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View Full Version : Trading FX using Range


Edgar V.
05-12-2008, 09:30 AM
As we all know we can choose to trade using Minutes, Day, Month, Year, Volume or Range. When I place a strategy to trade using a specific Range as for example 100 pip Range, I don't see it working as it does when I use Minutes or Day.

I'm not sure if I'm missing something.

NinjaTrader_Ray
05-12-2008, 09:31 AM
Would need more information. What do you mean "don't see it working" ?

Edgar V.
05-12-2008, 09:46 AM
Let say that the strategy states the following:

-----------------------
if Close [0] > Close[1]

//Do something
-----------------------

This strategy works well when placing it using any Minutes chart or Day chart, but when selecting the Range chart for let say 100 pips, orders don't get placed even though "if Close [0] > Close[1]".

Let me know if more info is required. Thanks.

NinjaTrader_Ray
05-12-2008, 10:23 AM
Do you see any errors in the log tab?
Have you debugged and add Print() statements to see if the "if" branch is really entered?

Edgar V.
05-12-2008, 10:51 AM
No, I don't see any errors in the log tab and I debugged using Print() but nothing is printed in the output window. As I mentioned before, the strategy works well with other charts, but is not working using Ranges.

NinjaTrader_Ray
05-12-2008, 11:20 AM
- Please try our SampleMACrossOver strategy on a 100 pip range chart --> Does this work?

Cyborg
05-12-2008, 12:13 PM
For Fx Range 100 is to way too large amount .Try to use range 5 max 15.Works fine for me in 8-12 range for scalping Fx.

Poocher
05-12-2008, 02:59 PM
For Fx Range 100 is to way too large amount .Try to use range 5 max 15.Works fine for me in 8-12 range for scalping Fx.

...unless your data source has pipettes (sub pip support) and your utilizing them then 100 range is actually just 10 regular sized pips.