Comment on Code your Technical Analysis strategy

Dinesh commented on 19 Dec 2013, 07:51 PM

I don’t have the Logic for the previous question but here is another strategy.. Could you please let me know if this can be coded.

Step 1:
Buy 1 share at current market price (ex: buy 1 at 100.00)
If 4 points gain then close position if not go to step 2
Step 2:
if 2 points loss then buy 2 more shares at 98.00, this step continues whenever there is a 2 points loss and the order quantity doubles for every level it goes down (ex: buy 2 at 98, buy 4 at 96, buy 8 at 94..)

Close all the positions whenever the point goes up 4 points from the last bought level (let’s say the current price is 96 then it has to close all positions if the point reaches 100), and continue to step 1.


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