Line triggered multiple entry strategy - coder needed

March 21st, 2017, 04:05 PM

Hi,

I'm looking for a coder that can help code a strategy.

Here are the details of what I need coded:
I will draw a series of red and blue lines on the chart. Blue lines for buys and buy targets. Red lines for sell and sell targets.

Lets just explore buys here:

Entries:
If no trade ongoing, when price crosses first blue line, enter buy with S stop loss. If stopped out, then it should try to re-enter N times.

Management:
Strategy should look to check if a trade is underway.

If trade is underway (manually triggered) and touches first blue line, it should not trigger a new trade.

If trade underway, and continues to move up, then wait until second blue line is touched. When second blue line is touched, tighten stop loss by X% When price breaks through second blue line, add new position and setup new stop loss and old stop loss to new entry point -Y%. X and Y will remain percentages for all consequent lines (up to 5 lines)

If price is stopped out after the stop loss is moved from original, wait for first blue line to be touched to trigger trade.

Same set should also apply for sell trades.

Thanks.

Best,
cora

Line triggered multiple entry strategy - coder needed

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Line triggered multiple entry strategy - coder needed