Algo not exiting trade on sell signal

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11/20/2020 at 10:37 PM #151100 quote
AleksLi
Participant

Junior
Hello folks,

Here’s my code:
```
DEFPARAM CumulateOrders = False

//dynamic position sizing
INITIALCAPITAL = 10000
d = (INITIALCAPITAL/close)
if d < 0.2 then
d = 0.2
endif
//end dynamic position sizing

indicator1 = SAR[0.3,0.3,0.1]
c1 = (close > indicator1)
indicator2 = RSI[4](close)
c2 = (indicator2 < 80)
c3 = (close >= open)
indicator3 = AroonUp[15]
c4 = (indicator3 > 5)

IF c1 AND c2 AND c3 AND c4 THEN
BUY d PERPOINT AT MARKET
ENDIF

indicator4 = SAR[0.3,0.1,0.1]
c5 = (indicator4 > close)
indicator5 = RSI[4](close)
c6 = (indicator5 > 80)

set stop $loss 800

IF c5 OR c6 THEN
SELL AT MARKET
ENDIF
```
As you can see, one of the sell rules is:
```
indicator4 = SAR[0.3,0.1,0.1]
c5 = (indicator4 > close)
```
However, once these conditions where satisfied last night, the algo did not exit my trade. What am I missing?

I’ve looked over my code five times and I’m starting to think I’m going crazy. I’d appreciate any help.

Thanks,

Aleks

1-1.jpg
11/20/2020 at 11:55 PM #151106 quote
robertogozzi
Moderator

Master
In your chart I can’t see where it was supposed to exit.

Append
```
GRAPH c5
GRAPH c6
```
then, after backtesting, check the variables’window to see what value they retain candle by candle. If their value is not, then conditions are not met.
11/21/2020 at 3:17 AM #151112 quote

AleksLi
Participant

Junior

Hi Robert, thanks for your answer. After including the graph commands, here’s what I get:

As you can see, the parabolic SAR gives off a sell signal, however, the system stays long.

2.jpg

11/21/2020 at 9:05 AM #151114 quote

robertogozzi
Moderator

Master

Your pic shows that on the bar where your mouse is sitting there were no trades open!

11/21/2020 at 7:59 PM #151167 quote

AleksLi
Participant

Junior

Hi Roberto,

The blue bars bellow the graphed variables show that a position of 0.66 lots was open.

Thanks,

Aleks

11/21/2020 at 8:41 PM #151168 quote

GraHal
Participant

Master

Does the SAR on your Price Chart have same settings as the SAR in your Algo at Line 23 – (SAR[0.3,0.1,0.1] )

11/21/2020 at 8:51 PM #151169 quote

AleksLi
Participant

Junior

Yep, I checked for that and it seems like both the SAR on the chart and the system are the same.

11/21/2020 at 8:53 PM #151170 quote

GraHal
Participant

Master

So you must have changed the SAR on the Price Chart because the default settings are – SAR[0.02,0.02,0.2]

Odd you say … ‘seems they are the same’ … either they are the same or they are not the same? 🙂

11/21/2020 at 9:26 PM #151171 quote

GraHal
Participant

Master

Anyway your condition c5 = (indicator4 > close) occurs on the bar marked with the red arrows on attached and so the Sell will occur at the open of the next bar … as indeed it does??

Or maybe you just haven’t shown any more bars??

Forgive my brusque comment in my previous post … I have one eye on the tv and I’ve had a beer! 🙂

Aleks.jpg

11/21/2020 at 9:41 PM #151174 quote

Vonasi
Moderator

Master

The GRAPH shows that C5 was true at the close of the second to last bar so the trade should be closed at the open of the last bar shown on the chart. I think we will not see the true backtest actions until this latest bar is actually closed and the backtest engine can see what trading actions would have occurred in that last bar. It is a back test and not live trading and actions are not real time.

I’ve not been back testing for a while so might be a bit rusty and talking rubbish though!

GraHal thanked this post

11/21/2020 at 9:46 PM #151175 quote

AleksLi
Participant

Junior

Hi GraHal,

Thanks for your answer. All good- personally I’m nursing quite a hard hangover from yesterday, so my English might not be as clear as I’d like it to be. I apologise for any miscommunication.

In my last screenshot, my cursor hides the first red dot that appeared on the 19th of November. The trade should’ve been closed on the opening of the 20th of November.

I thought I might also add that this system was actually live while these trades where on, and I thought that the system would’ve exited me out of my trade in real time?

Thanks,

Aleks

GraHal thanked this post

2__01.jpg

11/21/2020 at 10:02 PM #151178 quote
robertogozzi
Moderator

Master
Try using this as line 30:
```
IF c5 <> 0 OR c6 <> 0 THEN
```
it’s the same as the original one but… never say never!
11/21/2020 at 10:08 PM #151179 quote

Vonasi
Moderator

Master

You can’t use the GRAPH instruction in live trading. Are you sure that you mean live and not just a currently running backtest?
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