code is not place second order

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  • 12/19/2018 at 1:20 PM #87446 quote
    rama
    Participant
    Senior
    //-------------------------------------------------------------------------
// Main code : positionprices_trade(1)
//-------------------------------------------------------------------------
// Definition of code parameters
DEFPARAM CumulateOrders = true// Cumulating positions deactivated
x=1
if not onmarket and time > 080800 and time < 210000 then

BUY 1 PERPOINT AT low[10]+x stop



SELLSHORT 1 PERPOINT AT high[10]-x stop


endif
set stop loss 10

set target profit 100


if longonmarket then
BUY 1 PERPOINT AT 1.0004*positionprice stop

endif

if shortonmarket then
sellshort 1 PERPOINT AT 0.9996*positionprice stop

endif

c1= 0.9996*positionprice
c2=1.0004*positionprice

if close<=c1 and longonmarket then
sell at market
endif

if close>=c2 and shortonmarket then
exitshort at market
endif

    this is placing only order even price is moved from the original order by 24 pips

    I am telling the system to sell or buy in the same direction of the trend by roughly even 4 points move

    12/19/2018 at 1:43 PM #87449 quote
    robertogozzi
    Moderator
    Master

    At lines 9 and 13 you should do some math to  choose whether LIMIT or STOP should be applied to any pending order, otherwise they could be entered at market.

    I guess you are using this strategy not on a FX pair, since line 6 for currencies should be (though it should ALWAYS be, no matter what instrument you are trading):

    x=1*pipsize

    As for your last two lines, I can’t understand thoroughly what they mean, so I’m asking you to better explain your issue.

    12/19/2018 at 1:54 PM #87450 quote
    Vonasi
    Moderator
    Master

    Your lines like this one for example:

    BUY 1 PERPOINT AT 1.0004*positionprice stop

    is buying if price moves 0.04% above the current position price. You are talking in pips in your question not %.

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code is not place second order


ProOrder: Automated Strategies & Backtesting

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rama @rama Participant
Summary

This topic contains 2 replies,
has 3 voices, and was last updated by Vonasi
7 years, 2 months ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 12/19/2018
Status: Active
Attachments: No files
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