Hi,
I'm just trying to create a simple Buy request at -80 Williams R and sell at -20. The code i have below basically just buys at every candle and closes at every candle for some reason. input overSold = -80 and the buy to open references overSold so i would think it should only buy to open when it's at -80 but it's doing it every candle bar. Code below, thanks for the help!
screenshot of image here, wouldn't let me link image for some reason in post
https://ibb.co/DwpRcVw
I think i need a condition where the williams R crosses up through the -80 to Buy and a condition where it goes down below the -20 to sell.
I'm just trying to create a simple Buy request at -80 Williams R and sell at -20. The code i have below basically just buys at every candle and closes at every candle for some reason. input overSold = -80 and the buy to open references overSold so i would think it should only buy to open when it's at -80 but it's doing it every candle bar. Code below, thanks for the help!
screenshot of image here, wouldn't let me link image for some reason in post
https://ibb.co/DwpRcVw
I think i need a condition where the williams R crosses up through the -80 to Buy and a condition where it goes down below the -20 to sell.
Ruby:
#***StopLossPercent***
input percentGainGoal = 5;
input percentLossGoal = -2;
def percentChange = 100 * (close - EntryPrice()) / EntryPrice();
#***sets the trade amount to $1,000***
input tradeDollars = 1000;
def tradesize = Round (tradeDollars / close);
#*** Williams R %***
input length = 10;
input overBought = -20;
input overSold = -80;
def hh = Highest(high, length);
def ll = Lowest(low, length);
def result = if hh == ll then -100 else (hh - close) / (hh - ll) * (-100);
plot WR = if result > 0 then 0 else result;
WR.SetDefaultColor(GetColor(1));
plot Over_Sold = overSold;
Over_Sold.SetDefaultColor(GetColor(8));
plot Over_Bought = overBought;
Over_Bought.SetDefaultColor(GetColor(8));
#***StopLoss exit***
def exitBad = percentChange < percentLossGoal;
#****Sales******
AddOrder(OrderType.BUY_TO_OPEN, overSold, open[1], tradeSize, Color.CYAN, Color.CYAN);
AddOrder(OrderType.SELL_TO_CLOSE, overBought, open[1], tradeSize, Color.GREEN, Color.GREEN);
AddOrder(OrderType.SELL_TO_CLOSE, exitBad, open[1], tradeSize, Color.RED, Color.RED);
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