count consecutive losing trades

• 05/12/2020 at 6:14 PM #131358
  Thally

  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

   

  

  Thally

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

  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

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  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

   

  2 users thanked author for this post.

  Thally, Edmond

  

  Vonasi

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  05/12/2020 at 6:39 PM #131360
  Thally

  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?

  

  Thally

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

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

  

  Nicolas

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