Calculating weekly strategy profit

• 12/27/2017 at 6:46 PM #56675
  Juan Salas

  Hi all,

  I am working on a code that work from Monday to Friday. I will open on Monday and will close on Friday unless the code reach x profit or y losses.

  To modify the strategyprofit for just one day, Roberto showed a nice piece of code that I have just changed to a weekly strategy profit. I just wanted to have confirmation that it is correct.

  // STRATEGYPROFIT per WEEK. It resets the variable each new week IF dayofweek=1 AND INTRADAYBARINDEX = 0 THEN stratprofit = STRATEGYPROFIT //saves the previous week Profit nomoretrading = 0 ENDIF //Finishing WEEKLY operations when reaching target profit/loss IF (STRATEGYPROFIT-stratprofit)>=100 THEN //current week's profit SELL AT MARKET EXITSHORT AT MARKET nomoretrading=1 ENDIF IF (STRATEGYPROFIT-stratprofit)<=-100 THEN //current week's loss SELL AT MARKET EXITSHORT AT MARKET nomoretrading=1 ENDIF

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  // STRATEGYPROFIT per WEEK. It resets the variable each new week IF dayofweek=1 AND INTRADAYBARINDEX = 0 THEN stratprofit = STRATEGYPROFIT //saves the previous week Profit nomoretrading = 0 ENDIF   //Finishing WEEKLY operations when reaching target profit/loss IF (STRATEGYPROFIT-stratprofit)>=100 THEN //current week's profit SELL AT MARKET EXITSHORT AT MARKET nomoretrading=1 ENDIF   IF (STRATEGYPROFIT-stratprofit)<=-100 THEN //current week's loss SELL AT MARKET EXITSHORT AT MARKET nomoretrading=1 ENDIF

  Thanks,

  Juan

  

  Juan Salas

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  12/27/2017 at 7:18 PM #56678
  robertogozzi

  The logic is fine, in case line 2 doesn’t work as expected try

  IF Opendayofweek=1 AND INTRADAYBARINDEX = 0 THEN

  1	IF Opendayofweek=1 AND INTRADAYBARINDEX = 0 THEN

  You only have to demo it!

   

  2 users thanked author for this post.

  Nicolas, Juan Salas

  

  robertogozzi

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  12/27/2017 at 7:22 PM #56682
  Juan Salas

  Hi Roberto,

  Thanks again. I will try your option in case does not work.

  Regards,

  Juan

  

  Juan Salas

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