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Date/Time: Sun, 19 May 2024 10:20:42 +0000

Post From: Simple automated trading-strategy

[2015-03-15 17:54:43] Link To Thread - Link To Post [Go To First Post]
User81805 - Posts: 9
Hello. I can not quite figure out how to program what should be quite a simple automated trading strategy. My strategy goes as follows: Buy when the CLOSE of a price-bar is higher than the OPEN of a price-bar, 4 bars in a row. Then sell when the CLOSE of a price-bar is lower than the OPEN of a price-bar, 2 bars in a row. The same goes for taking a short-position: Short when the CLOSE of a price-bar is lower than the OPEN of a price-bar, 4 bars in a row. Then close the short-position when the CLOSE of a price-bar is higher than the OPEN of a price-bar, 2 bars in a row. I am quite new to the SierraCharts platform, and a simple instruction to creating such an automated trading-strategy in the Spreadsheet System for Trading would be much appreciated.