Hi Nonetheless, thks for this nice code on post #126280 but I tried with no succes on live IG, rejected order something wrong !! Can you watch ?

Not this one, post #126280 is on TF 5 minutes. I just try to change stop loss condition (if..) to classic SL code (I have an IG account with SL guaranteed) but same results…

/ Definition of code parameters
DEFPARAM CumulateOrders = FALSE // Cumulating positions deactivated
DEFPARAM preloadbars = 500
//Money Management DOW
MM = 0 // = 0 for optimization
if MM = 0 then
positionsize=1
ENDIF
if MM = 1 then
ONCE startpositionsize = 1
ONCE factor = 50 // factor of 10 means margin will increase/decrease @ 10% of strategy profit; factor 20 = 5% etc
ONCE factor2 = 60 // tier 2 factor
ONCE margin = (close*.005) // tier 1 margin value of 1 contract in instrument currency; change decimal according to available leverage
ONCE margin2 = (close*.01)// tier 2 margin value of 1 contract in instrument currency; change decimal according to available leverage
ONCE tier1 = 55 // DOW €1 IG first tier margin limit
ONCE maxpositionsize = 550 // DOW €1 IG tier 2 margin limit
ONCE minpositionsize = .2 // enter minimum position allowed
IF Not OnMarket THEN
positionsize = startpositionsize + Strategyprofit/(factor*margin)
ENDIF
IF Not OnMarket THEN
IF startpositionsize + Strategyprofit/(factor*margin) > tier1 then
positionsize = (((startpositionsize + (Strategyprofit/(factor*margin))-tier1)*(factor*margin))/(factor2*margin2)) + tier1 //incorporating tier 2 margin
ENDIF
IF Not OnMarket THEN
if startpositionsize + Strategyprofit/(factor*margin) < minpositionsize THEN
positionsize = minpositionsize //keeps positionsize from going below allowed minimum
ENDIF
IF (((startpositionsize + (Strategyprofit/(factor*margin))-tier1)*(factor*margin))/(factor2*margin2)) + tier1 > maxpositionsize then
positionsize = maxpositionsize// keeps positionsize from going above IG tier 2 margin limit
ENDIF
ENDIF
ENDIF
ENDIF

//once enableSL = 1 // stop loss
once enablePT = 1 // profit target
once enableTS = 1 // trailing stop
once enableBE = 1 // breakeven stop

//once displaySL = 1 // stop loss
//once displayPT = 1 // profit target
//once displayTS = 1 // trailing stop
//once displayBE = 1 // breakeven stop

SL = 1.7//1.9 // % stop loss
PT = 2.4//2.3 // % profit target
TS = 0.4//0.35//0.26 // % trailing stop
BESG = 0.5//0.35//0.25 // % break even stop gain
BESL = 0.2//0.40//0.00 // % break even stop level
// underlaying security / index / forex
// profittargets and stoploss have to match the lines
// 0.01 FOREX [i.e. GBPUSD=0.01]
// 1.00 SECURITIES [i.e. aapl=1 ;
// 100.00 INDEXES [i.e. dax=100]

// 100=XAUUSD
// 100=CL US Crude
// DAX=100

underlaying=50//100

// reset at start
//if intradaybarindex=0 then
//longtradecounter=0
//shorttradecounter=0
//endif

//pclong = longtradecounter<1
//pcshort = shorttradecounter<1

TIMEFRAME(120 MINUTES,updateonclose)
Period= 495
inner = 2*weightedaverage[round( Period/2)](typicalprice)-weightedaverage[Period](typicalprice)
HULLa = weightedaverage[round(sqrt(Period))](inner)
c1 = HULLa > HULLa[1]
c2 = HULLa < HULLa[1]

indicator1 = SuperTrend[8,6]
c3 = (close > indicator1)
c4 = (close < indicator1)

ma = average[60,3](close)
c11 = ma > ma[1]
c12 = ma < ma[1]

