Exampel 1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

New Trade Page 1: Two charts are used, Chart M and  Chart 1. Criteria from the BAR group SMA1,SMA2 and the first criterion in the POINT group are used to form the algorithm. New Trade Page 1 will trade 2 contracts when all the 4 selected criteria are met.

Cover Page 1: Example uses two Cover Pages to make a partial exit of the trade. Cover Page 1 is only valid when Positions == 2. When Gain is equal to or exceeds 2 pips CoverPage will sell/buy one contract for partial profit.

Cover Page 2: This page is only valid when positions size is 1, and will close the last position if Gain is equal to or above 4 pips. Due to the criterion 3., this Cover Page is used when Cover Page 1 did take a partial profit.

 

 

 

Example 1 is a default algorithm delivered with TickTrader. This algorithm is relatively simple, mend for the user to refine and use for making more complex algorithms. Please note that this algorithm is only for demonstration, and is not profitable.

 

One mirrored New Trade page is used, and two mirrored Cover Pages are used. A mirrored pages is when the page is used for both buy and sell.