Exit position once a condition happens twice

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03/31/2020 at 3:44 PM #124100 quote

eckaw
Participant

Veteran

Hi all,

Is it possible to code an exit code that would exit a position once a certain condition is met the second time around?

The exit condition I’m trying to achieve is when CDC ATR Trailing Stop v2.1 indicator turns red the second time around (on long positions) and turns green the second time around (on short positions). So it would not exit the position the first time the CDC ATR Trailing Stop v2.1 changes color.

How would one go about coding this? Please see attached screenshot.

Thanks in advance.

Screenshot-2020-03-31-at-15.30.31.png

03/31/2020 at 4:00 PM #124103 quote
Vonasi
Moderator

Master
Simply set a flag.
```
if your entry conditions then 
buy 1 contract at market
flag = 0 
endif

if longonmarket and (my exit condition happens) then
flag = flag + 1
endif

if longonmarket and flag = 2 then
sell at market
flag = 0
endif
```
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03/31/2020 at 6:15 PM #124141 quote

GraHal
Participant

Master

Above added as Log 204 here …

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Exit position once a condition happens twice

ProOrder: Automated Strategies & Backtesting

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eckaw @eckaw Participant

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This topic contains 2 replies,
has 3 voices, and was last updated by GraHal
5 years, 11 months ago.

Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	03/31/2020
Status:	Active
Attachments:	1 files

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