Coding candlestick strategies: How to Buy at the close of the signal candle, and Sell at the close of the next candle (whatever the price movement)?

joetimismith

New member
I made a simple candlestick study, where there are two bullish candles, the only condition being the second candle has a higher close than the first.

def IsUp = close > open;
plot PatternPlot =
IsUp[1] and
IsUp[0] and
close[1] < close[0];

How do I make this into a strategy where it buys at the close of the signal (second) candle and sells at the close of whatever candle comes after it? Thanks!
 
Assuming you want to record the purchase price at the close price of the second candle then:

Ruby:
def IsUp = close > open;
def PatternPlot = IsUp[1] and IsUp[0] and close[1] < close[0];
AddOrder( OrderType.BUY_TO_OPEN, PatternPlot, price =close[1] , name = "BUY_TO_OPEN");
 

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Assuming you want to record the purchase price at the close price of the second candle then:

Ruby:
def IsUp = close > open;
def PatternPlot = IsUp[1] and IsUp[0] and close[1] < close[0];
AddOrder( OrderType.BUY_TO_OPEN, PatternPlot, price =close[1] , name = "BUY_TO_OPEN");
This code helps but doesn't include selling at the close of the next candle (the third candle, immediately after the buy signal). Can you help please? Thanks!
 

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