Change a variable/flag after a LWL streak possible?

• 08/08/2021 at 3:51 PM #174934
  Daniel_H

  Hi.

  Is there possible to change or set a variable/flag after the last three trades where LWL (loss win loss) or something similar? The problem for me is when it comes to more than the last two trades. Coding statements checking the last two trades works fine.

  Example code (not complete):

  Code example

  if BARINDEX = 0 then LWLtrigger = 0 // After loss win loss (LWL) this variable changes to 1 contractscore = 0 // When below 0 a contract is added, more losses subtract more from score and wins adds back score endif if not onmarket then mystrategyprofit = strategyprofit // Example with LL that works, the problem is three trades in a row, etc. LWL if mystrategyprofit <> mystrategyprofit[1] then profithistory = mystrategyprofit profithistory2 = mystrategyprofit[1] profhistest = profithistory < profithistory[1] and profithistory2 < profithistory2[1] // Even this worked I think: profithistory < profithistory[1] and profithistory[1] < profithistory[2] endif // More losses would subtract more from contractscore in other if statements if LWLtrigger = 0 and profhistest then contractscore = contractscore - 1 LWLtrigger = 1 endif // How to do the same concept but with three consecutive trades WLW? endif // Buy example, of course there would be complete code to set the LWLtrigger to 0 again after a win (or more wins if there where more losses using contractscore). if not onmarket and LWLtrigger = 0 and otherparameters then buy 1 contract at market endif if not onmarket and LWLtrigger = 1 and otherparameters then buy 2 contract at market endif

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  if BARINDEX = 0 then LWLtrigger = 0 // After loss win loss (LWL) this variable changes to 1 contractscore = 0 // When below 0 a contract is added, more losses subtract more from score and wins adds back score endif     if not onmarket then mystrategyprofit = strategyprofit // Example with LL that works, the problem is three trades in a row, etc. LWL if mystrategyprofit <> mystrategyprofit[1] then profithistory = mystrategyprofit profithistory2 = mystrategyprofit[1] profhistest = profithistory < profithistory[1] and profithistory2 < profithistory2[1] // Even this worked I think: profithistory < profithistory[1] and profithistory[1] < profithistory[2] endif // More losses would subtract more from contractscore in other if statements if LWLtrigger = 0 and profhistest then contractscore = contractscore - 1 LWLtrigger = 1 endif // How to do the same concept but with three consecutive trades WLW? endif         // Buy example, of course there would be complete code to set the LWLtrigger to 0 again after a win (or more wins if there where more losses using contractscore). if not onmarket and LWLtrigger = 0 and otherparameters then buy 1 contract at market endif   if not onmarket and LWLtrigger = 1 and otherparameters then buy 2 contract at market endif

   

   

  Sincerely,
  Daniel.

  

  Daniel_H

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  08/08/2021 at 5:10 PM #174944
  robertogozzi

  You can keep track of the outcome of trades with this code:

  Once Gained = 0 Once Lost = 0 If StrategyProfit > StrategyProfit[1] then Gained = 1 Lost = 0 ElsIf StrategyProfit < StrategyProfit[1] then Gained = 0 Lost = 1 Endif LWL = Lost and Gained[1] and Lost[2]

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  Once Gained = 0 Once Lost   = 0 If StrategyProfit > StrategyProfit[1] then    Gained = 1    Lost   = 0 ElsIf StrategyProfit < StrategyProfit[1] then    Gained = 0    Lost   = 1 Endif LWL = Lost and Gained[1] and Lost[2]

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  robertogozzi

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  08/08/2021 at 9:16 PM #174952
  Daniel_H

  Thanks for your answer robertogozzi, I will definitely try that out. I won’t be able to do that until next weekend though, but will write back then again.

  Until then, I highly appreciate your answer!
  /Daniel

  

  Daniel_H

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  08/09/2021 at 6:32 PM #174979
  Daniel_H

  Hi again.

  I thought we would work normal hours this week but it’s still “summer hours”, so I got some extra time. 🙂

  I’ve tried your code but it seems to have the same problem. PRT still can only keep track of the last two trades.

  The test code with graph.

