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    Right way for Candle Break-Out..?

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    • J
      jjot last edited by jjot

      Hello, I want to program a candle break-out. I saw that there are several options. In the back test, however, everyone had different results.

      Condition // Ask Price x> Candle (1) High
      Condition // Candle (0) Close x> Candle (1) High
      Price x> Indicator // Price x> Candle (1) High

      https://fxdreema.com/shared/krE9fqpjd

      Which variant is the right way? Or are they all incorrect?

      It would be nice if someone can help me ...

      S 1 Reply Last reply Reply Quote 0
      • S
        seb 0 @jjot last edited by seb 0

        @jjot
        Case 1 : Adds the spread
        Case 2 : Doesn't add the spread
        Case 3 : Doesn't add the spread, adds a minimum turnover
        None is right or wrong, but if you are looking for long term profitability, you need to go further.

        J 1 Reply Last reply Reply Quote 0
        • J
          jjot @seb 0 last edited by jjot

          @seb-0 Ok, thank you! In the backtest I noticed that this settings do not always give correct results with trying to open a trade when the "Current Price" crosses above/below the previous Candle "High/Low" prices. The buy orders are not always executed at the correct point and Break-Outs are sometimes not executed as an order.

          Have you noticed the same thing?

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          • S
            seb 0 @jjot last edited by seb 0

            @jjot
            Orders are executed at the point the settings are defining. Each case open trades at different point.

            1 Reply Last reply Reply Quote 0
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