Problem with stop loss optimization.

• 06/27/2018 at 10:11 PM #74565
  Forexsake

  Hi , I am trying to learn hoe to code a programme and I am having some issues. I would like to try optimization , but I am not sure where to put my variable for a stop.

  My variable is called “stop” ,

  // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated // Conditions to enter long positions indicator1 = MACDline[12,26,9](close) indicator2 = ExponentialAverage[9](indicator1) c1 = (indicator1 CROSSES OVER indicator2) IF c1 THEN BUY 1 PERPOINT AT MARKET ENDIF // Conditions to exit long positions indicator3 = MACDline[12,26,9](close) indicator4 = ExponentialAverage[9](indicator3) c2 = (indicator3 CROSSES UNDER indicator4) IF c2 THEN SELL AT MARKET ENDIF // Conditions to enter short positions indicator5 = MACDline[12,26,9](close) indicator6 = ExponentialAverage[9](indicator5) c3 = (indicator5 CROSSES UNDER indicator6) IF c3 THEN SELLSHORT 1 PERPOINT AT MARKET ENDIF // Conditions to exit short positions indicator7 = MACDline[12,26,9](close) indicator8 = ExponentialAverage[9](indicator7) c4 = (indicator7 CROSSES UNDER indicator8) IF c4 THEN EXITSHORT AT MARKET ENDIF // Stops and targets SET stop pLOSS 30

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  // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated   // Conditions to enter long positions indicator1 = MACDline[12,26,9](close) indicator2 = ExponentialAverage[9](indicator1) c1 = (indicator1 CROSSES OVER indicator2)   IF c1 THEN BUY 1 PERPOINT AT MARKET ENDIF   // Conditions to exit long positions indicator3 = MACDline[12,26,9](close) indicator4 = ExponentialAverage[9](indicator3) c2 = (indicator3 CROSSES UNDER indicator4) IF c2 THEN SELL AT MARKET ENDIF   // Conditions to enter short positions indicator5 = MACDline[12,26,9](close) indicator6 = ExponentialAverage[9](indicator5) c3 = (indicator5 CROSSES UNDER indicator6)   IF c3 THEN SELLSHORT 1 PERPOINT AT MARKET ENDIF   // Conditions to exit short positions indicator7 = MACDline[12,26,9](close) indicator8 = ExponentialAverage[9](indicator7) c4 = (indicator7 CROSSES UNDER indicator8)   IF c4 THEN EXITSHORT AT MARKET ENDIF   // Stops and targets SET stop pLOSS 30

   

  I have tried replacing the 30 with [stop] but it does not work. Any help really appreciated for a newbie.

  

  Forexsake

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  06/27/2018 at 10:32 PM #74567
  Vonasi

  Please use the ‘Insert PRT Code’ button when putting code in your posts. I have tidied up your post for you.

  Also in future posts please try to use a topic title that means something rather than just ‘Basic coding help’. I will change your topic title to something more meaningful.

  You can not use the variable name ‘stop’ as it is an instruction used in PRT code already. Change it to SL or something similar.

  The last line of your code would then be:

  set stop ploss SL

  1	set stop ploss SL

   

  

  Vonasi

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  06/27/2018 at 11:07 PM #74569
  Forexsake

  Perfect , thanks. And will make sure I do it right next time,

  1 user thanked author for this post.

  Vonasi

  

  Forexsake

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  06/28/2018 at 7:04 AM #74578
  GraHal

  Forexsake wrote:

  indicator7 = MACDline[12,26,9](close) indicator8 = ExponentialAverage[9](indicator7) c4 = (indicator7 CROSSES UNDER indicator8)   IF c4 THEN EXITSHORT AT MARKET ENDIF

  You sure you don’t want above to read CROSSES OVER ??

  Great username Forexsake btw! 🙂

   

  

  GraHal

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  06/28/2018 at 8:38 AM #74588
  Forexsake

  Hi Grahal. I will have a look at that tonight thanks. I did think a lot about my username and I now use it for all forums etc.. I was quite impressed I came up with something a tad humorous..

  

  Forexsake

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