Here’s the code we created in the video. You can use to to test different bar sizes / markets and even modify for yourself!

Just copy the code and paste it into the Powerlanguage Editor in MultiCharts.

For help with MultiCharts find my free guide HERE

// 3 day trade idea 

Input:	DaysInTrade(0),	// Exit after X amount of bars (days) in trade - Use a value > 0
	BailoutExit(0),	// Exit if in profit - use 1 to switch on
	StopLoss(0);		// Stop loss (in pips)
	
// Long Entry
	
	If close < close[1] and close[1] < close[2] and close[2] < close[3] then Buy this bar on close;

// Short Entry
	
	If close > close[1] and close[1] > close[2] and close[2] > close[3] then sellshort this bar on close;


// Exit after X days in trade

	If DaysInTrade > 0 and barssinceentry >= DaysInTrade then begin

		Sell this bar on close;
	
		buytocover this bar on close;
		
	End;


// Bailout exit

	If BailoutExit = 1 and openpositionprofit > 0 then begin

		Sell this bar on close;
	
		buytocover this bar on close;
	
	End;


// Set a stop loss

setstopcontract;

	If StopLoss > 0 then setstoploss(stoploss);