Help Double SL and Target with reversal exit

This topic has 7 replies, 3 voices, and was last updated 3 years ago by JC_Bywan.

Viewing 8 posts - 1 through 8 (of 8 total)

01/06/2021 at 8:19 PM #156664

Tanou

Hello everyone 🙂 ,

I come to you because I am lost and I spend almost the entire day trying to sort out this problem.

The problem comes from the tp/sl and reversal of the strategy.

I’d like that if the condition “l1” is ok that it buys at market with a sl that is this condition:

If xHigh crosses under (OpenPrice-x) then

1	If xHigh crosses under (OpenPrice-x) then

and that it gets a 10 tp. BUT then I’d like that if the results of this trade is negative that it immediatly opens a trade in the other way with the SL condition:

If xLow crosses over(OpenPrice+x) then

1	If xLow crosses over(OpenPrice+x) then

and a TP of the amount of the losses of the previous trade.

If someone could help me it would be amazing…!

Thanks! 😀

Just to help you, here is the base of the code.. 😉

DEFPARAM CumulateOrders = false
DEFPARAM Preloadbars = 50000

//HORAIRES DE TRADING
Ctime = time >= 153000 and time < 220000
//--------------------------------------

//Nouveau OpenPrice et OpenDay a 15:30
IF OPENTIME = (153000) then
OpenPrice = Open
OpenD = OpenDay
ENDIF
//------------------------------------

//Représentation graphique Heikin-Ashi
once xOpen = open
Price = (open + close + low + high)/4
if barindex > 0 then
xOpen  = (xOpen + Price[1]) / 2
endif
xLow     = min(low,min(Price,xOpen))
xHigh    = max(high,max(Price,xOpen))
GreenHA    = Price > xOpen
RedHA      = Price < xOpen
//------------------------------------


x=20 //Taille de la zone autour de l'ouverture pour activation/Désactivation

//Remise à 0 des variables
If OpenD<>OpenD[1] then
l = 0
s = 0
Endif

// STRATEGIE ---------------------------------------------------------------------------------

// Conditions Short
If s=0 and l=0and ctime then
If xHigh=xOpen and xHigh<(OpenPrice-x) then
s1 = 1
Else
s1 = 0
Endif
Endif


//Conditions Long
If l=0 and s=0 and ctime then
If xLow=xOpen and xLow>(OpenPrice+x) then
l1 = 1
Else
l1=0
Endif
Endif

//-------------------------------------------------------------------------------------------

//POSITION LONGUE
IF l1 THEN
Buy 1 contract at market
l1 = 0
l = 1
a = 1
ENDIF


IF LONGONMARKET THEN
SET TARGET PROFIT (10)
If xHigh crosses under (OpenPrice-x) then
Sell at market
s1 = 1
endif
ENDIF

If SHORTONMARKET and s1 then
Sellshort 1 contract at market
s1=0
Endif

//POSITION LONGUE
//IF l1 THEN
//Buy 1 contract at market
//l1 = 0
//l = 1
//posl1 = tradeindex
//ENDIF
//
//if Posl1>0 then
//Set target pprofit 10
//If xHigh crosses under (OpenPrice-x) then
//sell at market
//posl1 = 0
//If positionperf(1)>0 then
//graph positionperf(1)
//Sellshort 1 contract at market
//Posl2 = tradeindex
//endif
//Endif
//Endif
//
//If posl2>0 then
//Exitshort at (OpenPrice+x) stop
//Set target pprofit 30
//Posl2 = 0
//Endif

////POSITION COURTE
//IF s1 THEN
//Sellshort 1 contract at market
//s1 = 0
//s = 1
//poss1 = 1
//ENDIF
//
//
//
//
//if poss1>0 then
//Set target pprofit 10
//If xLow crosses over (OpenPrice+x) then
//Exitshort at market
//poss1 = 0
//If positionperf(1)>0 then
//Buy 1 contract at market
//poss2 = tradeindex
//Endif
//Endif
//Endif
//
//If poss2>0 then
//sell at (OpenPrice-x) stop
//Set target pprofit 20
//poss2 = 0
//endif
//

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DEFPARAM CumulateOrders = false

DEFPARAM Preloadbars = 50000

//HORAIRES DE TRADING

Ctime = time >= 153000 and time < 220000

//--------------------------------------

//Nouveau OpenPrice et OpenDay a 15:30

IF OPENTIME = (153000) then

OpenPrice = Open

OpenD = OpenDay

ENDIF

//------------------------------------

//Représentation graphique Heikin-Ashi

once xOpen = open

Price = (open + close + low + high)/4

if barindex > 0 then

xOpen = (xOpen + Price[1]) / 2

endif

xLow = min(low,min(Price,xOpen))

xHigh = max(high,max(Price,xOpen))

GreenHA = Price > xOpen

RedHA = Price < xOpen

//------------------------------------

x=20 //Taille de la zone autour de l'ouverture pour activation/Désactivation

//Remise à 0 des variables

If OpenD<>OpenD[1] then

l = 0

s = 0

Endif

// STRATEGIE ---------------------------------------------------------------------------------

// Conditions Short

If s=0 and l=0and ctime then

If xHigh=xOpen and xHigh<(OpenPrice-x) then

s1 = 1

Else

s1 = 0

Endif

//Conditions Long

If l=0 and s=0 and ctime then

If xLow=xOpen and xLow>(OpenPrice+x) then

l1 = 1

Else

l1=0

Endif

//-------------------------------------------------------------------------------------------

