I am new to programimg and I am looking for idea how to make the strategy execute 1 trade only and then close down. for the next trade trader needs to start Strategy again . Later on I woould like to add choice of entry "Number of lots, direction to trade...". This could be more partially-automated Strategy. Hopefully we can change indicators inside and test indicators.
If somebody knows simillar Strategy ,please let me know.
Don't forget to reset it each day, I think you can check Bars.SessionBreak()
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Need help? 1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first. 2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses. 3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make. 4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance. 5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers. 6) Help using the forum? Watch this video to learn general tips on using the site.
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The following user says Thank You to Big Mike for this post:
Thanks Big Mike and sam028. Its very incouraging to see replays. I am learning and studying and once I have basic "General Strategy" running I put it here for further development. I started with idea to create "General Strategy" which can handle 1 to x lots with money management similar to ATM in Ninja.
It needs Sl, TP, TS for every lot independent. I think I start with 1 lot. Doing it myself because I want to understand exactly how it works. Any reasonable indicator should be easilly plug in and this way we can test for good signal indicator or indicators.
For any indicator: First step in testing indexes,oil is to have 1 lot tested with basic TP=4ticks and SL=x. If we cannot reach 50% of trades 4ticks at the beginning I think we dont have good entry signal. I see that udjusting parameters can improve profitability in backtest. But we need to start with good signal in the first place.
I am using Big Mike Strategy which he created in his video.His Excellent video made me started.
If you want to create a generic strategy, take @MWinfrey's one, you can find it here.
He has made a very good job with this strategy, you have all you need in it, and it's also a very good way to understand how it works.
Usually in trading, those who know don't talk, and those who talk don't know. (Al Brooks)
success requires no deodorant! (Sun Tzu)
The following 2 users say Thank You to sam028 for this post: