1 TRADE PER DAY

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  • 10/18/2021 at 11:16 AM #179862 quote
    coh123
    Participant
    New

    Hi there,

     

    This forum has been incredibly useful so far for a lot of things so thank you.

    I have seen a couple of posts regarding the 1 trade per day coding but non of them seem to work for me so I was wondering if there was just a standard code you can input into the strategy?

    Many thanks

    10/18/2021 at 11:39 AM #179863 quote
    MauroPro
    Participant
    Veteran
    Try to add this to your code: singleDayTrade = (barIndex-tradeIndex(1)>intradayBarIndex)

    10/18/2021 at 2:37 PM #179873 quote
    coh123
    Participant
    New
    Thanks for trying but it doesn’t seem to work.
    10/18/2021 at 3:28 PM #179876 quote
    MauroPro
    Participant
    Veteran
    Very strange, it should work. In any case, try this snippet (Nicolas): if intradaybarindex=0 or day<>day[1] then count=0 endif if ( (not onmarket and onmarket[1] and not onmarket[2]) or (tradeindex(1)=tradeindex(2) and tradeindex(1)=barindex[1] and tradeindex(1)>0) or (not onmarket and onmarket[1])) then count=count+1 endif Then: if “myConditions” and count<1 then …  

    10/18/2021 at 3:52 PM #179879 quote
    coh123
    Participant
    New
    Unfortunately that doesn’t work either. I’ll put the code below to see if anyone can figure out why… // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated // Conditions to enter long positions indicator1 = (DHigh(1) + DLow(1) + DClose(1))/3-(DHigh(1)-DLow(1)) c1 = (close <= indicator1) indicator2 = RSI[14](close) c2 = (indicator2 <= 30) indicator3 = MACDline[12,26,9](close) c3 = (indicator3 <= -0.0015) indicator4 = DLow(1)-2*(DHigh(1)-(DHigh(1) + DLow(1) + DClose(1))/3) c4 = (close >= indicator4) if intradaybarindex=0 or day<>day[1] then count=0 endif if ( (not onmarket and onmarket[1] and not onmarket[2]) or (tradeindex(1)=tradeindex(2) and tradeindex(1)=barindex[1] and tradeindex(1)>0) or (not onmarket and onmarket[1])) then count=count+1 endif // initiate a new BUY order if c1 AND c2 AND c3 AND c4 and count<1 THEN BUY 10 CONTRACT AT MARKET endif   // Conditions to exit long positions indicator5 = MACDline[12,26,9](close) c5 = (indicator5 >= 0) IF c5 THEN SELL AT MARKET ENDIF // Conditions to enter short positions indicator6 = MACDline[12,26,9](close) c6 = (indicator6 >= 0.0015) indicator7 = RSI[14](close) c7 = (indicator7 >= 70) indicator8 = (DHigh(1) + DLow(1) + DClose(1))/3+(DHigh(1)-DLow(1)) c8 = (close >= indicator8) indicator9 = DHigh(1)+2*((DHigh(1) + DLow(1) + DClose(1))/3-DLow(1)) c9 = (close <= indicator9) IF c6 AND c7 AND c8 AND c9 and count<1 THEN SELLSHORT 10 CONTRACT AT MARKET ENDIF // Conditions to exit short positions indicator10 = MACDline[12,26,9](close) c10 = (indicator10 <= -0.0015) IF c10 THEN EXITSHORT AT MARKET ENDIF   // Stops and targets SET STOP pLOSS 6 SET TARGET pPROFIT 32
    10/18/2021 at 6:18 PM #179884 quote
    robertogozzi
    Moderator
    Master
    OTD (One Trade per Day) works fine for me: 
    // Definition of code parameters
DEFPARAM CumulateOrders = False // Cumulating positions deactivated

// Conditions to enter long positions
indicator1 = (DHigh(1) + DLow(1) + DClose(1))/3-(DHigh(1)-DLow(1))
c1 = (close <= indicator1)
indicator2 = RSI[14](close)
c2 = (indicator2 <= 30)
indicator3 = MACDline[12,26,9](close)
c3 = (indicator3 <= -0.0015)
indicator4 = DLow(1)-2*(DHigh(1)-(DHigh(1) + DLow(1) + DClose(1))/3)
c4 = (close >= indicator4)

//if intradaybarindex=0 or day<>day[1] then
//count=0
//endif

//if ( (not onmarket and onmarket[1] and not onmarket[2]) or (tradeindex(1)=tradeindex(2) and tradeindex(1)=barindex[1] and tradeindex(1)>0) or (not onmarket and onmarket[1])) then
//count=count+1
//endif
OTD = (Barindex - TradeIndex(1) > IntradayBarIndex) //OR 1
// initiate a new BUY order
//if c1 AND c2 AND c3 AND c4 and count<1 THEN
if c1 AND c2 AND c3 AND c4 and OTD THEN
BUY 10 CONTRACT AT MARKET
endif

 

// Conditions to exit long positions
indicator5 = MACDline[12,26,9](close)
c5 = (indicator5 >= 0)

IF c5 THEN
SELL AT MARKET
ENDIF

// Conditions to enter short positions
indicator6 = MACDline[12,26,9](close)
c6 = (indicator6 >= 0.0015)
indicator7 = RSI[14](close)
c7 = (indicator7 >= 70)
indicator8 = (DHigh(1) + DLow(1) + DClose(1))/3+(DHigh(1)-DLow(1))
c8 = (close >= indicator8)
indicator9 = DHigh(1)+2*((DHigh(1) + DLow(1) + DClose(1))/3-DLow(1))
c9 = (close <= indicator9)

