Topic: Highest High and Lowest Low of a range of few hours

Hi,

I am new in the forum and in using the strategy builder software. I liked the software very much and I need assistance please in backtesting my strategy which is showed below;

Mark the highest price of the time between 2:00am U.S. Eastern Time till 8:00am U.S. Eastern time.

Mark the lowest price of the time between 2:00am U.S. Eastern Time till 8:00am U.S. Eastern time.

I buy at the highest price at 9:00am U.S. Eastern time with a limit of 50 pips and stop loss at 30 pips and trailing stop 20 pips.

I sell at the lowest price at 9:00am U.S. Eastern time with a limit of 50 pips and stop loss at 30 pips and trailing stop 20 pips.


Thank you very much for creating this software and for your assistance,
Al2003

Re: Highest High and Lowest Low of a range of few hours

The software is very helpful for traders, it allows us to maximize profit by trading at the highest high & lowest low.

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Re: Highest High and Lowest Low of a range of few hours

You cannot set the highest / lowest price in a time interval.
You can set entry in a time interval. The High/Low can be from the previous Bar, Day, Week, Month.

1 Hour Time Frame



[Opening Point of the Position]
Top Bottom Price
     Enter long at the top price
     Base price  -  High & Low
     Base period  -  Previous bar
     Price shift  -  0

[Opening Logic Condition]
Entry Time
     Enter the market between the specified hours
     From hour (incl.)  -  9
     From min (incl.)  -  0
     Until hour (excl.)  -  10
     Until min( excl.)  -  0

[Closing Point of the Position]
Stop Limit
     Exit at the Stop Loss or the Take Profit level
     Stop Loss  -  -20
     Take Profit  -  50