  Once Gained = 0 Once Lost = 0 If StrategyProfit > StrategyProfit[1] then Gained = 1 Lost = 0 ElsIf StrategyProfit < StrategyProfit[1] then Gained = 0 Lost = 1 Endif LWL = Lost and Gained[1] and Lost[2] LW = Gained and Lost[1] graph LWL as "LWL" graph LW coloured(0,0,255) as "LW"

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  Once Gained = 0 Once Lost   = 0   If StrategyProfit > StrategyProfit[1] then Gained = 1 Lost   = 0 ElsIf StrategyProfit < StrategyProfit[1] then Gained = 0 Lost   = 1 Endif   LWL = Lost and Gained[1] and Lost[2] LW = Gained and Lost[1]   graph LWL as "LWL" graph LW coloured(0,0,255) as "LW"

  /Daniel

  

  Daniel_H

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  08/10/2021 at 10:27 AM #174996
  robertogozzi

  You wanted to detectc LWL, or any other sequence of your choice, to pause a strategy.

  “The problem for me is when it comes to more than the last two trades“, what does that mean? what’s the problem there?

   

   

   

   

  

  robertogozzi

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  08/10/2021 at 5:54 PM #175041
  Daniel_H

  Yes I wanted to detect LWL but the code doesn’t do that (as you saw in the image I added in my previous reply). I painted in where there where LWL and the graph didn’t get triggered (otherwise it would get the true value 1 opposed to 0 in the picture in those positions). The image shows successful graph of LW I used as an example which works fine on the last two trades. But the platform (PRT) don’t seem to be able to check earlier than the last two trades when it comes to wins and losses. So to be clear, I want the graph to be triggered by LWL, then I know it works.

  Thanks again,
  Daniel.

  

  Daniel_H

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  08/10/2021 at 10:54 PM #175070
  robertogozzi

  Yes, I got it. The glitch was that that wirth [1]  the code is not accessing the previous result, bu the previous candle (the same for [2]).

  This one should do:

  ONCE MyProfit1 = 0 ONCE MyProfit2 = 0 ONCE MyProfit3 = 0 ONCE LWL = 0 IF LWL THEN MyProfit1 = 0 ENDIF If StrategyProfit > StrategyProfit[1] then MyProfit1 = MyProfit2 MyProfit2 = MyProfit3 MyProfit3 = 1 ElsIf StrategyProfit < StrategyProfit[1] then MyProfit1 = MyProfit2 MyProfit2 = MyProfit3 MyProfit3 = -1 Endif LWL = (MyProfit1 = -1) AND (MyProfit2 = 1) AND (MyProfit3 = -1) IF close crosses over average[20] and Not LongOnMarket then buy at market elsif close crosses under average[20] and Not ShortOnMarket then sellshort at market endif set stop ploss 100 set target pprofit 300 graph LWL coloured(255,0,0,255) graph MyProfit1 graph MyProfit2 graph MyProfit3

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  ONCE MyProfit1 = 0 ONCE MyProfit2 = 0 ONCE MyProfit3 = 0 ONCE LWL       = 0   IF LWL THEN MyProfit1   = 0 ENDIF   If StrategyProfit > StrategyProfit[1] then    MyProfit1 = MyProfit2    MyProfit2 = MyProfit3    MyProfit3 = 1 ElsIf StrategyProfit < StrategyProfit[1] then    MyProfit1 = MyProfit2    MyProfit2 = MyProfit3    MyProfit3 = -1 Endif   LWL = (MyProfit1 = -1) AND (MyProfit2 = 1) AND (MyProfit3 = -1)   IF close crosses over average[20] and Not LongOnMarket then    buy at market elsif close crosses under average[20] and Not ShortOnMarket then    sellshort at market endif set stop   ploss   100 set target pprofit 300   graph LWL coloured(255,0,0,255) graph MyProfit1 graph MyProfit2 graph MyProfit3

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  robertogozzi

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  08/11/2021 at 6:41 PM #175117
  Daniel_H

  Ok nice, I will definitely try that out later in the week.

  Thanks so far!
  /Daniel

  

  Daniel_H

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  08/14/2021 at 7:09 PM #175356
  Daniel_H

  Hi again.

  Yes it works great, thanks for your help Roberto!

  You have a nice weekend!
  /Daniel

  

  Daniel_H

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  08/18/2021 at 7:58 PM #175643
  GraHal

  Link to Roberto code above added as Log 299 here

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  GraHal

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