Conditions to enter positions – AND / OR

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10/24/2019 at 1:33 AM #111002 quote

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// Conditions to enter long positions

IF (x > y) AND (x > 70) AND (sslUp > sslDown) THEN
BUY 1 PERPOINT AT MARKET
ENDIF

// Conditions to exit long positions

IF (sslUP < sslDown) OR (y > x) THEN
SELL AT MARKET
ENDIF

// Conditions to enter short positions

IF (sslDown > sslUp) AND (y > 70) AND (y > x) THEN
SELLSHORT 1 PERPOINT AT MARKET
ENDIF

// Conditions to exit short positions

IF (sslUP > sslDown) OR (x > y) THEN
EXITSHORT AT MARKET
ENDIF

In the above code to enter long positions, I want to use AND and OR e.g.

// Conditions to enter long positions

IF ((x > y) AND (x > 70)) OR (sslUp > sslDown) THEN
BUY 1 PERPOINT AT MARKET
ENDIF

Is my above code modification correct? Do I need to put OR onto the next line? Do I need to use ELSIF? Any suggestions please?

Thanks

Sachin

10/24/2019 at 2:14 AM #111003 quote

robertogozzi

Moderator

Legend

Your conditions seem fine. If they work as you expect then they are fine!

There’s no need to use ELSIF, I think it’s more readable the way you wrote it.

I can only suggest that you add “AND LongOnMarket” at line 9:

IF ((sslUP < sslDown) OR (y > x)) AND LongOnMarket THEN

and “AND ShortOnMarket” at line 21:

IF ((sslUP > sslDown) OR (x > y)) AND ShortOnMarket THEN

but it’s not mandatory.

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Conditions to enter positions – AND / OR

ProOrder: Automated Strategies & Backtesting

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This topic contains 1 reply,
has 2 voices, and was last updated by robertogozzi
6 years, 11 months ago.

Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	10/24/2019
Status:	Active
Attachments:	No files