help to code a position automation

MG22 · 2024-07-30T09:56:51+00:00

Hello, I am looking to automate a daily position taking but I have no coding knowledge. The parameters looked like this: Calculate the price variation in % between yesterday’s 09:05 closing and today’s 9:00 opening. —> If the variation is greater than 0.5% then take a buy on the market instantly with 1% of the capital (100 pts of SL / 100 pts of TP) —> If the variation is less than -0.5% then take a short on the market instantly with 1% of the capital (100 pts of SL / 100 pts of TP) I would need the position taking to be done as soon as the 9:00 candle appears, as close as possible to the open to fit with my manual backtests. Example: Close at 9:05 on 07/25th is at 39856 Open at 9:00 on 07/26th is at 40082 = a variation of +0.56%, the bot must long instantly in this case because we are above the 0.5% variation requested to enter a position. Thank you in advance for your valuable help.

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07/30/2024 at 10:56 AM #235926 quote
MG22
Participant

New
Hello, I am looking to automate a daily position taking but I have no coding knowledge.

The parameters looked like this:
- Calculate the price variation in % between yesterday’s 09:05 closing and today’s 9:00 opening.
—> If the variation is greater than 0.5% then take a buy on the market instantly with 1% of the capital (100 pts of SL / 100 pts of TP)

—> If the variation is less than -0.5% then take a short on the market instantly with 1% of the capital (100 pts of SL / 100 pts of TP)

I would need the position taking to be done as soon as the 9:00 candle appears, as close as possible to the open to fit with my manual backtests.

Example:

Close at 9:05 on 07/25th is at 39856

Open at 9:00 on 07/26th is at 40082

= a variation of +0.56%, the bot must long instantly in this case because we are above the 0.5% variation requested to enter a position.

Thank you in advance for your valuable help.
07/30/2024 at 6:30 PM #235946 quote
robertogozzi
Moderator

Legend
There you go:
```
ONCE myCapital = 10000
ONCE Open0900  = open
ONCE Close0905 = Open0900
ONCE PClimit   = 0.5

IF OpenTime = 090000 THEN
   Open0900 = open
ENDIF

myVar   = Close0905 - Open0900
varPC   = 100 - (Open0900 * 100 / Close0905)

Money   = 100 * PipValue
Equity  = myCapital + StrategyProfit
temp    = Money * 100 / Equity
LotSize = 1 / temp

IF (varPC > PClimit) AND Not LongOnMarket THEN
   BUY LotSize CONTRACTS AT MARKET
ELSIF (varPC < -PClimit) AND Not ShortOnMarket THEN
   SELLSHORT LotSize CONTRACTS AT MARKET
ENDIF
SET STOP   pLOSS   100
SET TARGET pPROFIT 100

IF Time = 090500 THEN
   Close0905 = close
ENDIF

// --- debugging code
//graphonprice Open0900  coloured("Blue")
//graphonprice Close0905 coloured("Fuchsia")
//graph myVar
//graph varPC
//graph LotSize
//graph temp
```
Iván González thanked this post
07/31/2024 at 9:24 PM #235989 quote

MG22
Participant

New

Thx to ur help dear Roberto, but don’t sure the code work because on ProBacktest not give me datas.

Hope u can help me to understand why. Best regards

photo-of-screen.jpg

08/01/2024 at 9:11 AM #236000 quote

robertogozzi
Moderator

Legend

Check that your timeframe is <= 5 minutes, as the candle involved must close on the minute (in your case 00 ans 05) used in the code.

08/01/2024 at 4:34 PM #236029 quote

MG22
Participant

New

hi Roberto, i’ve test with 1 minutes timeframe and others and have same thing like above (no datas on many years of graphic) . That work on your prorealtime ?

08/01/2024 at 5:06 PM #236033 quote
robertogozzi
Moderator

Legend
It depends on the variable LotSize, I changed it so that it cannot fall below 0.5 lots (if it still doesn’t work try 1, instead of 0.5):
```
LotSize = max(0.5,1 / temp)
```
08/13/2024 at 3:17 PM #236370 quote

MG22
Participant

New

Thanks Roberto but I’m sorry I tried everything with my meager knowledge and nothing works. I haven’t data with the code :s

08/13/2024 at 3:59 PM #236371 quote
robertogozzi
Moderator

Legend
With this line 16, it works on all assets/instruments (using both 1-minute and 5-minute TFs):
```
LotSize = max(1,1 / temp)
```
08/19/2024 at 8:42 AM #236496 quote

MG22
Participant

New

Hi Roberto, i’ve send u an email on your personal website, have u receive it ?

08/19/2024 at 8:58 AM #236497 quote

robertogozzi
Moderator

Legend

Yes, it works like a charm.
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