MACd auto trading Attempt

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05/14/2019 at 4:13 AM #98412 quote

DJB1974
Participant

New

Hello there every, new to this group.

Im attempting to set up an auto trader based on the MACd and i cant work out why its buying and selling at the same time. See attached pic

Nothing i change seems to make a difference to it, can any body please assist?

Cheers

DJ

double-trades.jpg

05/14/2019 at 6:20 AM #98414 quote
robertogozzi
Moderator

Master
Please post your code so we can help find out any issue.

We need to be able to replicate your trades.

You also need to tell us:
- Instrument
- Time frame used
05/14/2019 at 9:06 AM #98426 quote
DJB1974
Participant

New
Here is my code

Not sure what u mean by Instrument sorry

1 min time frame on the any market/chart i apply it too

hope that helps, if u need more please let me know

cheers

DJ
```
// Definition of code parameters
DEFPARAM CumulateOrders = False // Cumulating positions deactivated

// Prevents the system from placing new orders on specified days of the week
daysForbiddenEntry = OpenDayOfWeek = 0

// Conditions to enter long positions
indicator1 = MACDline[12,26,9](close)
indicator2 = ExponentialAverage[9](indicator1)
c1 = (indicator1 < indicator2)

IF c1 AND not daysForbiddenEntry THEN
BUY 1 CONTRACT AT MARKET
ENDIF

// Conditions to enter short positions
indicator3 = MACDline[12,26,9](close)
indicator4 = ExponentialAverage[9](indicator3)
c2 = (indicator3 > indicator4)

IF c2 AND not daysForbiddenEntry THEN
SELLSHORT 1 CONTRACT AT MARKET
ENDIF

// Stops and targets
SET STOP pTRAILING 10
SET TARGET pPROFIT 100
```
05/14/2019 at 9:18 AM #98427 quote
DJB1974
Participant

New
```
// Definition of code parameters
DEFPARAM CumulateOrders = False // Cumulating positions deactivated

// Prevents the system from placing new orders on specified days of the week
daysForbiddenEntry = OpenDayOfWeek = 0

// Conditions to enter long positions
indicator1 = MACDline[12,26,9](close)
indicator2 = ExponentialAverage[9](indicator1)
c1 = (indicator1 < indicator2)

IF c1 AND not daysForbiddenEntry THEN
BUY 1 CONTRACT AT MARKET
ENDIF

// Conditions to enter short positions
indicator3 = MACDline[12,26,9](close)
indicator4 = ExponentialAverage[9](indicator3)
c2 = (indicator3 > indicator4)

IF c2 AND not daysForbiddenEntry THEN
SELLSHORT 1 CONTRACT AT MARKET
ENDIF

// Stops and targets
SET STOP pTRAILING 10
SET TARGET pPROFIT 100
```
05/14/2019 at 9:28 AM #98431 quote

GraHal
Participant

Master

DJB1974 wrote:

i cant work out why its buying and selling at the same time

Your code doesn’t do above on my platform … it does attached.

EDIT / PS

What do you have spread set at?

If you have it set at 10 then it will do what you are experiencing due to your TS of 10.

DJ.jpg

05/14/2019 at 9:28 AM #98433 quote

DJB1974
Participant

New

you can see on the chart that its making 2 orders at a time.

chart.jpg

05/14/2019 at 9:30 AM #98436 quote

DJB1974
Participant

New

yet on the closed list there doesnt appear to be multiple transactions at the same time

closed-list.jpg

05/14/2019 at 9:44 AM #98439 quote

DJB1974
Participant

New

i asked in another thread what MAE and MFE stand for, so i best get these dumb questions out of the way as well Abs Perf? Relate Per%? what do they mean please?

Does nbr bars refer to the points/pips of trade?

Also, i have a trailing stop of 10 set why is it then on the losing trades that the nbr bars showing 10 + shouldnt this close the trade at 10 losing points instead of the 20, 23, 19 that it shows?

cheers

DJ

closed-list-2.jpg

05/14/2019 at 9:45 AM #98441 quote

robertogozzi
Moderator

Master

It’s because your trailing stop is hit, usually within the first bar, since it’s really tight.

As you can see from my Pic1 (the same as your, but abridged), the first two trades are tagged both as ENTRY first, then as TRAILING STOP on exit. While the third one hit your target profit.

You can easily spot them on pic2.

x1.jpg x2.jpg

05/14/2019 at 9:47 AM #98444 quote

robertogozzi
Moderator

Master

Mine is on DAX, 1h, that’s what I meant by “instrument“.

05/14/2019 at 11:46 AM #98454 quote

DJB1974
Participant

New

so from my coding what do i need to change to stop it happening please?

whats a more reasonable trailing stop, take profit margin to assist it?

05/14/2019 at 11:50 AM #98455 quote

DJB1974
Participant

New

Its interesting to see the same strategy do completely different things , on the left is the asx200 index, which is after hours now, and then on the right the EUR/USD, being a FX trade im guessing the market doesnt shut down like each countries local Stockmarkets.

same-but-different.jpg

05/14/2019 at 11:53 AM #98457 quote

GraHal
Participant

Master

DJB1974 wrote:

whats a more reasonable trailing stop, take profit margin to assist it?

Try using the Optimiser to determine above.

Have you watched Nicolas videos?

05/14/2019 at 11:55 AM #98458 quote

DJB1974
Participant

New

GraHal wrote:

DJB1974 wrote:

i cant work out why its buying and selling at the same time

Your code doesn’t do above on my platform … it does attached.

EDIT / PS

What do you have spread set at?

If you have it set at 10 then it will do what you are experiencing due to your TS of 10.

If i have what part set at 10? the TS or something else?

05/14/2019 at 12:36 PM #98466 quote

GraHal
Participant

Master

DJB1974 wrote:

If i have what part set at 10? the TS or something else?

See red squiggly line on attached

DJ-3.jpg
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