How to code 1 trade per system at a time, multiple independent systems

Crocogotter · 2021-05-16T21:13:05+00:00

At the moment I use “IF NOT LongOnMarket” to ensure only one trade per set-up, but I’d like to operate numerous systems on the same market, and would like them all to be able to execute trades independently of each other. The set-ups would only ever be in the same direction. What is the best way to go about coding to achieve this please? Many thanks in advance.

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05/16/2021 at 10:13 PM #169846 quote

Crocogotter
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At the moment I use “IF NOT LongOnMarket” to ensure only one trade per set-up, but I’d like to operate numerous systems on the same market, and would like them all to be able to execute trades independently of each other. The set-ups would only ever be in the same direction.

What is the best way to go about coding to achieve this please? Many thanks in advance.

05/16/2021 at 10:21 PM #169847 quote

GraHal
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Master

Each System / Algo operates independent of each other.

So when coding in Algo A you have no need to worry / think about how Algo A affects Algo B or Algo C.

Hope that helps?

05/16/2021 at 10:26 PM #169849 quote

Crocogotter
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So if System 1 has a trade running, this won’t be detected by the “IF NOT LongOnMarket” bit of code/algo for System 2, and System 2 would still execute a trade?

Btw, many thanks for the speedy reply.

05/17/2021 at 9:03 AM #169875 quote

GraHal
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Correct … System 2 would still execute a trade?

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05/17/2021 at 11:44 AM #169886 quote

Crocogotter
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OK, great, I’ll give it a try, I kinda assumed (and you know what they say about assume) that if a trade was running on a market the “NOT LongOnMarket” would prevent another trade, even from a different system, from executing. Many thanks.

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How to code 1 trade per system at a time, multiple independent systems

ProOrder: Automated Strategies & Backtesting

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This topic contains 4 replies,
has 2 voices, and was last updated by Crocogotter
5 years, 4 months ago.

Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	05/16/2021
Status:	Active
Attachments:	No files