//Stochastic RSI | indicator
lengthRSI = 15 //RSI period
lengthStoch = 9 //Stochastic period
smoothK = 10 //Smooth signal of stochastic RSI
smoothD = 5 //Smooth signal of smoothed stochastic RSI
myRSI = RSI[lengthRSI](close)
MinRSI = lowest[lengthStoch](myrsi)
MaxRSI = highest[lengthStoch](myrsi)
StochRSI = (myRSI-MinRSI) / (MaxRSI-MinRSI)
K = average[smoothK](stochrsi)*100
D = average[smoothD](K)
c13 = K>D
c14 = K<D

TIMEFRAME(30 minutes,updateonclose)
indicator5 = Average[2](typicalPrice)
indicator6 = Average[7](typicalPrice)
c15 = (indicator5 > indicator6)
c16 = (indicator5 < indicator6)

TIMEFRAME(15 minutes,updateonclose)
indicator2 = Average[4](typicalPrice)
indicator3 = Average[8](typicalPrice)
c7 = (indicator2 > indicator3)
c8 = (indicator2 < indicator3)

ma2 = average[25,1](close)
c17 = ma2 > ma2[1]
c18 = ma2 < ma2[1]

Periodc= 23
innerc = 2*weightedaverage[round( Periodc/2)](typicalprice)-weightedaverage[Periodc](typicalprice)
HULLc = weightedaverage[round(sqrt(Periodc))](innerc)
c9 = HULLc > HULLc[1]
c10 = HULLc < HULLc[1]

TIMEFRAME(10 minutes)
indicator1a = SuperTrend[2,7]
c19 = (close > indicator1a)
c20 = (close < indicator1a)

TIMEFRAME (5 minutes)//(default)
//Stochastic RSI | indicator
lengthRSIa = 3 //RSI period
lengthStocha = 6 //Stochastic period
smoothKa = 9 //Smooth signal of stochastic RSI
smoothDa = 3 //Smooth signal of smoothed stochastic RSI
myRSIa = RSI[lengthRSIa](close)
MinRSIa = lowest[lengthStocha](myrsia)
MaxRSIa = highest[lengthStocha](myrsia)
StochRSIa = (myRSIa-MinRSIa) / (MaxRSIa-MinRSIa)
Ka = average[smoothKa](stochrsia)*100
Da = average[smoothDa](Ka)
c23 = Ka>Da
c24 = Ka<Da

ma3 = average[15,3](close)
c21 = ma3 > ma3[1]
c22 = ma3 < ma3[1]

Periodb= 15
innerb = 2*weightedaverage[round( Periodb/2)](typicalprice)-weightedaverage[Periodb](typicalprice)
HULLb = weightedaverage[round(sqrt(Periodb))](innerb)
c5 = HULLb > HULLb[1]and HULLb[1]<HULLb[2]
c6 = HULLb < HULLb[1]and HULLb[1]>HULLb[2]

// Conditions to enter long positions
IF c1 AND C3 AND C5 and c7 and c9 and c11 and c13 and c15 and c17 and c19 and c21 and c23 THEN
BUY positionsize CONTRACT AT MARKET
set stop %loss SL
//longtradecounter=longtradecounter+1
ENDIF

// Conditions to enter short positions
IF c2 AND C4 AND C6 and c8 and c10 and c12 and c14 and c16 and c18 and c20 and c22 and c24 THEN
SELLSHORT positionsize CONTRACT AT MARKET
set stop %loss SL
//shorttradecounter=shorttradecounter+1
ENDIF

//================== exit in profit
if longonmarket and C6 and c8 and close>positionprice then
sell at market
endif

If shortonmarket and C5 and c7 and close<positionprice then
exitshort at market
endif

//==============exit at loss
if longonmarket AND c2 and c6 and close<positionprice then
sell at market
endif
If shortonmarket and c1 and c5 and close>positionprice then
exitshort at market
endif

