For weeks i am trying to define the last thing in my automated trading system.
I use sierra chart and my trading system is based on excel.
my strategy is based on market tensity and is trying to predict market corrections.
there is a rule that if the price came 0.25 - 0.5 points from a pivot point, didnt touched the pivot and a market correction at the size of 2 points or more occured i will not go into position using this specific pivot point. but if after the correction - the price got 5 points away from the pivot and 15 minutes have passed since the correction took place i can use the pivot again.
how can i define something like this? :\
can macro help me? how?
thank you very much in advance
I use sierra chart and my trading system is based on excel.
my strategy is based on market tensity and is trying to predict market corrections.
there is a rule that if the price came 0.25 - 0.5 points from a pivot point, didnt touched the pivot and a market correction at the size of 2 points or more occured i will not go into position using this specific pivot point. but if after the correction - the price got 5 points away from the pivot and 15 minutes have passed since the correction took place i can use the pivot again.
how can i define something like this? :\
can macro help me? how?
thank you very much in advance
