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Candle Close above Level |
Oli
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Post subject: Candle Close above Level |
Post rating: 0
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Posted: Wed 16 Oct, 2019, 16:20
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User rating: 1
Joined: Sun 27 Apr, 2014, 02:32 Posts: 28 Location: Switzerland, Zürich
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Hi there, I try to create a simple strategy based on a bullish fractal signal. So far the strategy opens a buy position when the price crosses the high of the fractal (shift3). But I need the strategy to open a buy position only when the first of the following candles closes above the shift3 level. I searched the forum and tried many different variations but I can't figure out how to do it. Does anybody know how that works? Cheers Oli
Attachments: |
FractalBUY.vfs [60.13 KiB]
Downloaded 266 times
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vadim_berezhnoj
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Post subject: Re: Candle Close above Level |
Post rating: 0
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Posted: Mon 21 Oct, 2019, 16:53
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Visual JForex expert at Dukascopy | |
User rating: ∞
Joined: Mon 22 Apr, 2013, 11:30 Posts: 604 Location: UkraineUkraine
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Hello.
The logic of the strategy is unclear. Drawing chart pictures might to describe it.
As I guess strategy will need to identify the fractal and save its level to the variable. then check every new candle close to cross it.
Kind regards, Support Team.
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Oli
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Post subject: Re: Candle Close above Level |
Post rating: 0
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Posted: Tue 22 Oct, 2019, 09:33
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User rating: 1
Joined: Sun 27 Apr, 2014, 02:32 Posts: 28 Location: Switzerland, Zürich
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Hello
Yes you guessed it right. That is exactly what I try to do.
Identify the fractal and save its level to the variable. then check every new candle close to cross it.
The first part works fine. I can identify the Fractal Level (in my case shift3 candle high). I could assign it to the variable. But then I don't know what blocks or commands I need to use to trigger a trade on a new candle that closes above the level.
The close above the level would be the entry point.
Cheers.
Oli
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vadim_berezhnoj
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Post subject: Re: Candle Close above Level |
Post rating: 0
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Posted: Tue 22 Oct, 2019, 09:58
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Visual JForex expert at Dukascopy | |
User rating: ∞
Joined: Mon 22 Apr, 2013, 11:30 Posts: 604 Location: UkraineUkraine
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Oli
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Post subject: Re: Candle Close above Level |
Post rating: 0
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Posted: Tue 22 Oct, 2019, 23:39
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User rating: 1
Joined: Sun 27 Apr, 2014, 02:32 Posts: 28 Location: Switzerland, Zürich
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Hello again
And how can I implement next OnCandle?
I have been trough the manual several times and I spent many many hours learning VJF. As you can see in the attached file I am able to create a working strategy. It even perfomes pretty good in the right market conditions.
But I cant solve the problem mentioned above. I need an explanation.
Can anybody please give me support?
Cheers.
Oli
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vadim_berezhnoj
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Post subject: Re: Candle Close above Level |
Post rating: 0
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Posted: Thu 24 Oct, 2019, 10:03
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Visual JForex expert at Dukascopy | |
User rating: ∞
Joined: Mon 22 Apr, 2013, 11:30 Posts: 604 Location: UkraineUkraine
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Hello.
Please try the solution from file attached.
Kind regards, Support Team.
Attachments: |
FractalBUY_v2.vfs [60.62 KiB]
Downloaded 290 times
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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.
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Oli
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Post subject: Re: Candle Close above Level |
Post rating: 0
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Posted: Fri 25 Oct, 2019, 09:17
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User rating: 1
Joined: Sun 27 Apr, 2014, 02:32 Posts: 28 Location: Switzerland, Zürich
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Hello Thank you. Now I understand. But the strategy now always opens a new position right away after a position has been closed. (Only in bullish direction) Please have a look at the screenshot of the backtest. (EURUSD M30) Can you please show me how to fix this. Cheers Have a nice weekend. Oli
Attachments: |
FractalQuestion.png [93.47 KiB]
Downloaded 461 times
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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.
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vadim_berezhnoj
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Post subject: Re: Candle Close above Level |
Post rating: 0
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Posted: Fri 25 Oct, 2019, 11:58
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Visual JForex expert at Dukascopy | |
User rating: ∞
Joined: Mon 22 Apr, 2013, 11:30 Posts: 604 Location: UkraineUkraine
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That happens becouse of SL and TP orders on the opened positions< you can delete that parameters from Market Open block. Further you need to program conditions for position close.
Kind regards, Support Team.
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Oli
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Post subject: Re: Candle Close above Level |
Post rating: 0
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Posted: Sun 27 Oct, 2019, 16:59
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User rating: 1
Joined: Sun 27 Apr, 2014, 02:32 Posts: 28 Location: Switzerland, Zürich
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Hello again I don't understand how to do that. Tried for several hours yesterday and today. I am not a programmer and that is why I like Visual JForex. It gives us the opportunity to set up a strategy without going into coding. There must be a way to do it with the sl an tp in the Open Market block. If you show me how to make this work I will not bother you anymore. Appreciate your support. Cheers Oli
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vadim_berezhnoj
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Post subject: Re: Candle Close above Level |
Post rating: 0
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Posted: Tue 29 Oct, 2019, 16:24
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Visual JForex expert at Dukascopy | |
User rating: ∞
Joined: Mon 22 Apr, 2013, 11:30 Posts: 604 Location: UkraineUkraine
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Hello.
There is no need in programming skills in Visual JF, only trading logic. You have to add conditions for positions closing. By now positions are closed by SL or TP. Try strategy in historical tester and follow strategy logic candle by candle.
Kind regards, Support Team.
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