Create strategy using one instrument's price action - Wealth Lab Forum

Create strategy using one instrument's price action

Author: rp08

Creation Date: 2/10/2009 4:45 AM

Wealth Lab » Trading Strategies » Create strategy using one instrument's price action

rp08

#1

2/10/2009 4:45 AM

Hi,
I want create a strategy like this:
If ES price reach a new high, YM has increasing volume,then I want to buy NQ at limit.
This is just a simple example to describe my question.
Could anyone tell me if it's possible and how? Thank you.

Eugene

#2

2/10/2009 5:03 AM

Compile and execute the strategy on a chart of NQ:

CODE:
Please log in to see this code.

sgubba

#3

2/10/2009 5:27 AM

Hi Eugene,
Is it possible to replace SPY, DIA and QQQQ in the above?

rp08

#4

2/10/2009 5:36 AM

Hi Eugene,

Thanks a lot for your help.

Eugene

#5

2/10/2009 5:43 AM

QUOTE:
Is it possible to replace SPY, DIA and QQQQ in the above?

Assuming that you would execute it on a chart of QQQQ, just replace "ES" and "YM" in the GetExternalSymbol calls above to "SPY" and "DIA" (or vice versa, depending on your preference.)

sgubba

#6

2/10/2009 5:49 AM

Thank you very much.

Wealth Lab » Trading Strategies » Create strategy using one instrument's price action

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