I made a pretty basic auto trading algo that trades off both 200DEMA and supertrend. It looks something like this
// Definition of code parameters
DEFPARAM CumulateOrders = False // Cumulating positions deactivated
// Prevents the system from creating new orders to enter the market or increase position size before the specified time
noEntryBeforeTime = 100000
timeEnterBefore = time >= noEntryBeforeTime
// Prevents the system from placing new orders to enter the market or increase position size after the specified time
noEntryAfterTime = 163000
timeEnterAfter = time < noEntryAfterTime
// Prevents the system from placing new orders on specified days of the week
daysForbiddenEntry = OpenDayOfWeek = 6 OR OpenDayOfWeek = 0
// Conditions to enter long positions
indicator1 = DEMA[200](close)
c1 = (close > indicator1)
indicator2 = SuperTrend[3,12]
c2 = (close > indicator2)
IF (c1 AND c2) AND timeEnterBefore AND timeEnterAfter AND not daysForbiddenEntry THEN
BUY 250 CONTRACT AT MARKET
ENDIF
// Conditions to exit long positions
indicator3 = SuperTrend[3,12]
c3 = (indicator3 >= close)
IF c3 THEN
SELL AT MARKET
ENDIF
// Conditions to enter short positions
indicator4 = DEMA[200](close)
c4 = (close <= indicator4)
indicator5 = SuperTrend[3,12]
c5 = (close <= indicator5)
IF (c4 AND c5) AND timeEnterBefore AND timeEnterAfter AND not daysForbiddenEntry THEN
SELLSHORT 250 CONTRACT AT MARKET
ENDIF
// Conditions to exit short positions
indicator6 = SuperTrend[3,12]
c6 = (close >= indicator6)
IF c6 THEN
EXITSHORT AT MARKET
ENDIF
// Stops and targets
SET STOP %LOSS 2
SET TARGET %PROFIT 6
It ran well in backtesting so I thought i’d enter a position with it today and test it out. Unfortunately it doesn’t follow my code???
https://ibb.co/mX5wrhv
As you can see from the picture I uploaded, it entered a short position at 215, which doesn’t make sense as the price wasn’t under the 200DEMA line which I specified it should. Why is this? I am really confused
I set up chart for NVIDIA on 15M TF (spreadbet) and price has been below DEMA since about 15:15 today … see attached at red arrowhead?
What time did your Algo take the trade?
From the attached pic I can’t see the time and date of entry, and the values of the price and indicators, so I can’t replicate exactly.
Moreover “It looks something like this“, isn’t accurate. To compare results the code must be absolutely IDENTICAL to the one you used.
My backtests are all good, though.
I suggest that you add these lines to your code, maybe this will help detect something wrong (though they only work in backtests):
graph (c1 AND c2) AND timeEnterBefore AND timeEnterAfter AND not daysForbiddenEntry AS "Long"
graph (c4 AND c5) AND timeEnterBefore AND timeEnterAfter AND not daysForbiddenEntry AS "Short"
Hey, thanks for the reply.
The trade happened at 10:45am US time, which would be 3:45pm UK Time. For some reason my DEMA line is glitched? Its completely different to yours.
https://ibb.co/cJ3PtNs
From this image here, it shows my DEMA line only crossed above price at 11:45am US time, which is 4:45pm UK time. This is consistent with my graph on tradingview. How come yours is different?
My code is exact, the same one I ran the backtest with I ran the automated trading program with. I’m just confused as to why it’s not following my instructions
For some reason my DEMA line is glitched? Its completely different to yours.
Try it on Spreadbet as you are showing NVIDIA on CFD?
It shouldn’t make any difference, except the figures shown for Price (multiplied by 100 on SB)
