Momentum Pinball trading strategy
by
, 01-11-2018 at 01:38 PM (781 Views)
In this article, we continue programming of trading strategies described in a section of the book by L. Raschke and L. Connors Street Smarts: High Probability Short-Term Trading Strategies, devoted to testing of range limits by price. The last of full-fledged TS in the section is Momentum Pinball, which operates the pattern consisting of two daily bars. By the first bar, trade direction on the second day is defined, and price movement in the beginning of the second bar should specify certain trade levels for entries and exits from the market.
The purpose of this article is to demonstrate to the programmers who have already mastered MQL5, one of the variants for realizing Momentum Pinball TS, in which simplified methods of object-oriented programming will be applied. From the full-fledged OOP, the code will differ by the absence of classes - they will be replaced by structures. As opposed to classes, design in the code and application of objects of this type differs minimally from the procedural programming familiar to most starting coders. On the other hand, features being provided by structures are more than enough to resolve such tasks.
more...