Enter 1 trade per day, either long or short, as soon as “X” pips are reached

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  • 02/15/2022 at 4:00 PM #188301 quote
    davidevece
    Participant
    New

    HI

    I am using the simplified creation tool to build the automated trade. However there are a couple of things I am unable to modify as the options are limited, unless I modify the code.

    Therefore, I was wondering if someone can help me to implement and adjust my code adding two elements:

    • The first is having one trade per day
    • The second is entering only one trade either short or long, as soon as a specific number of pips is reached.

    Can someone give me a hand with it?

    Thanks in advance 🙂

    02/15/2022 at 4:32 PM #188303 quote
    robertogozzi
    Moderator
    Master

    As you did not mention fromn where thos pips are to be calculated, I will use a moving average.

    OTD (One Trade per Day) is used to trade only once per day.

    OTD = (Barindex - TradeIndex(1) > IntradayBarIndex)
Sma = average[20,0](close)
Gap = abs(close - Sma)
IF OTD AND Not OnMarket AND Gap >= 20*PipSize THEN
   IF close > Sma THEN
      BUY 1 Contract at Market
   ELSIF close < Sma THEN
      SELLSHORT 1 Contract at Market
   ENDIF
ENDIF
SET TARGET pPROFIT 600
SET STOP   pLOSS   200
//graph OTD
//graph Gap >= 20*PipSize coloured (255,0,0,255)
//graphonprice Sma
    02/15/2022 at 8:19 PM #188321 quote
    davidevece
    Participant
    New

    Many Thanks indeed Roberto,

    To further clarify my query do you think is possible to take this conversation elsewhere – Is there a private messaging area where I could write you ?

    Thanks

    02/16/2022 at 12:21 AM #188328 quote
    robertogozzi
    Moderator
    Master

    You should ask Nicolas at https://www.prorealcode.com/contact/.

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Enter 1 trade per day, either long or short, as soon as “X” pips are reached


ProOrder: Automated Strategies & Backtesting

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davidevece @davidevece Participant
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This topic contains 3 replies,
has 2 voices, and was last updated by robertogozzi
4 years ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 02/15/2022
Status: Active
Attachments: No files
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