Hello, I want to incorporate 2 robots, 1 mean reversion algorithm and 1 breakout algorithm, in 1 single robot.
I want the robot that if one robot is a triggered trade, the algo can continue to take trades only from the other one.
Example, the mean reversion algo takes one trade.
As long as this trade is not closed, it will not be able to resume a trade if a mean reversion signal is triggered.
On the other hand the robot will be able to take a trade if a breakout signal appears.
How can I do this, I tried but without any result ?
DEFPARAM CumulateOrders = True
// Conditions pour ouvrir une position acheteuse
BBH = BollingerUp[20](close)
SMA7 = Average[7](close)
SMA20 = Average[20](close)
// Mean reversion bot
RobotA = (SMA7 < SMA20) AND (close < SMA7) and (close > high[1])
// Breakout bot
RobotB = (close > high[1])
// THE 4 FLAG
If Not LongOnMarket AND RobotA then
Flag = 1
endif
// The condition to be avoided for RobotA once a trade from RobotA has been triggered
If LongOnMarket AND RobotA then
Flag = 2
endif
If Not LongOnMarket AND RobotB then
Flag = 3
endif
// The condition to be avoided for RobotB once a trade from RobotB has been triggered
If LongOnMarket AND RobotB then
Flag = 4
endif
IF (RobotA AND NOT 2) OR (RobotB AND NOT 4) THEN
Buy 1 lot AT MARKET
ENDIF
// Stops et objectifs : entrez vos stops et vos objectifs ici
SET STOP $LOSS 1000
SET TARGET $PROFIT 500
2nd way to launch orders :
IF ( (RobotA and 1) OR (RobotA AND 3) OR (RobotA and 4) )
OR ( (RobotB and 1) OR (ROBOTB AND 2) OR (ROBOTB AND 4) )
Then
Buy 1 lot AT MARKET
ENDIF
This should work, but you won’t be able to enter again until both trades are exited, because once both strategies have opened a trade, it’s very difficult to know which one closes.
You could do this by keeping track of each TRADEPRICE, but it’s not that straightforward!
DEFPARAM CumulateOrders = True
If not OnMarket Then
FlagA = 0
FlagB = 0
Endif
// Conditions pour ouvrir une position acheteuse
BBH = BollingerUp[20](close)
SMA7 = Average[7](close)
SMA20 = Average[20](close)
// Mean reversion bot
RobotA = (SMA7 < SMA20) AND (close < SMA7) and (close > high[1])
// Breakout bot
RobotB = (close > high[1])
// THE 2 FLAGS
IF RobotA AND FlagA = 0 THEN
Buy 1 lot AT MARKET
FlagA = 1
ENDIF
IF RobotB AND FlagB = 0 THEN
Buy 1 lot AT MARKET
FlagB = 1
ENDIF
// Stops et objectifs : entrez vos stops et vos objectifs ici
SET STOP $LOSS 1000
SET TARGET $PROFIT 500
Thank you, I learn a lot with your advices and your codes. Indeed TRADEPRICE seems complicated to set up, if I can already take one trade from each robot at the same time it’s a very good point that suits me.
