Intraday Systems using Rule Wizard
Author: hasenhas
Creation Date: 3/5/2020 11:55 AM
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hasenhas

#1

I would like to test simple intraday systems based on 1 hour data. Which entry and exit types do I have to use for starting and ending a trade?

Of course, buy at market & sell at market won't work. What works?

i.E. I would like to use entry triggers with Indicators RSI or cum up / down value, for example? And exits time based or something other simple thinks like stopps. The problem is the "first command" ...

Important: Rule Wizard - not coding. Thank you!
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Eugene

#2
Hi,

QUOTE:
Of course, buy at market & sell at market won't work. What works?

Of course buy/sell at market will work. Why won't they?

QUOTE:
i.E. I would like to use entry triggers with Indicators RSI or cum up / down value, for example?

OK, what's the problem?

QUOTE:
The problem is the "first command" ...

Could you clarify what is the "first command"?
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hasenhas

#3
OK - Thanks.

"Buy at market" obviously means, buy at NEXT BAR and not at NEXT BAR ON OPEN. Then it will work. I did not know this.

"First command" = buy at market/close etc.

Now I understand. Thank you!

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