Help on one day reversal strategy coding. - MultiCharts | futures io social day trading
futures io futures trading


Help on one day reversal strategy coding.
Updated: Views / Replies:489 / 1
Created: by Dallasboy Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 100,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Thread Tools Search this Thread

Help on one day reversal strategy coding.

  #1 (permalink)
Trading Apprentice
dallas texas
Futures Experience: Advanced
Platform: NinjaTrader, Ensign, MC
Favorite Futures: ES
Posts: 13 since Jan 2016
Thanks: 6 given, 2 received

Help on one day reversal strategy coding.

Hi all,

I am try to code this simple reversal strategy:

If previous day open < close (an up bar), then sellshort the next bar.
Stop is previous bar's high (the up bar) plus say 25% of range.

	StopLoss ((high[1]-low[1])*.25);
if open < close then
	sellshort next bar at open;


SetStopLoss (StopLoss+(high[1]-open));

It tries to use the values from 2 bar back it seems.

Reply With Quote
  #2 (permalink)
Hamburg Germany
Futures Experience: Advanced
Platform: Multicharts, Tradestation
Broker/Data: DTN IQ
Favorite Futures: ES
Posts: 1,831 since Apr 2013
Thanks: 297 given, 1,116 received
Forum Reputation: Legendary

Dallasboy View Post
It tries to use the values from 2 bar back it seems.


for what does it seem to use the values from two bars back?
The entries seem exactly where you'd expect them i.e. the next bar after a bar that had an open lower then the close.

For the stop amount this might be caused by your code not using intrabar order generation, which means values are updated at the end of the bar only.



Reply With Quote


futures io > > > > Help on one day reversal strategy coding.

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Upcoming Webinars and Events (4:30PM ET unless noted)

Journal Challenge w/Earn2Trade and $599 in Prizes


Anthony Drager: TBA

Nov 29

Linda Raschke: TBA

Elite only

Peter Davies: TBA

Dec 6

Brannigan Barrett: TBA

Elite only

Cannon Trading: Ask Me Anything

Dec 13

Similar Threads
Thread Thread Starter Forum Replies Last Post
Reversal Day steve2222 Terms (Glossary) 0 April 10th, 2016 10:10 AM
New Strategy Coding Help FatDemon NinjaTrader Programming 49 January 4th, 2013 01:34 AM
ninjatrader reversal break even strategy drunkcolonel NinjaTrader 1 August 2nd, 2012 08:07 PM
Strategy Coding Challenge MWinfrey NinjaTrader Programming 4 January 25th, 2011 06:12 PM
Strategy coding - Would Anyone please take a quick look at........ mdsvtr NinjaTrader Programming 4 November 5th, 2010 06:54 AM

intrabar, multicharts, strategy, values

All times are GMT -4. The time now is 01:21 AM. (this page content is cached, log in for real-time version)

Copyright © 2018 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432,
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2018-11-16 in 0.09 seconds with 14 queries on phoenix