close position w trendline

amusleh
18 Oct 2021, 09:04

Hi,

You can use ChartTrendLine CalculateY method, this will give you the price of trend line based on x axis of chart (bar index or time).

Here is an example:

using cAlgo.API;
using cAlgo.API.Internals;

namespace cAlgo.Robots
{
    [Robot(TimeZone = TimeZones.UTC, AccessRights = AccessRights.FullAccess)]
    public class NewcBot : Robot
    {
        private ChartTrendLine _trendLine;

        protected override void OnStart()
        {
            _trendLine = Chart.DrawTrendLine("trendline", Chart.FirstVisibleBarIndex, Chart.BottomY, Chart.LastVisibleBarIndex, Chart.TopY, Color.Red);
        }

        protected override void OnTick()
        {
            var trendLinePriceValue = _trendLine.CalculateY(Bars.OpenTimes.LastValue);

            // if price crossd the trend line upward then close the position
            if (Symbol.Bid >= trendLinePriceValue)
            {
                // close position here
            }
        }
    }
}

r.stipriaan
19 Oct 2021, 19:50

thanks a lot Amusleh!