Cumulative orders issue with individual stoploss and takeprofit

• 11/26/2018 at 1:06 PM #85726
  PastaPesto

  Hello,

  I am having problems with cumulative orders. As long as the orders have fixed TP and SL value, everything seems to be ok, but I want to run this with a SL that is based on previous high which makes the SL value different for each order. When there are more than one order open at the same time it seems that PRT cannot separate them. Does anyone know how to solve this issue?  You can see more info at the bottom of the PRT code.

  Thanks

  Robert

  Defparam cumulateorders = TRUE L=1//Loss in Currency CST=1.5//CANDLE SIZE ENGULFING CANDLE EMABAR=1 C1 = ExponentialAverage[5](close)//BLUE C2 = ExponentialAverage[25](close)//GREEN C3 = ExponentialAverage[50](close)//BLACK C4 = ExponentialAverage[100](close)//RED TREND1=CLOSE[1]-OPEN[1]//TREND PREVIOUS CANDLE TREND0=CLOSE-OPEN//TREND CURRENT CANDLE CANDLE1=CLOSE[1]-OPEN[1]//SIZE PREVIOUS CANDLE CANDLE0=OPEN-CLOSE//SIZE CURRENT CANDlE IF C1[EMABAR]<C4[EMABAR] AND C2[EMABAR]<C3[EMABAR] AND C3[EMABAR]<C4[EMABAR] AND C1[EMABAR]>C2[EMABAR] AND TREND1>0 AND TREND0<0 AND CANDLE0>=CANDLE1*CST THEN STOPLOSS=(HIGH[1]-CLOSE)*100//100=POINTSIZE??? TAKEPROFIT=STOPLOSS N=L/STOPLOSS SELLSHORT N SHARES at MARKET Set target pprofit TAKEPROFIT SET STOP pLOSS STOPLOSS ENDIF

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  Defparam cumulateorders = TRUE L=1//Loss in Currency CST=1.5//CANDLE SIZE ENGULFING CANDLE EMABAR=1 C1 = ExponentialAverage[5](close)//BLUE C2 = ExponentialAverage[25](close)//GREEN C3 = ExponentialAverage[50](close)//BLACK C4 = ExponentialAverage[100](close)//RED TREND1=CLOSE[1]-OPEN[1]//TREND PREVIOUS CANDLE TREND0=CLOSE-OPEN//TREND CURRENT CANDLE CANDLE1=CLOSE[1]-OPEN[1]//SIZE PREVIOUS CANDLE CANDLE0=OPEN-CLOSE//SIZE CURRENT CANDlE   IF C1[EMABAR]<C4[EMABAR] AND C2[EMABAR]<C3[EMABAR] AND C3[EMABAR]<C4[EMABAR] AND C1[EMABAR]>C2[EMABAR] AND TREND1>0 AND TREND0<0 AND CANDLE0>=CANDLE1*CST THEN STOPLOSS=(HIGH[1]-CLOSE)*100//100=POINTSIZE??? TAKEPROFIT=STOPLOSS N=L/STOPLOSS SELLSHORT N SHARES at MARKET Set target pprofit TAKEPROFIT SET STOP pLOSS STOPLOSS ENDIF

   

  HERE IS THE ISSUE. TIME FRAME 15 JAN 2018 through 28 jan 2018
  SECOND TRADE, HIGH[1] is 09:00 18 JAN 2018
  HIGH[1] 111.357 – CLOSE 110.937 = 0.420
  TRADEPRICE 110.938
  TP = 110.518
  ____HERE COMES THE PROBLEM____
  TP WILL BE REPLACED BY THE TIHIRD TRADE´s SL&TP
  HOW TO GO AROUND THIS ISSUE?
  CLOSE WILL REPLACE CLOSE EVERY NEW CANDLE SAME GOES FOR HIGH[1]. //THIS IS DUE TO A DYNAMIC SL&TP VALUE SET BY PREVIOUS HIGH[1] MINUS CURRENT CLOSE
  THANKFUL FOR HELP

   

  

  PastaPesto

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  11/26/2018 at 2:05 PM #85735
  Vonasi

  Please use the ‘Insert PRT Code’ button when putting code in your posts. I have tidied up your post as best as I can but getting rid of all the ‘shouty’ capitals was a job too far! 🙂

  Any time that you change a SET STOP or SET TARGET value it will change the distance/value for all open positions. You can sell individual amounts at individual levels by using STOP and LIMIT orders placed at every bar closure. You should however be aware that partial closure may work in back testing and manual trading but is not possible in ProOrder trading in either demo or live at the moment.

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  PastaPesto

  

  Vonasi

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  11/26/2018 at 3:07 PM #85744
  PastaPesto

  Hello Vonasi,

  Thank you for your reply. I tried to upload via the PRT code button, but I obviously failed 🙂 Thanks for your help, cleaning it up!

  Now I understand the problem better and it seems that its not possible to solve the way I want it to work. I will try to use fixed SL and TP instead.

  BR

  Robert

  

  PastaPesto

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