Tradestation Easylanguage

T

tampatrader82

Does anyone have a basic outlay for the following:

If current bar hits new hi for the last X bars and closes below the close of the last bar, then buy the stock at the close of current bar (or open of next).

I am not a huge programmer and just looking for a basic set up so I can begin to tinker around...looking at a blank easy language screen is pretty overwhelming. Thanks in advanced.

TPA
 
Condition1 = (H = Highest(H, X));
Condition2 = (C < C[1]);

If (Condition1 and Condition2) = True Then
Buy ("Buy Order") This Bar on Close;




Hope this helps.

RT
 
Quote from tampatrader82:
Does anyone have a basic outlay for the following:
If current bar hits new hi for the last X bars and closes below the close of the last bar, then buy the stock at the close of current bar (or open of next).
I am not a huge programmer and just looking for a basic set up so I can begin to tinker around...looking at a blank easy language screen is pretty overwhelming. Thanks in advanced.
TPA
More...

TS comes with 100+ strategies in the program.

Just open one up and start from there.

All the Buy/Sell routines are already written, there is no need to reinvent the wheel.

If you want to try some experiments, I would be happy to chip in.
 
Here, I made this basic strategy for you.

Input : barsback(4);
Input : s (100), p( 100);

setstoploss(s);
setprofittarget (p);

Condition1 = (H = Highest(H, barsback));
Condition2 = (C < C[1]);

If (Condition1 and Condition2) = True Then
Buy ("Buy Order") This Bar on Close;

It's bad but it's what you asked.

Hope it serves you well.

Susana
 
Thank everyone for the input. I gave an example just to get started. I bought the T-station basics to easy language and have been using it.

My strategies are solid and do work (the one i gave you obviously wasn't one, but i needed something to start with. (Im secretive about strategies (kind of dumb I know, but oh well). I have good insight, just bad back testing ability due to lack of comp sci knowledge.



Once I figure out darn easy language I'll be happy. I should have majored in comp sci instead of econ back in the day :).

Thanks again, anyone interested in potentially building a strategy? I figure my input and easy language knowledge from someone else, could end up being a profitable team.

TPA
 
Can anyone clarify? For easylanguage, if I reference Close[0] in a line of code, does this calculate as the bar is forming or only at the close of the bar?

Is close[0] the last closed bar or the current bar that is forming?

thanks
 
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