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Rules
Job finished
Specification
The only part that is a little different is 18.14, as I re read everything and was not clear enough.
18.14) Recording the Entry
Position
Every time
Tatooine gets into a new position, it writes the position to a file
called LogFileTxt.txt in the files folder.
*****EntryPostionName*****
EntryName:Tatooine
EntryTimeFrame:1440
This information should be written to LogFileTxt.txt
"01_Tatooine","GBPUSD",1440,
1.4187,"LONG","STOP","1.4181"
In other words:
"POSITION_ENTRYNAME",
"ASSET",
TIMEFRAME NUMBER,
PRICE,
"DIRECTION",
"STOP", (The Word STOP is the variable Name)
"STOPLOSS" (The actual
stop loss number is the value here)
Thus,
if Tatooine enters long a second time in a row, we should see a
"02_Tatooine" entry.
UPDATE for
Tatooine V 1.0 - Clarification on ONLY NATURAL STOPS for positions
that are not TAKEN.
In other words, Let's say the Tatooine buy
algorythm has started going along untill it gets to position 01 Long
1D GBPUSD. However, let us further suppose that the Position is set
to 2. This means that Tatooine will NOT be investing in position 1.
Another Example: if SELL ONLY is set to true, then Tatooine will NOT
be investing in in any Long positions, OK?
When Tatooine does
not invest in a position, it does not have to set a fixed stop, or
add additional pips to a natural stop, or use a jump stop. Instead,
it only has to record the natural stop to the log.
Remember,
the Natural Stop is written in the SmallBuy.txt and SmallSell.txt
files, like this:
2016.04.18 12:35, 1.41870,
1.41811
DATE TIME, ENTRY PRICE, NATURAL STOP
LOSS PRICE
When a natural stop is taken, Tatooine prints the
following:
01 Long GBPUSD 1D 2016.04.18 12:35, 1.4187 was not
taken, just recorded.
The natural stop was 1.41811. If this
virtual stop is hit, Tatooine will move on to
take postion 02.
So, instead of placing a stop with the broker, Tatooine remembers the virtual stop of
1.41811
If the position is LONG and the
price falls BELOW this number, then the virtual stop has been hit. If
the position is SHORT and the price rises ABOVE this number, then the
virtual stop has been hit.
Tatooine reports like this:
01 Long GBPUSD 1D 2016.04.18 12:35, 1.4187 has hit the virtual stop of 1.41811 and so is now searching for position 02