// to set & display stoploss
//if enableSL then
//set stop %loss SL
//if displaysl then
//if not onmarket then
//sloss=0
//elsif ((longonmarket and shortonmarket[1]) or (longonmarket[1] and shortonmarket)) then
//sloss=0
//endif
//if onmarket then
//if longonmarket then
//sloss=tradeprice(1)-((tradeprice(1)*SL)/underlaying)*pointsize
//endif
//if shortonmarket then
//sloss=tradeprice(1)+((tradeprice(1)*SL)/underlaying)*pointsize
//endif
//endif
//graphonprice sloss coloured(255,0,0,255) as “stoploss”
//sloss=sloss
//endif
//endif

// to set & display profittarget
if enablePT then
set target %profit PT
//if displaypt then
//if not onmarket then
//ptarget=0
//elsif ((longonmarket and shortonmarket[1]) or (longonmarket[1] and shortonmarket)) then
//ptarget=0
//endif
//if onmarket then
//if longonmarket then
//ptarget=tradeprice(1)+((tradeprice(1)*PT)/underlaying)*pointsize
//endif
//if shortonmarket then
//ptarget=tradeprice(1)-((tradeprice(1)*PT)/underlaying)*pointsize
//endif
//endif
//graphonprice ptarget coloured(121,141,35,255) as “profittarget”
//ptarget=ptarget
//endif
endif

// trailing stop
if enableTS then
trailingstop = (tradeprice/100)*TS
if not onmarket then
maxprice=0
minprice=close
priceexit=0
endif
if ((longonmarket and shortonmarket[1]) or (longonmarket[1] and shortonmarket)) then
maxprice=0
minprice=close
priceexit=0
endif
if longonmarket then
maxprice=max(maxprice,close)
if maxprice-tradeprice(1)>=(trailingstop) then
priceexit=maxprice-(trailingstop/(underlaying/100))*pointsize
endif
endif
if shortonmarket then
minprice=min(minprice,close)
if tradeprice(1)-minprice>=(trailingstop) then
priceexit=minprice+(trailingstop/(underlaying/100))*pointsize
endif
endif
if longonmarket and priceexit>0 then
sell at priceexit stop
endif
if shortonmarket and priceexit>0 then
exitshort at priceexit stop
endif
//if displayTS then
//priceexit=priceexit
//graphonprice priceexit coloured(0,0,255,255) as “trailingstop”
//endif
endif

// break even stop
if enableBE then
if not onmarket then
newsl=0
endif
if ((longonmarket and shortonmarket[1]) or (longonmarket[1] and shortonmarket)) then
newsl=0
endif
if longonmarket then
if close-tradeprice(1)>=(((tradeprice(1)/100)*BESG)/(underlaying/100))*pointsize then
newsl=tradeprice(1)+(((tradeprice(1)/100)*BESL)/(underlaying/100))*pointsize
endif
endif
if shortonmarket then
if tradeprice(1)-close>=(((tradeprice(1)/100)*BESG)/(underlaying/100))*pointsize then
newsl=tradeprice(1)-(((tradeprice(1)/100)*BESL)/(underlaying/100))*pointsize
endif
endif
if longonmarket and newsl>0 then
sell at newsl stop
endif
if shortonmarket and newsl>0 then
exitshort at newsl stop
endif
//if displayBE then
//newsl=newsl
//graphonprice newsl coloured(244,102,27,255) as “breakevenstop”
//endif
endif

//graph (positionperf*100)coloured(0,0,0,255) as “positionperformance”

This part doesn’t look right – “underlaying=50//100”

with 100 same result in live = reject

Hi @Paul

Thanks for your nice work !

Have you try to compare a strategy with and without breakeven, in a backtest on in Sample and Walk Forward In/OOS  ?

Because in my experience it is often less interesting to be stop/lose frequentely on Breakeven than to have a bigger stop to let the trade breathe. May be to be at your Breakeven at x ATR could help instead a “classic” Breakeven at x Pips ?

Have a nice day

Hi @auvergnat, the code I posted in #1260280 was an unfinished test. The latest working version of that is here: #125210