Hi, I am fairly new to coding on ProRealCode, I want to initiate a buy/sell not at the next bar open but at the current bar, would be great to have some advice.
Thanks
Eugene
Hello Eugene,
Unfortunately, it is not possible at the moment to do this. Each condition are tested once a bar. Sorry.
Do you have any other question about coding? Don’t hesitate to create new topics in forums for specific question about prorealtime coding 🙂
Thanks Nicolas,
I am trying to trade 30min, using the bollinger band. Any spikes above the bollinger to take a reversal trade on the same bar, both on the long and short side. Can someone help me see what’s wrong with my code (below)? The backtest does not show the trades according to my thought process. Sometimes it opens where I see the price overshoots the bollinger, and sometimes it does not open a trade where I see the spike.
Ideally, this strategy uses the same (current) bar to get the signal and to open the trade but not the next open bar.
Appreciate any help here.
Tks.
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// Definition of code parameters
DEFPARAM CumulateOrders = False // Cumulating positions deactivated
Boll = 20
// Conditions to enter long positions
indicator1 = high
indicator2 = BollingerDown[Boll](close)
c1 = (indicator1 < indicator2)
IF c1 THEN
BUY 1 CONTRACT AT MARKET
Endif
// Conditions to enter short positions
indicator5 = close
indicator6 = BollingerUp[Boll](close)
c3 = (indicator5 > indicator6)
IF c3 THEN
SELLSHORT 1 CONTRACT AT MARKET
ENDIF
// Stops and targets
SET TARGET $PROFIT 1
You are here testing a high spike below the bollinger bands for a long position. You should use “low” in your indicator1 variable in my opinion.
And use “high” instead of close in indicator5.
Also, actually you are testing a spike out of the bollinger bands and not a re-entry in them… it maybe filter some bad signals ..
Your target profit of 1$ is very minimalist and you don’t even exit position in loss, how do you manage that? because there will be some trades that will never be in gain 🙂
Tks Nicolas,
Makes a lot of sense, I somehow didi;t see the obvious where there should be a low, for the buy signal and a high for the sell signal.
I am trying to trade/scalp the current bars, but unfortunately it is only for the next bar open. Is there a way to trigger the execution at the current bar?
Tks
Hi, i developed my code to buy and sell when the price touch MA, i did it with a LIMIT order when conditions are true, when signal is = 1, then the system sets up a limit order ready to go :). Also works with an STOP order.
REM ALEX v.0.2 @Binomio Trading Abril 2016
REM Estrategia ProOrder ProRealTime
REM No acumular órdenes
DEFPARAM CumulateOrders=False
REM Horario de operativa
DEFPARAM FlatBefore = 153000
DEFPARAM FlatAfter = 212900
REM Variables
mm = average[8](close)
uma = Highest[8](high)
umb = Lowest[8](low)
REM Establecemos nuevo mínimo en movimiento bajista
if umb<mm and high<mm then
umb=Lowest[8](low)
endif
if high>mm then
umb=mm
endif
REM Establecemos nuevo máximo en movimiento alcista
if uma>mm and low>mm then
uma=Highest[8](high)
endif
if low<mm then
uma=mm
endif
REM Establecimiento del ultimo toque con la media móvil
if barindex<2 then
ltp = mm
endif
if(High[1]>mm[1] and Low[1]<mm[1]) then
ltp = mm[1]
endif
REM Condición de entrada Largo
if (uma-ltp)>objetivo and uma>mm then
compra=1
endif
if (uma-ltp)<=objetivo then
compra=0
endif
REM Condición de entrada corto
if (ltp-umb)>objetivo and umb<mm then
venta=1
endif
if (ltp-umb)<=objetivo then
venta=0
endif
REM GESTION MONETARIA
REM Cálculo de contratos a operar
initLOT = 1
stepPROFIT = 400*PointValue
myLOT = max(initLOT,initLOT+ROUND((strategyprofit-stepPROFIT)/stepPROFIT))
REM Anticipación a la media móvil en la entrada
plusL = mm - mm[1]
plusC = mm[1] - mm
preciocompra = mm+plusL
precioventa = mm-plusC
REM Bloqueo de apertura de posiciones en la vela siguiente a cierre
LastTrade = BarIndex - TradeIndex
REM Establecer PROFIT Y STOPS
REM PROFIT LARGO
ProfitL = ((uma-ltp)*0.4)
REM PROFIT CORTOS
ProfitC = ((ltp-umb)*0.25)
REM STOP LARGOS
StopL = ((uma-ltp)*0.75)
REM STOP CORTOS
StopC = ((ltp-umb)*0.75)
REM Entrada de posiciones largas
IF NOT LongOnMarket AND NOT ShortOnMarket AND compra=1 and lasttrade>1 then
BUY myLOT SHARE AT preciocompra LIMIT
SET STOP ploss StopL
SET TARGET pPROFIT ProfitL
ENDIF
REM Entrada de posiciones cortas
IF NOT ShortOnMarket AND NOT LongOnMarket AND venta=1 and lasttrade>1 THEN
SELLSHORT myLOT SHARE AT precioventa LIMIT
SET STOP pLOSS StopC
SET TARGET pPROFIT ProfitC
ENDIF
REM DISTANCIA OBJETIVO MOVIMIENTO DEL PRECIO:
objetivo=45
Hope it helps you!
Cheers!
Hi Adolfo,
Thank you for sharing your code. I am new in coding and wandered to use your code on “Perpoint” instead of “Share” which parts has to be changed?
Thanks
