Hello ProRealCode community!

I’m still a bit new to coding and I need a bit of help with something. I have a mean reversion script here that essentially sells/buys the open if we’ve deviated a bit too much from the previous days 9pm candle open.

Going through the backtest results I’ve noticed that my target limit order was set at the wrong price level- instead of the target being yesterdays 9pm opening candle, it was todays 7am opening candle.

What I think might’ve happened is the “open” variables got a bit mixed up – I just don’t know how to fix this.

Any help you can give me with my code will be greatly appreciated. I’ve attached a screenshot with a little example of what went wrong.

defparam cumulateorders=false

// ---
amount = 3 //amount of lots/shares/contratcs for each order
stoploss = 30 //stoploss in points
previousDayTime = 210000 //open of the previous session's UK 21:00 candle
currentDayTime = 070000 //open of the UK 07:00 candle
// ---

if time=previousDayTime then
prev = open
endif

tcondition = time=currentDayTime

c1 = prev-open

if c1 > 0 then
c2=c1*1
endif

if c1 < 0 then
c2=c1*-1
endif

if tcondition and not onmarket and open<prev and c2=>stoploss then
buy amount contract at market
set target pprofit prev
set stop ploss stoploss
endif

if tcondition and not onmarket and open>prev and c2=>stoploss then
sellshort amount contract at market
set target pprofit prev
set stop ploss stoploss
endif

if LongOnMarket And time>210000 then
sell at market
endif

if ShortonMarket And time>210000 then
buy at market
endif

Thanks,

Aleks

1.png