Coding Help needed – delay new trade after one closes

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03/27/2025 at 6:35 PM #245359 quote

OggyFluff77
Participant

New

good afternoon all,

i need some coding help please.

i would like to add a parameter to the below code which defines how many bars to wait before re-entering a trade – assuming the conditions to trade are still being met.

code is not finalised but being built out bit by bit. will be using 1m bars

// Conditions for Entry of Long Positions
IF CLOSE<EMA(20) AND NOT ONMARKET THEN
BUY 1 CONTRACTS AT MARKET
SET STOP $LOSS StopLoss
ELSIF SHORTONMARKET AND (CLOSE-TRADEPRICE) THEN
BUY 1 CONTRACTS AT MARKET
SET STOP $LOSS StopLoss
ENDIF

Hope it makes sense

thanks in advance

03/28/2025 at 9:37 AM #245378 quote
Iván González
Moderator

Legend
Hi. You could add something like this:
```
// this will control how many bars your system is not onmarket
if not onmarket then
barsOut=barsOut+1
else
barsOut=0
endif

// You have to define how many bars (X) waiting out of market
if not onmarket and yourconditions and barsOut>x then
buy 1 contract at market
endif
```
robertogozzi and OggyFluff77 thanked this post
03/29/2025 at 10:15 AM #245404 quote

OggyFluff77
Participant

New

many thanks Ivan, the code works perfectly.

thanks for your help, much appreciated
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Coding Help needed – delay new trade after one closes

ProOrder: Automated Strategies & Backtesting

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OggyFluff77 @oggyfluff77 Participant

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This topic contains 2 replies,
has 2 voices, and was last updated by OggyFluff77
1 year, 5 months ago.

Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	03/27/2025
Status:	Active
Attachments:	No files

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