//IF c6 AND c7 AND c8 AND c9 and count<1 THEN
IF c6 AND c7 AND c8 AND c9 and OTD THEN
SELLSHORT 10 CONTRACT AT MARKET
ENDIF

// Conditions to exit short positions
indicator10 = MACDline[12,26,9](close)
c10 = (indicator10 <= -0.0015)

IF c10 THEN
EXITSHORT AT MARKET
ENDIF

 

// Stops and targets
SET STOP pLOSS 6
SET TARGET pPROFIT 32
    try backtesting the same code, just removing the two comment slashes from line 21.
    10/18/2021 at 6:53 PM #179888 quote
    coh123
    Participant
    New
    Hi Roberto, Really appreciate you integrating the code for me! It is quite strange because I backtested the code you sent back as well as the code I had previously and over 6 years yours bankrupted the account and the other made £4k haha. I tested again with a larger account size and it just had a steady stream of losses till money lost again. Is there something in the code that perhaps makes it sell? Again, I’m still very much learning but something doesn’t seem quite right! 🙂
    10/19/2021 at 3:51 AM #179894 quote
    PeterSt
    Participant
    Master
    IF c6 AND c7 AND c8 AND c9 and OTD THEN
  SELLSHORT 10 CONTRACT AT MARKET
ENDIF
 
// Conditions to exit short positions
indicator10 = MACDline[12,26,9](close)
c10 = (indicator10 <= -0.0015)
 
IF c10 THEN
  EXITSHORT AT MARKET
ENDIF
    No matter the origin, if you code like that (above), it becomes unreadable for yourself. Also, the result will be unpredictable (which is almost the same ;-)). 
     // Conditions to exit short positions
indicator10 = MACDline[12,26,9](close)
c10 = (indicator10 <= -0.0015)

IF c6 AND c7 AND c8 AND c9 and OTD THEN
  SELLSHORT 10 CONTRACT AT MARKET
ELSIF c10 THEN
  EXITSHORT AT MARKET
ENDIF
    If you code like the above, you depict mutual exclusive situations, which with the first example are not mutually exclusive at all. A bit more tightly coded would be like this : 
    IF c6 AND c7 AND c8 AND c9 and OTD THEN
  SELLSHORT 10 CONTRACT AT MARKET
ELSE 

  // Conditions to exit short positions

  indicator10 = MACDline[12,26,9](close)
  c10 = (indicator10 <= -0.0015)

  If c10 THEN
    EXITSHORT AT MARKET
  ENDIF

ENDIF
    But this still would leave you with all kind of doubts, and it should be like this : 
    If Not OnMarket then

  EnteredMarket = 0

  If Not EnteredMarket then   // Superfluous here, but good habit.

    // Conditions to go Short.

    IF c6 AND c7 AND c8 AND c9 and OTD THEN
      SELLSHORT 10 CONTRACT AT MARKET
      EnteredMarket = 1
    ENDIF 

  ENDIF

  If Not EnteredMarket then   // Nit superfluous at all.

    // Other conditions for going Short or ... Long.

    IF ... then
      // ...
      EnteredMarket = 1
    ENDIF

  ENDIF

ENDIF   // Not OnMarket ?

If Not EnteredMarket then   // A bit of overkill, but in certain situations even this is good habit.

  If ShortOnMarket then

    // Conditions to exit short positions

    indicator10 = MACDline[12,26,9](close)
    c10 = (indicator10 <= -0.0015)

    If c10 THEN
      EXITSHORT AT MARKET
    ENDIF

  ENDIF   // ShortOnMarket ?

ENDIF   // Not EnteredMarket ?
    This leaves no doubt about what is happening and “what you are doing”; Try to rebuild the code like this and you may automatically run into the culprit(s) why it is not working out, even before running your re-coded program. Never think this is long-winded and a waste of time, because clarity above all ! Good luck now !
    10/19/2021 at 4:07 AM #179895 quote
    PeterSt
    Participant
    Master
    I found a bug ! 🙂 
    If Not OnMarket then
 
  EnteredMarket = 0
 
  If Not EnteredMarket then   // Superfluous here, but good habit.
 
// The above is wrong and it should be like this :

EnteredMarket = 0

If Not OnMarket then
  
  If Not EnteredMarket then   // Superfluous here, but good habit.
    coh123 thanked this post
    10/19/2021 at 10:58 AM #179939 quote
    coh123
    Participant
    New
    Wow, that has worked. I’m really grateful thank you.
    02/10/2022 at 3:28 PM #188013 quote
    drive
    Participant
    Junior
    Thx, Roberto but really dont know what you are meaning, thx for your support
    02/10/2022 at 3:51 PM #188014 quote
    robertogozzi
    Moderator
    Master
    drive wrote:
    Thx, Roberto but really dont know what you are meaning, thx for your support
    Why are you answering here? Please do NO scatter infor all over the forum! Keep posting in your own topic. Thanks 🙂
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1 TRADE PER DAY


ProOrder: Automated Strategies & Backtesting

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coh123 @coh123 Participant
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This topic contains 11 replies,
has 5 voices, and was last updated by robertogozzi
4 years ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 10/18/2021
Status: Active
Attachments: No files
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