Accumulate orders- just a small beginners tip

• 07/26/2016 at 8:07 AM #10873
  Elsborgtrading

  Hi guys, when venturing into the point where you want to add more positions to your trade automatic, please remember to set “defparam cumulateorders=true” otherwise you might use 1 hour- like me, wondering why it does not work. This is just the example from the documentation.

  defparam cumulateorders=TRUE myMACD = MACD[12,26,9](close) long = myMACD crosses over 0 exit = myMACD crosses under 0 //first order IF NOT LongOnMarket AND long THEN BUY 1 CONTRACTS AT MARKET ENDIF If LongOnMarket AND exit THEN SELL AT MARKET ENDIF ind=0 //let's add another order while price continue to get higher (more than 10 points) than the last order taken with a condition of 5 bars elapsed since then IF BARINDEX-TRADEINDEX(1)>5 AND Close-TRADEPRICE(1)>10 AND LongOnMarket THEN BUY 1 CONTRACTS AT MARKET Ind=1 ENDIF //trailing stop for the whole orders SET STOP %TRAILING 1.5 Graph ind COLOURED(255,0,0) AS "condition" //red indicate if the extra orders were triggered

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  defparam cumulateorders=TRUE   myMACD = MACD[12,26,9](close) long = myMACD crosses over 0 exit = myMACD crosses under 0   //first order IF NOT LongOnMarket AND long THEN BUY 1 CONTRACTS AT MARKET ENDIF   If LongOnMarket AND exit THEN SELL AT MARKET ENDIF ind=0 //let's add another order while price continue to get higher (more than 10 points) than the last order taken with a condition of 5 bars elapsed since then IF BARINDEX-TRADEINDEX(1)>5 AND Close-TRADEPRICE(1)>10 AND LongOnMarket THEN BUY 1 CONTRACTS AT MARKET Ind=1 ENDIF   //trailing stop for the whole orders SET STOP %TRAILING 1.5   Graph ind COLOURED(255,0,0) AS "condition" //red indicate if the extra orders were triggered

   

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  Nicolas

  

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