Dear All,
Still having problem with my script, unable to open trades ;
//**** ConnorsRSI Short Term Trading Strategy ** //
function run()
{
BarPeriod = 60; // 1 hour bars
LookBack = 500;
StartDate = 2012;
EndDate = 2013;
vars Price = series(priceClose());
vars Close = series(priceClose());
vars SMAFast = series(SMA(Close,5)); // Fast SMA for Position trigger
vars TrendSMA = series(SMA(Close,200)); // Slow SMA for Trend Direction
vars cRSI = series(ConnorsRSI(Close,2,3,100)); // ConnorsRSI
int Threshold1=90;
int Threshold2= 10;
Capital= 5000;
// ** set up max trades ** //
MaxLong = MaxShort = 1;
// ** Type ** //
//while(asset(loop("EUR/USD","USD/JPY")))
while(asset(loop("EUR/USD")))
Margin = 0.5 * OptimalF * Capital;
// *** Condition for Buy *** //
if(Price > TrendSMA && Price < SMAFast && crossUnder(cRSI,Threshold2))
//
enterLong();
// ** Exit Long Position ** //
if( NumOpenLong >0 && Price > SMAFast)
exitLong();
// *** Condition for Sell *** //
if(Price < TrendSMA && Price > SMAFast && crossOver(cRSI,Threshold1))
enterShort();
// ** Exit Short Position ** //
if(NumOpenShort >0 && Price < SMAFast)
exitShort();
}
