Basic System

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  • #51572

    Hey i am new to the world of prt and coding and I have been playing around with the system for a while. Not much result so far sadly. The strategy creator using buttons only is not the best. Is it possible to code using another language and port it into the system?

    Also im having trouble telling the system to only have one position open at a time, and open another once the other has been closed, the DEFPARAM isnt working.

    Is it possible to test the system without using any indicators at all as part of your system for example. Buy at any price (during your set trading hours) which would then sell according to your stop/loss limit parameters.

    thanks

    #51581

    Hi there, you can code directly into PRT, you do not have to click only 🙂

    Regarding the one position at a time: You want the DEFPARAM set to false, so it only takes 1 at a time. As soon as one position closes, and if the entry is valid, it will open a new position.

    Say for example you have the following rules: “Buy if 20 MA is above 40 MA” and limit is 40 pips. If limit is hit and the postion closes, the system will open a new position as long as the 20 MA is still above 40 MA.

    And yes you can test the system however you would like, just create a simple system with whatever rules/systems you would like to test.

    1 user thanked author for this post.
    #51739

    Thank you fro your reply

    i know you can code directly into the prt but it is difficult for a newbie who has no idea of the programming language.

    yes the DEFPARAM set to false makes sense

    What I meant was that I want a system that ignores the moving averages and all technical indicators and buys at any price sells at 1 point profit with a stop loss at 5 points. All the while the one position at a time rule is still active

    #51743

    yes i suppose that could be done, just say close/price needs to be above 1, and then “set target pprofit 1” and “set stop ploss 5”

Viewing 4 posts - 1 through 4 (of 4 total)

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