Help with code for only one trade at a time

• 10/13/2016 at 4:08 PM #14861
  peterduk

  Hi, Is it possible to input a line of code so that a new trade does not execute if there is already a trade open on the instrument? I am finding in testing on shorter timeframe charts such as 1 minute or 2 minute if stops are set quite wide, trades are not lasting their full course due to new trades executing.  Any help would be appreciated. Many thanks.

  

  peterduk

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  10/13/2016 at 5:10 PM #14863
  Stef

  defparam cumulateorders=false

  1	defparam cumulateorders=false

  or you can test if you have an open position with one of these

  if not onmarket and <rest of your conditions> or... if not shortonmarket and <rest of your conditions> or... if not longonmarket and <rest of your conditions>

  1 2 3 4 5

  if not onmarket and <rest of your conditions> or... if not shortonmarket and <rest of your conditions> or... if not longonmarket and <rest of your conditions>

   

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  Bel, Nicolas

  

  Stef

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  10/14/2016 at 9:13 AM #14889
  peterduk

  Thanks Stef, that’s a great help.

  

  peterduk

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