Anybody coded an open trade manager?

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  • #193578 quote
    Berwick
    Participant
    New

    This may be helpful in explaining what I am looking for,

    http://www.az-invest.eu      Visual Trading Console.

    #193579 quote
    PeterSt
    Participant
    Master

    Send me an email, if you like.

    #193580 quote
    Berwick
    Participant
    New

    Sorry but my security program prevented me from sending you an email.

    #193581 quote
    PeterSt
    Participant
    Master

    http://www.az-invest.eu Visual Trading Console.

    Yea, I saw that. I assume you did not link to a specific “strategy” ? N.b.: Your link did not work, mine hopefully does, but it goes to a general page.

    All right. Your question “can someone code that for me” could have been too heavy. Usually if you express what you functionally want, someone may come up with a piece of code that will do something. It may not make profit, but then others may jump in and improve it.

    In the end this will not work out really because I am fairly sure that when it starts to work a little

    a. people will stop sharing because
    b. others will steal it and put it to the (ProrealCode Market Place) for sale.

    This is the “mechanism” currently at work and this is so since the Market Place exists.
    Btw, from that Market Place itself – where you can buy Strategies – you can see that no Autotrading codes really work. Others may feel different about this or view it from different angles, but let’s say : so difficult it is. Therefore :

    The combination with your own manual Enter’s would be fresh, IMO. It would also always blame you for the wrong Enter instead of the code not working. Haha.

    Anecdotal : I tend to work the other way around these days; enter manually because my Autotrade tells so. It should know better (LOL).

    #193582 quote
    GraHal
    Participant
    Master

    if you express what you functionally want

    If you write a specification Berwick (as Peter suggests) I be suprised if somebody does not jump in and code it.

    The System would need to enter a trade the instant you set it running ( as your brain will have sorted the entry condition) and so the System would need to run on 1 sec Timeframe?

    Sounds like you need 2 Systems … 1 for Longs and 1 for Shorts?

    For ease of understnading and coding, lay out the spec as  bulleted points …

    1. asdajsajs
    2. akjsdkasjkasd
    3. sslsj

    Just ideas … be a shame to see this Topic die now?

    #193585 quote
    Berwick
    Participant
    New

    Peter, I understand and agree with your comments regarding the Market.

    GraHal, the point is that I do not want the code to enter any trades at all, I want to manually enter orders. I want the code to sit there on the platform until a trade is opened and then spring into action managing the trade according to the user inputs that I have entered.

    It may be because of the way PRT works that this is not possible.

    Note that there would not really be anything to steal.

    #193591 quote
    GraHal
    Participant
    Master

    I want to manually enter orders.

    Nearest you can get with PRT is … a System containing placeholders for your entry conditions (price etc), you then start the System (1sec TF) and the trade is managed by the fixed coded controls.

    #193592 quote
    GraHal
    Participant
    Master

    Never one to give up … you could try setting up what you want using the Alert Function … see attached.

    Alert2.png Alert2.png
    #193594 quote
    Berwick
    Participant
    New

    Thanks for your replies but these suggestion do not do what I want. With the system that I am currently using (MT4 and Visual Trading Console) I can set pending orders and go away from the computer, if any orders are triggered, the VTC manages the trade in my absence. I have only asked the question on here because PRT is in my opinion a far better charting system than MT4, and much more pleasurable to use.

    #193595 quote
    GraHal
    Participant
    Master

    It be a good idea to suggest direct to PRT using the Form on the link below.

    Refer to this Topic and also link to the VTC.

    PRT do take up Suggestions made by users.

    https://www.prorealtime.com/en/contact?suggestion=1

    #193596 quote
    PeterSt
    Participant
    Master

    Berwick, would it be correct that my vision on how to let enter that system, is what could work for you ?
    Thus, you view the price you set the Limit at (you did that graphically) and now enter that very price in the parameter for it (not a distance parameter but just price this time).

    IMHO this would virtually be the same as setting the Limit manually and let a trading system do the remainder, once the order is filled. If you only have sufficient time.
    You would be able to start the Strategy in maybe 15 seconds after some practice.

    What GraHal suggests on the two Strategies (one for Long and one for Short) is OK, but not necessary. We would be able to detect the direction automatically (Limit Price vs current Price).
    His suggestion on the 1 second TimeFrame (of the Chart) is most certainly a good one; once the Strategy has been started it must start to respond as quickly as possible or else your Price disappeared and won’t be met again.
    There’s a bit more to this to let it work for real, but that’s the fun (me thinks).

    #193597 quote
    Berwick
    Participant
    New

    Peter, yes but if I am driving or in a meeting I would not be available to start the strategy.

    GraHal, yes a good idea, thanks for the link, I will make the suggestion to PRT.

    #193598 quote
    PeterSt
    Participant
    Master

    Peter, yes but if I am driving or in a meeting I would not be available to start the strategy.

    Totally clear. But when did you set your Limit order then as how you are used to work ?
    Hint : if that was far away or anything which can’t be related (??) then you would start the Strategy at the same moment.

    I can imagine this is not clear. But there’s also an omission in what I told at first :

    1. Set the Limit and watch the price you arrived at.
    2. Start the Strategy with that same Limit Price.
    3. Kill the Limit order from #1 (!!).
    4. Go for a tour.
    5. Have the Strategy automatically quit when the trade is finished (or when it never happened after x time).

    So if you understand #3 and the why of it, you may understand the whole procedure.

    Btw @GraHal, I am sure you like this. Am I right ?

    #193599 quote
    PeterSt
    Participant
    Master

    Hint : if that was far away

    I meant to say :

    If that Limit was far away …

    Anyway, you would do what you always do, but end with starting the Strategy followed by removing your Limit (or else you would end up in a Manual Position as well).

    #193600 quote
    Berwick
    Participant
    New

    Peter, have to go out now, will continue later or tomorrow.

    John.

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Anybody coded an open trade manager?


General Trading: Market Analysis & Manual Trading

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Berwick @berwick Participant
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This topic contains 65 replies,
has 6 voices, and was last updated by GraHal
3 months, 3 weeks ago.

Topic Details
Forum: General Trading: Market Analysis & Manual Trading
Language: English
Started: 05/21/2022
Status: Active
Attachments: 5 files
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