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Hi everybody,
I have a very simple strategy that is very easy to program with many softwares, but Amibroker. I'm sure it's possible to do it but I can't see how.
Here is my strategy (intraday, 5min):
If I reach a price P1, I go long. If I reach a price P2 (< P1), I reverse the position. If I reach a price P3 (my profit target), I sell/cover. I allow only one reversal during the day, except if the first trade is a winner (no more entry).
Example 1:
P1=2000, P2=1800, P3=+-100
P crosses 2000 -> Long. P reaches 2100 (P3) so I sell my order. End of trades for the day.
Example 2:
P1=2000, P2=1800, P3=+-100
P crosses 2000 -> Long. P doesn't reach 2100 (P3) and falls below 1800 -> Short (reversing order). 1700 (P3) is reached so I cover my order. End of trades for the day.
Thanks for your help.
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