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

Help on one day reversal strategy coding.
Updated: Views / Replies:279 / 1
Created: by Dallasboy Attachments:0

Welcome to futures io.

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • 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, and we will never resell your private information.

-- Big Mike

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: 12 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)
Market Wizard
Hamburg Germany
Futures Experience: Advanced
Platform: Multicharts, Tradestation, Multicharts.NET, NinjaTrader, MetaTrader
Broker/Data: DTN IQ
Favorite Futures: ES
Posts: 1,320 since Apr 2013
Thanks: 208 given, 745 received

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)

FIO Journal Challenge featuring NinjaTrader ($2,000+ of prizes)


EasyLanguage ABC's: Mastering TradeStation Programming w/Chris Kaiser

Elite only

Prototyping Python Strategies (part 2: Backtesting) w/Ran Aroussi [special time: 1PM ET]

Elite only

Portfolio Diversification w/Brendon Delate @ Diversify Portfolio

Elite only

An Afternoon with FIO member Softsoap (being rescheduled)

Elite only

Similar Threads
Thread Thread Starter Forum Replies Last Post
Reversal Day steve2222 Terms (Glossary) 0 April 10th, 2016 09:10 AM
New Strategy Coding Help FatDemon NinjaTrader Programming 49 January 4th, 2013 12:34 AM
ninjatrader reversal break even strategy drunkcolonel NinjaTrader 1 August 2nd, 2012 07:07 PM
Strategy Coding Challenge MWinfrey NinjaTrader Programming 4 January 25th, 2011 05:12 PM
Strategy coding - Would Anyone please take a quick look at........ mdsvtr NinjaTrader Programming 4 November 5th, 2010 05:54 AM

All times are GMT -4. The time now is 11:34 PM.

Copyright © 2017 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 2017-05-22 in 0.07 seconds with 19 queries on phoenix via your IP