//POSITION LONGUE

IF l1 THEN

Buy 1 contract at market

l1 = 0

l = 1

a = 1

ENDIF

IF LONGONMARKET THEN

SET TARGET PROFIT (10)

If xHigh crosses under (OpenPrice-x) then

Sell at market

s1 = 1

endif

ENDIF

If SHORTONMARKET and s1 then

Sellshort 1 contract at market

s1=0

Endif

//POSITION LONGUE

//IF l1 THEN

//Buy 1 contract at market

//l1 = 0

//l = 1

//posl1 = tradeindex

//ENDIF

//if Posl1>0 then

//Set target pprofit 10

//If xHigh crosses under (OpenPrice-x) then

//sell at market

//posl1 = 0

//If positionperf(1)>0 then

//graph positionperf(1)

//Sellshort 1 contract at market

//Posl2 = tradeindex

//endif

//Endif

//If posl2>0 then

//Exitshort at (OpenPrice+x) stop

//Set target pprofit 30

//Posl2 = 0

//Endif

////POSITION COURTE

//IF s1 THEN

//Sellshort 1 contract at market

//s1 = 0

//s = 1

//poss1 = 1

//ENDIF

//if poss1>0 then

//Set target pprofit 10

//If xLow crosses over (OpenPrice+x) then

//Exitshort at market

//poss1 = 0

//If positionperf(1)>0 then

//Buy 1 contract at market

//poss2 = tradeindex

//Endif

//If poss2>0 then

//sell at (OpenPrice-x) stop

//Set target pprofit 20

//poss2 = 0

//endif

Tanou

Participant

Topics: 18

Replies: 153

Been thanked: 29 times

01/06/2021 at 9:08 PM #156670

Tanou

I turned it in all the way that I can but I still have some problems :'(

Tanou

Participant

Topics: 18

Replies: 153

Been thanked: 29 times

01/06/2021 at 9:50 PM #156671

Tanou

@Robertogozzi, @Nicolas , If you come by do not hesitate if you find something… I would be very grateful…

Tanou

Participant

Topics: 18

Replies: 153

Been thanked: 29 times

01/07/2021 at 8:16 AM #156689

Nicolas

How and when do you check that the order is turning negative please?

Nicolas

Keymaster

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Replies: 20830

Been thanked: 4744 times

01/07/2021 at 8:54 AM #156699

Tanou

Hello Nicolas, Happy new year andvery glad to see you here 😀 ,

Maybe I should told it differently:

I’d like the system to take long or short with this condition:

// Conditions Short
If xHigh=xOpen and xHigh<(OpenPrice-x) then
 
//Conditions Long
If xLow=xOpen and xLow>(OpenPrice+x) then

// Conditions Short

If xHigh=xOpen and xHigh<(OpenPrice-x) then

//Conditions Long

If xLow=xOpen and xLow>(OpenPrice+x) then

This order would have a Take Profit of 10 and the Stop Loss would be :

//In the case of a Long
If xHigh crosses under (OpenPrice-x) then

//In the case of a Short
If xLow crosses over (OpenPrice+x) then

//In the case of a Long

If xHigh crosses under (OpenPrice-x) then

//In the case of a Short

If xLow crosses over (OpenPrice+x) then

Then if the results of this first closed trade is negative that it immediatly opens a trade in the opposite direction (short if it was long / long if it was short) with the (same) SL condition:

The idea of this code is to get a ruban of 20 points above and under the opening of the US market at 15:30 to 22:00. When a full heikin ashi with a “flat ass” exits of the band it should buy or sell (depend if it exits by the top or the bottom). If the trade get 10 points it closed the position and waits for the next day. However, if it had a losses (by exiting the band in the other side) it should immediatly take another trade in the opposite direction of the first one with a take profit equals to the loss of the previous trade.

With this program I should have only one trade (if it is positive) or two trades (if the first one is a loss ) a day

Hope it make more sense…

Thanks so much!

Tanou

Participant

Topics: 18

Replies: 153

Been thanked: 29 times

01/07/2021 at 5:19 PM #156790

Tanou

@Nicolas, have you any ideas? :/

Tanou

Participant

Topics: 18

Replies: 153

Been thanked: 29 times

01/08/2021 at 9:08 AM #156858

Nicolas

Well, so based on these conditions, open the new orders:

//In the case of a Long
If xHigh crosses under (OpenPrice-x) then
 sellshort at market 
endif 
//In the case of a Short
If xLow crosses over (OpenPrice+x) then  
 buy at market 
endif

//In the case of a Long

If xHigh crosses under (OpenPrice-x) then

sellshort at market

endif

//In the case of a Short

If xLow crosses over (OpenPrice+x) then

buy at market

endif

Nicolas

Keymaster

Topics: 81

Replies: 20830

Been thanked: 4744 times

01/18/2021 at 2:55 PM #158291

JC_Bywan

Topic moved from french forum to english forum as you chose English language in the starting post. Please read posting rules in big yellow box at bottom of the page, thank you.

JC_Bywan

Moderator

Topics: 20

Replies: 2560

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