Hi.
I am asking for help in translating a this simple Volatility system:
{ Entry Orders }
Buy at Open of next bar + AverageTrueRange (4) * 1.2 ;
Sell at Open of next bar - AverageTrueRange (4) * 1.2 ;
{ Exit at second Profitable Close }
If Market Position is long and second of profitable Close > EntryPrice +
Commission * number of Contracts / PointValue then Exit Long Position at Close;
If Market Position is short and second of profitable Close < EntryPrice -
Commission * number of Contracts / PointValue then Exit Short Position at
Close;
{Stop Long an Short //Allow in entry bar and next bars also//}
If Market Position is long then exit at Entry Price - 500 $ per Contracts stop;
If Market Position is short then exit at Entry Price - 500 $ per Contracts stop;
Could you help me?
