How to count the Buy entry ?

ZeroCafeine · 2023-04-11T18:07:04+00:00

Hi All How to count the buy order will be realy executed and stop buying after 3 time : Defparam cumulateorders = True SMA10 = Average[10](close) SMA20 = Average[20](close) SMA100 = Average[100](close) C1 = SMA10 Crosses Over SMA20 AND SMA20 > SMA100 IF C1 THEN BUY 1 CONTRACTS AT MARKET Count = Count + 1 // Only if the Purchase is executed ENDIF or a line number for Snippet also will be ok Best Reguards, ZeroCafeine

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04/11/2023 at 7:07 PM #213131 quote
ZeroCafeine
Participant

Senior
Hi All

How to count the buy order will be realy executed and stop buying after 3 time :
```
Defparam cumulateorders = True
SMA10 = Average[10](close)
SMA20 = Average[20](close)
SMA100 = Average[100](close)

C1 = SMA10 Crosses Over SMA20 AND SMA20 > SMA100

IF C1 THEN
BUY 1 CONTRACTS AT MARKET
Count = Count + 1 // Only if the Purchase is executed
ENDIF
```
or a line number for Snippet also will be ok
Best Reguards,
ZeroCafeine

MAx-3.png
04/11/2023 at 7:16 PM #213137 quote
robertogozzi
Moderator

Legend
You have to use COUNT in your entry conditions, provided it is cleared when not on market:
```
Defparam cumulateorders = True
IF Not OnMarket THEN
   Count = 0
ENDIF
SMA10 = Average[10](close)
SMA20 = Average[20](close)
SMA100 = Average[100](close)
 
C1 = SMA10 Crosses Over SMA20 AND SMA20 > SMA100
 
IF C1 AND (Count < 3) THEN
   BUY 1 CONTRACTS AT MARKET
   Count = Count + 1 // Only if the Purchase is executed
ENDIF
```
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04/11/2023 at 7:40 PM #213142 quote

ZeroCafeine
Participant

Senior

tks you so much for your quick answer, So I have to think like, I’m or not in market, when I see your answer it’s seems like easy, but I don’t know to think like that, I hope soon 😉

04/11/2023 at 11:16 PM #213152 quote

ZeroCafeine
Participant

Senior

robertogozzi wrote:

You have to use COUNT in your entry conditions, provided it is cleared when not on market:

tks again for your answers, But Once again, I have phrased my question incorrectly :

– How to count in the case of Limit order ? you can see in the photo, The conditions for the purchase were met except for the price limit
– we can also met the same situation in the case of my Buy order is filled (so at this time we are OnMarket) But if my order is closed because of a stop loss so we will be in the case of Not OnMarket (So Count = 0) even we execute the Buy only one time

Capture-decran-2023-04-12-a-00.05.57.png

04/12/2023 at 8:46 AM #213158 quote
ZeroCafeine
Participant

Senior
I found this solution, maybe you have an other idea :
```
Defparam cumulateorders = True
if intradaybarindex=0 then // we reset Count every day
 Count = 0
endif

SMA10 = Average[10](close)
SMA20 = Average[20](close)
SMA100 = Average[100](close)
 
C1 = SMA10 Crosses Over SMA20 AND SMA20 > SMA100
 
IF C1 AND (Count <= 3) THEN
   BUY 1 CONTRACTS AT MARKET
ENDIF

IF OnMarket AND Not OnMarket[1] THEN
 Count = Count + 1 // Like thit we are sure to add 1 only if we are on market and the candle just before we are not on market
ENDIF
```
04/12/2023 at 9:03 AM #213160 quote
robertogozzi
Moderator

Legend
A better solution is to reset COUNT at the beginning of a new trading day:
```
IF IntraDayBarIndex = 0 THEN
   Count = 0
ENDIF
```
the issue with pending orders can be addressed with this code, which detects a new entry (to be tallied when there are more positions on market than there were the prior candle:
```
Defparam cumulateorders = True
IF IntraDayBarIndex = 0 AND Not OnMarket THEN
Count = 0
ENDIF
SMA10 = Average[10](close)
SMA20 = Average[20](close)
SMA100 = Average[100](close)

myPos = abs(CountOfPosition)
Count = Count + (myPos > myPos[1])
 
C1 = SMA10 Crosses Over SMA20 AND SMA20 > SMA100
 
IF C1 AND (Count < 3) THEN
BUY 1 CONTRACTS AT low - 10*PipSize LIMIT
ENDIF
set target pprofit 100
set stop   ploss   100
```
04/12/2023 at 9:12 AM #213161 quote
robertogozzi
Moderator

Legend
Actually, instead of checking positions, you might use:
```
Count = Count + LongTriggered
```
04/12/2023 at 9:38 AM #213163 quote

ZeroCafeine
Participant

Senior

My subconscious found the solution while I slept last night, but with your solution on top of it, I’m lost …. 😅

Actually I’m joking 😊, again thank you for your answer I totally understand your solution and I will try to understand it even better,

About line 15, wouldn’t it be better to use the Close than Low, also maybe the Close +2 pips in limit for exemple

With a buy at Low – 10 pips, do I risk not getting executed and the market going without me ?

04/12/2023 at 1:51 PM #213188 quote
ZeroCafeine
Participant

Senior
in the continuity of my code I realise that if I am in position and I take another position then my line 16 does not work so I had to add this :
```
IF OnMarket AND Not OnMarket[1] OR ABS(CountOfPosition) > ABS(CountOfPosition[1]) THEN
 Count = Count + 1ENDIF
```
It seems to work, I’ll come back at the end of the day to do more tests and compare with your solution @robertogozzi which seems much simpler than mine and I think it does the job
04/12/2023 at 2:21 PM #213190 quote

ZeroCafeine
Participant

Senior

That’s how it takes me more than 4 hours on Wednesday to have 15 minutes of concentration to understand what it is, I’m sick of this temporary office 🤣🤣🤣🤣

Wish me luck

IMG_20230412_151913.jpg

04/13/2023 at 11:21 PM #213259 quote

ZeroCafeine
Participant

Senior

robertogozzi wrote:

Actually, instead of checking positions, you might use:

Count = Count + LongTriggered

1

Count = Count + LongTriggered

Perfect 😊

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