how to code to calculate an average of two inputs

• 06/08/2022 at 9:59 PM #194948
  josef1604

  hello, I ask you for help please

  How can the bot recalculate the profit when I do two inputs at differentt price?

   

  that is, after putting a second entry, how can I code so that the bot can calculate the average of both entries leaving the initial stoploss of the first entry and have a positive exit?

   

   

  

  josef1604

  Participant

  Topics: 1

  Replies: 50

  Been thanked: 2 times
  06/09/2022 at 7:48 AM #194952
  Nicolas

  The average price of orders open price is POSITIONPRICE

  So for 2 buy orders, the profit is positive above POSITIONPRICE.

  1 user thanked author for this post.

  josef1604

  

  Nicolas

  Keymaster

  Topics: 83

  Replies: 20906

  Been thanked: 4871 times
  06/09/2022 at 7:53 AM #194954
  josef1604

  I explain myself better. The code makes an entry (it is executing a stoploss) if it is placed in the opposite direction to the entry, how can I make it make a second entry and do the average between the first and the second and the operation comes out positive? that without modifying the initial stoploss

  

  josef1604

  Participant

  Topics: 1

  Replies: 50

  Been thanked: 2 times
  06/09/2022 at 9:04 AM #194958
  Nicolas

  Sorry I dont get it 🙂

  1. Do you want to cover your floating loss with an opposite order?
  2. The second order is of the same type of the first one?
  3. When the second order is opened, the first one is still at market or triggered its stoploss already?

  1 user thanked author for this post.

  josef1604

  

  Nicolas

  Keymaster

  Topics: 83

  Replies: 20906

  Been thanked: 4871 times
  06/09/2022 at 10:55 AM #194969
  josef1604

  1. Do you want to cover your floating loss with an opposite order? NO

  2. Is the second order of the same type as the first? YES

  3. When the second order is opened, is the first one still in the market or has it already triggered its stoploss? Stay in the market and follow the stop of the initially open position

  I give an example: I buy at 12100 (stop at 12090) and it falls to 12000, increase the position bot (buy again and the stop remains at 12090). Once you have opened the second position take an average of both positions and recalculate a positive exit again.

  

  josef1604

  Participant

  Topics: 1

  Replies: 50

  Been thanked: 2 times
  06/10/2022 at 8:40 AM #195011
  Nicolas

  Ok here is a dummy strategy that simulate that behavior (averaging down the first order only 1 time, and exit if the profit is positive)

  defparam cumulateorders=true defparam preloadbars=0 buyc = rsi[14]crosses over 50 //first order if not longonmarket and buyc then buy 1 contract at market set stop ploss 100 endif //averaging down the first order at 20 points in loss if longonmarket and tradeprice-close>=20 and countofposition<2 then buy 1 contract at market endif //put the exit in positive area if longonmarket and countofposition=2 then set target price positionprice+1 endif

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20

  defparam cumulateorders=true defparam preloadbars=0   buyc = rsi[14]crosses over 50   //first order if not longonmarket and buyc then buy 1 contract at market set stop ploss 100 endif   //averaging down the first order at 20 points in loss if longonmarket and tradeprice-close>=20 and countofposition<2 then buy 1 contract at market endif   //put the exit in positive area if longonmarket and countofposition=2 then set target price positionprice+1 endif

   

  1 user thanked author for this post.

  josef1604

  

  Nicolas

  Keymaster

  Topics: 83

  Replies: 20906

  Been thanked: 4871 times
• Author
  Posts