1st Hour Breakout: Difference between revisions
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(Created page with "'''Article/Author:''' Omega research Inc., 1997 '''Description:'''<br> This is example of a simple trading system. Entries are based on breakouts, and exits are based on a...") |
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CONDITION1 = C[1] < SESS1FIRSTBARHIGH[0]; | CONDITION1 = C[1] < SESS1FIRSTBARHIGH[0]; | ||
IF CONDITION1 THEN BUY AT SESS1FIRSTBARHIGH[0] + 20 POINTS STOP; | IF CONDITION1 THEN BUY NEXT BAR AT SESS1FIRSTBARHIGH[0] + 20 POINTS STOP; | ||
CONDITION2 = CLOSE[1] > SESS1FIRSTBARLOW[0]; | CONDITION2 = CLOSE[1] > SESS1FIRSTBARLOW[0]; | ||
IF CONDITION2 THEN SELL AT SESS1FIRSTBARLOW - 20 POINTS STOP; | IF CONDITION2 THEN SELL NEXT BAR AT SESS1FIRSTBARLOW - 20 POINTS STOP; | ||
END; | END; | ||
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IF LOW[0] <= VALUE1 THEN | IF LOW[0] <= VALUE1 THEN BUYTOCOVER NEXT BAR AT MARKET; | ||
IF HIGH[0] >= VALUE2 THEN | IF HIGH[0] >= VALUE2 THEN SELL NEXT BAR AT MARKET; | ||
</syntaxhighlight> | </syntaxhighlight> | ||
[[Category:Signals]] | [[Category:Signals]] |