted: Sun 22 Jan, 2017, 15:33 
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Location: Georgia, Rustavi
I wanted to create a simple strategy with tick settings but got many problems. As a beginner, I could not understand why this problem comes.
Maybe someone can show me the right way, plz.

It just does BUYs, opens several BUY orders, stoploss does not work and 300 tick bars do not apply with 5 min candle bar.
Image


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TICKbreakoutSTRAT.vfs [58.86 KiB]
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TICKbreakoutSTRAT.vfs [55.91 KiB]
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amine_chourou
The Best Answer  Post subject: Re: Breakout strategy on tick chart Post rating: 1   New post Posted: Mon 23 Jan, 2017, 16:35 
Visual JForex expert at Dukascopy
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Hi,

Please read the example of the tick bars in the user guide carefully.
- There is many mistakes in your example :
- Variables doesn't have a start values.
- High / Low variables should have specific start value due to the logic applied later (more explanation in the user guide)

Moreover:

When you say "Determining 5mn candles in ticks" this is doesn't make sense: Tick bars are bars formed by a certain number of ticks regardless of the time. If you wish to follow the testing of your strategy you have to open a tick chart (300ticksEURUSD) in Jforex.

Attached is second version

Thanks


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TICKbreakoutSTRAT_V2.vfs [54.56 KiB]
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DISCLAIMER: Dukascopy Bank SA's waiver of responsability - Documents, data or information available on this webpage may be posted by third parties without Dukascopy Bank SA being obliged to make any control on their content. Anyone accessing this webpage and downloading or otherwise making use of any document, data or information found on this webpage shall do it on his/her own risks without any recourse against Dukascopy Bank SA in relation thereto or for any consequences arising to him/her or any third party from the use and/or reliance on any document, data or information found on this webpage.
 
Misani
 Post subject: Re: Breakout strategy on tick chart Post rating: 0   New post Posted: Mon 23 Jan, 2017, 19:25 
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Joined: Tue 16 Aug, 2016, 15:37
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Location: Georgia, Rustavi
Thank you again anime :)
 
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