count consecutive losing trades

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05/12/2020 at 6:14 PM #131358 quote

Thally
Participant

Average

Hi Guys,

does anyone have an idea of how to count consecutive losing trades. For example I want to stop trading if I take 3 losses in a row (i.e. one after the other), not a total of 3 losses for the day, but 3 losses in a row.

Any ideas on how to code this out would be greatly appreciated

Thanks

05/12/2020 at 6:23 PM #131359 quote
Vonasi
Moderator

Master
Use STRATEGYPROFIT.
```
if strategyprofit < strategyprofit[1] then
count = count + 1
endif

if strategyprofit > strategyprofit[1] then
count = 0
endif

if count = 3 and (what ever condition you set to start trading again) then
count = 0
endif

If (your entry conditions) and count < 3 then
buy 1 contract at market
endif
```
Edmond and Thally thanked this post
05/12/2020 at 6:39 PM #131360 quote

Thally
Participant

Average

Thanks Vonsai. I tried that but StrategyProfit seems to be incorrectly counting losing trades. Look at the first example, the trade is profitable albeit a tiny profit but the counter counts it as a losing trade. Any idea what this happens?

Screenshot-2020-05-12-at-18.37.30.png

05/13/2020 at 4:31 PM #131524 quote

Nicolas
Keymaster

Master

Small snippet that might help: https://www.prorealcode.com/topic/plus-de-prise-de-position/
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count consecutive losing trades

ProOrder: Automated Strategies & Backtesting

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Thally @rodger_dodger Participant

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This topic contains 3 replies,
has 3 voices, and was last updated by Nicolas
5 years, 9 months ago.

Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	05/12/2020
Status:	Active
Attachments:	1 files

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