short positions

October 16th, 2021, 10:48 AM

Why does this not open shortpositions at lowest(low,10)[1]?

Thank you!

If close > Highest(High, 10)[1] Then
Buy ("Go Long") next bar at open;

If close < Lowest(Low, 10)[1] then;
Sell Short ("Go Short") next bar at open;

If MarketPosition = 1 Then Begin
If BarsSinceEntry >= 10 Then
Sell this bar at Close;
END;

If MarketPosition = - 1 Then Begin
If BarsSinceEntry >= 10 Then
Sell this bar at Close;
end;

October 17th, 2021, 07:46 PM

hi

Code

Inputs: 
Periodlookback( 10, 1 ),
Periodtrade( 10, 1 );

If close > Highest(High, Periodlookback)[1] Then
Buy ("Go Long") next bar at open;
If close < Lowest(Low, Periodlookback)[1] then
Sell Short ("Go Short") next bar at open;
If MarketPosition = 1 Then Begin
If BarsSinceEntry >= Periodtrade Then
Sell this bar at Close;
END;
If MarketPosition = - 1 Then Begin
If BarsSinceEntry >= Periodtrade Then
Cover this bar at Close;
end;

the error was near the end ; 'sell' instead of 'cover'...

short positions

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short positions