Grid orders with one combined stop loss and limit, can it be done?
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So another day of real time testing, as I mentioned in my post yeterday the BB exit is working great so far but the regular SL at 1 % does not seem to be working. The Nikkei trade I opened on Monday and wrote about was not closed at -2% neitherr was a GBPJPY trade which i took today setting the SL at -1 %, the floating loss reached about -2.3 % before I stopped the system manually. Please have a look guys to see what might be the problem…
@Brage & Simon, sure thing guys there is so much code around it is starting to get tricky to keep track of all of them. These are the ones I have been testing live this week note that I change the parameters depending on which system I run it on;Long;
//------------------------------------------------------------------------- // Main code : LONG GRID BB Exit //------------------------------------------------------------------------- defparam preloadbars = 100 once RRreached = 0 //parameters accountbalance = 10000 //account balance in money at strategy start riskpercent = 2 //whole account risk in percent% gridstep = 10 //grid step in point amount = 1 //lot amount to open each trade rr = 2 //risk reward ratio (set to 0 disable this function) //first trade whatever condition if NOT ONMARKET AND close>close[1] AND STRATEGYPROFIT=0 then BUY amount LOT AT MARKET endif // case BUY - add orders on the same trend if longonmarket and close-tradeprice(1)>=gridstep*pipsize then BUY amount LOT AT MARKET endif //money management liveaccountbalance = accountbalance+strategyprofit moneyrisk = (liveaccountbalance*(riskpercent/100)) if onmarket then onepointvaluebasket = pointvalue*countofposition mindistancetoclose =(moneyrisk/onepointvaluebasket)*pipsize endif //floating profit floatingprofit = ((close-positionprice)*pointvalue)*countofposition MAfloatingprofit = average[20](floatingprofit) BBfloatingprofit = MAfloatingprofit - std[20](MAfloatingprofit)*2 //floating profit risk reward check if rr>0 and floatingprofit>moneyrisk*rr then RRreached=1 endif //stoploss trigger when risk reward ratio is not met already if onmarket and RRreached=0 then SELL AT positionprice-mindistancetoclose STOP endif //stoploss trigger when risk reward ratio has been reached if onmarket and RRreached=1 then if floatingprofit crosses under BBfloatingprofit then SELL AT MARKET endif endif //resetting the risk reward reached variable if not onmarket then RRreached = 0 endifShort;
//------------------------------------------------------------------------- // Main code : Grid Short BB Exit //------------------------------------------------------------------------- defparam preloadbars = 100 once RRreached = 0 //parameters accountbalance = 10000 //account balance in money at strategy start riskpercent = 2 //whole account risk in percent% gridstep = 10 //grid step in point amount = 1 //lot amount to open each trade rr = 2 //risk reward ratio (set to 0 disable this function) //first trade whatever condition if NOT ONMARKET AND close<close[1] AND STRATEGYPROFIT=0 then SELLSHORT amount LOT AT MARKET endif // case SELL - add orders on the same trend if shortonmarket and tradeprice(1)-close>=gridstep*pipsize then SELLSHORT amount LOT AT MARKET endif //money management liveaccountbalance = accountbalance+strategyprofit moneyrisk = (liveaccountbalance*(riskpercent/100)) if onmarket then onepointvaluebasket = pointvalue*countofposition mindistancetoclose =(moneyrisk/onepointvaluebasket)*pipsize endif //floating profit floatingprofit = ((close-positionprice)*pointvalue)*countofposition MAfloatingprofit = average[20](floatingprofit) BBfloatingprofit = MAfloatingprofit - std[20](MAfloatingprofit)*2 //floating profit risk reward check if rr>0 and floatingprofit>moneyrisk*rr then RRreached=1 endif //stoploss trigger when risk reward ratio is not met already if onmarket and RRreached=0 then EXITSHORT AT positionprice-mindistancetoclose STOP endif //stoploss trigger when risj reward ratio has been reached if onmarket and RRreached=1 then if floatingprofit crosses under BBfloatingprofit then EXITSHORT AT MARKET endif endif //resetting the risk reward reached variable if not onmarket then RRreached = 0 endifBrage thanked this postGood morning traders, I still have issues with JPY pairs in real time testing since the SL kick in way too early, do anyone have an idea what might be the issue?
//------------------------------------------------------------------------- // Main code : LONG GRID BB Exit //------------------------------------------------------------------------- defparam preloadbars = 100 once RRreached = 0 //parameters accountbalance = 10000 //account balance in money at strategy start riskpercent = 1 //whole account risk in percent% gridstep = 15 //grid step in point amount = 1 //lot amount to open each trade rr = 3 //risk reward ratio (set to 0 disable this function) //first trade whatever condition if NOT ONMARKET AND close>close[1] AND STRATEGYPROFIT=0 then BUY amount LOT AT MARKET endif // case BUY - add orders on the same trend if longonmarket and close-tradeprice(1)>=gridstep*pipsize then BUY amount LOT AT MARKET endif //money management liveaccountbalance = accountbalance+strategyprofit moneyrisk = (liveaccountbalance*(riskpercent/100)) if onmarket then onepointvaluebasket = pointvalue*countofposition mindistancetoclose =(moneyrisk/onepointvaluebasket)*pipsize endif //floating profit floatingprofit = (((close-positionprice)*pointvalue)*countofposition)/pipsize //actual trade gains MAfloatingprofit = average[20](floatingprofit) BBfloatingprofit = MAfloatingprofit - std[20](MAfloatingprofit)*2 //floating profit risk reward check if rr>0 and floatingprofit>moneyrisk*rr then RRreached=1 endif //stoploss trigger when risk reward ratio is not met already if onmarket and RRreached=0 then SELL AT positionprice-mindistancetoclose STOP endif //stoploss trigger when risk reward ratio has been reached if onmarket and RRreached=1 then if floatingprofit crosses under BBfloatingprofit then SELL AT MARKET endif endif //resetting the risk reward reached variable if not onmarket then RRreached = 0 endifI updated the code yesterday as you adviced but I still have problems to make the SL work, today I tried it on GBPAUD set to kick in at -1 % but it didn’t trigger. I have been paying attention to update the corrections and changes of the code, I may have missed something but I can’t figure out what. This is the section that I changed;
//floating profit floatingprofit = (((close-positionprice)*pointvalue)*countofposition)/pipsize //actual trade gains MAfloatingprofit = average[20](floatingprofit) BBfloatingprofit = MAfloatingprofit - std[20](MAfloatingprofit)*2 //floating profit risk reward check if rr>0 and floatingprofit>moneyrisk*rr then RRreached=1 endifRegarding the floating profit issue calculation with the Yen I would not mind having several sets of systems adapted for different assets if it is easier to fix than one system which works for all, such as one for indices, another for FX pairs with one digit and five decimals, a third one for Yen pairs and other crosses with more than one digit and so on.
Is anyone else testing in real market conditions and having the same problem?
Today I will start testing david-1984’s code too 🙂
I just checked and entered the same time and parameters as the GBPAUD trades from earlier today but in Probacktest the SL worked perfectly. I ran it on both 1 minute and 1 second, only differnce was that one more trade was entered on 1 seconed and the SL kicked in accordingly at about 33 pips below the average price of the three positions.
My Nikkei trade from Tuesday which did not stop out yesterday in real time worked fine in test now.
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Topic Details
| Forum: | ProOrder: Automated Strategies & Backtesting |
| Language: | English |
| Started: | 04/14/2016 |
| Status: | Active |
| Attachments: | 106 files |
