Buy two (or three) bars after the signal

ML · 2016-09-07T11:35:33+00:00

Hi everybody, I have a quick question for you. I just built a simple Trading System. I would like to put in code something like “when this condition happen buy two (or three) bars after the signal happened”. Would it be possible? Thanks a lot in advance ML

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09/07/2016 at 12:35 PM #12793 quote

ML
Participant

Average

Hi everybody,

I have a quick question for you. I just built a simple Trading System. I would like to put in code something like “when this condition happen buy two (or three) bars after the signal happened”.

Would it be possible?

Thanks a lot in advance

ML

09/07/2016 at 2:01 PM #12802 quote

Nicolas
Keymaster

Legend

Hi, you can compare the BARINDEX between the current one and the one when your signal occurred.

09/07/2016 at 3:00 PM #12815 quote

ML
Participant

Average

Hi Nicolas!

Can you explain better?

Let say I have something like:

xxx=golong+goshort
if xxx=1 then
buy 1 contracts at market nextbaropen
elsif xxx=-1 then
sellshort 1 contracts at market nextbaropen
endif

My idea would be to write something like “buy 1 contracts at market nexttwobaropen” but I know it does not exist!

How can I use the BARINDEX comand?

Thanks a lot in advance for your reply!

ML

09/07/2016 at 3:30 PM #12816 quote
Nicolas
Keymaster

Legend
nextbaropen is depreciated, it is not used anymore in the PRT language.

You can save the barindex when your signal occur and then compare its value with the current barindex one. Of course your ‘golong’ signal should occur only once in the past, otherwise the ‘signalbar’ variable would be constantly renewed with the current barindex.
```
xxx = golong

if xxx then 
 signalbar = barindex
endif

if barindex-xxx=2 then 
 buy 1 lot at market 
endif 
```
Please take the time to understand before asking your next question 🙂
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Buy two (or three) bars after the signal

ProOrder: Automated Strategies & Backtesting

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ML @ml Participant

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This topic contains 3 replies,
has 2 voices, and was last updated by Nicolas
10 years ago.

Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	09/07/2016
Status:	Active
Attachments:	No files