How to limited one stop order per day?

• 10/23/2019 at 2:56 PM #110938
  BC

  Hi PRT Master

   

  I copy the syntax from below Blog to control the trade (Stop order, Long & Short)  per day, but I found it will out of order if the 1st trade close at the 1st bar, is there any solution to solve this issue?

   

  https://www.prorealcode.com/blog/automated-breakout-trading-strategy-french-cac40/

   

  Thanks.

  

  BC

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  10/23/2019 at 3:08 PM #110942
  Nicolas

  So you want to know if a pending stop order has triggered during the day and even if it has triggered and closed during the same bar?

  

  Nicolas

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  10/23/2019 at 11:19 PM #110996
  BC

  Hi Nicolas

   

  Yes and sorry for my poor description.

   

  Thanks

  

  BC

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  10/24/2019 at 2:57 AM #111004
  solar

  Hi BC I notice you are from HK as well.

  Feel free to contact me at [deleted by moderator] for more discussion and sharing of ideas.

  btw i leave the message here because i don’t see any inbox function on this forum, or have I missed it?

  

  solar

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  10/24/2019 at 7:56 AM #111019
  Nicolas

  @solar Sorry but there is no private messaging in the forum and sharing personal link is not allowed.

  @BC You can use the snippet below, it returns a boolean if we were at market on the previous bar, and even if an order has opened and closed during it.

  if ( (not onmarket and onmarket[1] and not onmarket[2]) or (tradeindex(1)=tradeindex(2) and tradeindex(1)=barindex[1] and tradeindex(1)>0) ) and lastcheck<>barindex then lastcheck = barindex wasonmarket=1 else wasonmarket=0 endif

  1 2 3 4 5 6

  if ( (not onmarket and onmarket[1] and not onmarket[2]) or (tradeindex(1)=tradeindex(2) and tradeindex(1)=barindex[1] and tradeindex(1)>0) )  and lastcheck<>barindex then lastcheck = barindex wasonmarket=1 else wasonmarket=0 endif

   

   

  

  Nicolas

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  10/24/2019 at 9:21 AM #111033
  solar

  So How can I contact somebody without violating the forum rules?

  

  solar

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  10/24/2019 at 10:45 AM #111049
  Nicolas

  If BC is ok, I can make it possible for you to contact him off-forum.

  

  Nicolas

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  10/24/2019 at 12:06 PM #111053
  BC

  Thanks Nicolas, will try your code tonight. Also I am OK let Solar contact me off forum.

   

  Nice to meet you, Solar.

  

  BC

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  10/24/2019 at 2:36 PM #111076
  BC

  Hi Nicolas

   

  I tried but not work on below code, it seem [wasonmarket] will return=0 after a position close.

  What I did wrong?

   

  Thanks

   

  My stop order code

  Defparam Preloadbars = 5000 Defparam Cumulateorders = False // no MM Position Size Once noMMPositionSizeLong = 1 Once noMMPositionSizeShort = 1 // Target Profit and Stop Lost Setup TProfitMultipeRate = 1.5 SLostMultipeRate = 0.75 // Function Switch MaxStopLoss = 1 // Max Stop Loss MaxStopLossPoint = 100 // Trade only on below time Once StartBetTime = 91500 Once LastBetTime = 160000 TradingTime = Time >= StartBetTime and Time <= LastBetTime // Cloase all Position Once ClosePositionTime = 163000 // Capture Yesterday High Low If DayofWeek = 1 then Dayhigh = DHigh(2) DayLow = DLow(2) YesterdayRange = Dayhigh - DayLow EndIf If DayofWeek >=2 and DayofWeek < 6 then Dayhigh = DHigh(1) DayLow = DLow(1) YesterdayRange = Dayhigh - DayLow EndIf // Trade Process If TradingTime then // Nicolas Code if ( (not onmarket and onmarket[1] and not onmarket[2]) or (tradeindex(1)=tradeindex(2) and tradeindex(1)=barindex[1] and tradeindex(1)>0) ) and lastcheck<>barindex then lastcheck = barindex wasonmarket=1 else wasonmarket=0 EndIf // Long Entry If wasonmarket = 0 then Buy noMMPositionSizeLong Contract at Dayhigh Stop EndIf // Short entry If wasonmarket = 0 then SellShort noMMPositionSizeShort Contract at DayLow Stop Endif EndIf // Close all position If Time = ClosePositionTime then If LongonMarket then Sell at Market Endif If ShortonMarket then ExitShort at Market Endif Endif // Stop Loss and Target Profit If MaxStopLoss then Set Stop pLOSS Min(MaxStopLossPoint,(YesterdayRange*SLostMultipeRate)) Else Set Stop pLOSS YesterdayRange*SLostMultipeRate EndIf Set Target pPROFIT YesterdayRange*TProfitMultipeRate graph wasonmarket

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81

  Defparam Preloadbars = 5000 Defparam Cumulateorders = False   // no MM Position Size Once noMMPositionSizeLong = 1 Once noMMPositionSizeShort = 1   // Target Profit and Stop Lost Setup TProfitMultipeRate = 1.5       SLostMultipeRate = 0.75       // Function Switch MaxStopLoss = 1   // Max Stop Loss MaxStopLossPoint = 100     // Trade only on below time Once StartBetTime = 91500 Once LastBetTime = 160000 TradingTime = Time >= StartBetTime and Time <= LastBetTime   // Cloase all Position Once ClosePositionTime = 163000   // Capture Yesterday High Low If DayofWeek = 1 then Dayhigh = DHigh(2) DayLow = DLow(2) YesterdayRange = Dayhigh - DayLow EndIf   If DayofWeek >=2 and DayofWeek < 6 then Dayhigh = DHigh(1) DayLow = DLow(1) YesterdayRange = Dayhigh - DayLow EndIf   // Trade Process If TradingTime then   // Nicolas Code if  ( (not onmarket and onmarket[1] and not onmarket[2]) or (tradeindex(1)=tradeindex(2) and tradeindex(1)=barindex[1] and tradeindex(1)>0) )  and lastcheck<>barindex then lastcheck = barindex wasonmarket=1 else wasonmarket=0 EndIf   // Long Entry If wasonmarket = 0 then Buy noMMPositionSizeLong Contract at Dayhigh Stop EndIf   // Short entry If  wasonmarket = 0 then SellShort noMMPositionSizeShort Contract at DayLow Stop Endif   EndIf   // Close all position If Time = ClosePositionTime then If LongonMarket then Sell at Market Endif If ShortonMarket  then ExitShort at Market Endif Endif   // Stop Loss and Target Profit If MaxStopLoss then Set Stop pLOSS Min(MaxStopLossPoint,(YesterdayRange*SLostMultipeRate)) Else Set Stop pLOSS YesterdayRange*SLostMultipeRate EndIf   Set Target pPROFIT YesterdayRange*TProfitMultipeRate   graph wasonmarket

   

  

  BC

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  10/24/2019 at 3:27 PM #111094
  Nicolas

  You didn’t adapt it correctly to your own strategy, because you should only reset the variable one time each day:

  delete lines 46 and 47 and put that at the beginning of the code:

  if day<>day[1] or intradaybarindex=0 then wasonmarket=0 endif

  1 2 3

  if day<>day[1] or intradaybarindex=0 then wasonmarket=0 endif

   

   

  

  Nicolas

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  10/25/2019 at 12:33 AM #111133
  BC

  Hi Nicolas

   

  I tried to follow your instruction, but seem not work correctly.

   

  Thanks

   

  My stop order code

  Defparam Preloadbars = 5000 Defparam Cumulateorders = False // no MM Position Size Once noMMPositionSizeLong = 1 Once noMMPositionSizeShort = 1 // Target Profit and Stop Lost Setup TProfitMultipeRate = 1.5 SLostMultipeRate = 0.75 // Function Switch MaxStopLoss = 1 // Max Stop Loss MaxStopLossPoint = 100 // Trade only on below time Once StartBetTime = 91500 Once LastBetTime = 160000 TradingTime = Time >= StartBetTime and Time <= LastBetTime // Cloase all Position Once ClosePositionTime = 163000 // Capture Yesterday High Low If DayofWeek = 1 then Dayhigh = DHigh(2) DayLow = DLow(2) YesterdayRange = Dayhigh - DayLow EndIf If DayofWeek >=2 and DayofWeek < 6 then Dayhigh = DHigh(1) DayLow = DLow(1) YesterdayRange = Dayhigh - DayLow EndIf // Trade Process if day<>day[1] or intradaybarindex=0 then wasonmarket=0 endif If TradingTime then // Nicolas Code if ( (not onmarket and onmarket[1] and not onmarket[2]) or (tradeindex(1)=tradeindex(2) and tradeindex(1)=barindex[1] and tradeindex(1)>0) ) and lastcheck<>barindex then lastcheck = barindex wasonmarket=1 EndIf // Long Entry If wasonmarket = 0 then Buy noMMPositionSizeLong Contract at Dayhigh Stop EndIf // Short entry If wasonmarket = 0 then SellShort noMMPositionSizeShort Contract at DayLow Stop Endif EndIf // Close all position If Time = ClosePositionTime then If LongonMarket then Sell at Market Endif If ShortonMarket then ExitShort at Market Endif Endif // Stop Loss and Target Profit If MaxStopLoss then Set Stop pLOSS Min(MaxStopLossPoint,(YesterdayRange*SLostMultipeRate)) Else Set Stop pLOSS YesterdayRange*SLostMultipeRate EndIf Set Target pPROFIT YesterdayRange*TProfitMultipeRate graph wasonmarket

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84

  Defparam Preloadbars = 5000 Defparam Cumulateorders = False   // no MM Position Size Once noMMPositionSizeLong = 1 Once noMMPositionSizeShort = 1   // Target Profit and Stop Lost Setup TProfitMultipeRate = 1.5 SLostMultipeRate = 0.75   // Function Switch MaxStopLoss = 1   // Max Stop Loss MaxStopLossPoint = 100     // Trade only on below time Once StartBetTime = 91500 Once LastBetTime = 160000 TradingTime = Time >= StartBetTime and Time <= LastBetTime   // Cloase all Position Once ClosePositionTime = 163000   // Capture Yesterday High Low If DayofWeek = 1 then Dayhigh = DHigh(2) DayLow = DLow(2) YesterdayRange = Dayhigh - DayLow EndIf   If DayofWeek >=2 and DayofWeek < 6 then Dayhigh = DHigh(1) DayLow = DLow(1) YesterdayRange = Dayhigh - DayLow EndIf   // Trade Process if day<>day[1] or intradaybarindex=0 then wasonmarket=0 endif   If TradingTime then   // Nicolas Code if  ( (not onmarket and onmarket[1] and not onmarket[2]) or (tradeindex(1)=tradeindex(2) and tradeindex(1)=barindex[1] and tradeindex(1)>0) )  and lastcheck<>barindex then lastcheck = barindex wasonmarket=1 EndIf   // Long Entry If wasonmarket = 0 then Buy noMMPositionSizeLong Contract at Dayhigh Stop EndIf   // Short entry If  wasonmarket = 0 then SellShort noMMPositionSizeShort Contract at DayLow Stop Endif   EndIf   // Close all position If Time = ClosePositionTime then If LongonMarket then Sell at Market Endif If ShortonMarket  then ExitShort at Market Endif Endif   // Stop Loss and Target Profit If MaxStopLoss then Set Stop pLOSS Min(MaxStopLossPoint,(YesterdayRange*SLostMultipeRate)) Else Set Stop pLOSS YesterdayRange*SLostMultipeRate EndIf   Set Target pPROFIT YesterdayRange*TProfitMultipeRate   graph wasonmarket

   

  

  BC

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  10/25/2019 at 8:50 AM #111154
  Nicolas

  Because you included the condition into “tradingtime”, so the test cannot be made outside the time conditions. Anyway, I also made a small add to the condition to check another ‘wasonmarket’ situation that was not included.

  Defparam Preloadbars = 5000 Defparam Cumulateorders = False // no MM Position Size Once noMMPositionSizeLong = 1 Once noMMPositionSizeShort = 1 // Target Profit and Stop Lost Setup TProfitMultipeRate = 1.5 SLostMultipeRate = 0.75 // Function Switch MaxStopLoss = 1 // Max Stop Loss MaxStopLossPoint = 100 // Trade only on below time Once StartBetTime = 91500 Once LastBetTime = 160000 TradingTime = Time >= StartBetTime and Time <= LastBetTime // Cloase all Position Once ClosePositionTime = 163000 // Capture Yesterday High Low If DayofWeek = 1 then Dayhigh = DHigh(2) DayLow = DLow(2) YesterdayRange = Dayhigh - DayLow EndIf If DayofWeek >=2 and DayofWeek < 6 then Dayhigh = DHigh(1) DayLow = DLow(1) YesterdayRange = Dayhigh - DayLow EndIf // Trade Process if day<>day[1] or intradaybarindex=0 then wasonmarket=0 endif // Nicolas Code if ( (not onmarket and onmarket[1] and not onmarket[2]) or (tradeindex(1)=tradeindex(2) and tradeindex(1)=barindex[1] and tradeindex(1)>0) or (not onmarket and onmarket[1])) and lastcheck<>barindex then lastcheck = barindex wasonmarket=1 EndIf If TradingTime then // Long Entry If wasonmarket = 0 then Buy noMMPositionSizeLong Contract at Dayhigh Stop EndIf // Short entry If wasonmarket = 0 then SellShort noMMPositionSizeShort Contract at DayLow Stop Endif EndIf // Close all position If Time = ClosePositionTime then If LongonMarket then Sell at Market Endif If ShortonMarket then ExitShort at Market Endif Endif // Stop Loss and Target Profit If MaxStopLoss then Set Stop pLOSS Min(MaxStopLossPoint,(YesterdayRange*SLostMultipeRate)) Else Set Stop pLOSS YesterdayRange*SLostMultipeRate EndIf Set Target pPROFIT YesterdayRange*TProfitMultipeRate graph wasonmarket

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84

  Defparam Preloadbars = 5000 Defparam Cumulateorders = False   // no MM Position Size Once noMMPositionSizeLong = 1 Once noMMPositionSizeShort = 1   // Target Profit and Stop Lost Setup TProfitMultipeRate = 1.5 SLostMultipeRate = 0.75   // Function Switch MaxStopLoss = 1   // Max Stop Loss MaxStopLossPoint = 100     // Trade only on below time Once StartBetTime = 91500 Once LastBetTime = 160000 TradingTime = Time >= StartBetTime and Time <= LastBetTime   // Cloase all Position Once ClosePositionTime = 163000   // Capture Yesterday High Low If DayofWeek = 1 then Dayhigh = DHigh(2) DayLow = DLow(2) YesterdayRange = Dayhigh - DayLow EndIf   If DayofWeek >=2 and DayofWeek < 6 then Dayhigh = DHigh(1) DayLow = DLow(1) YesterdayRange = Dayhigh - DayLow EndIf   // Trade Process if day<>day[1] or intradaybarindex=0 then wasonmarket=0 endif   // Nicolas Code if  ( (not onmarket and onmarket[1] and not onmarket[2]) or (tradeindex(1)=tradeindex(2) and tradeindex(1)=barindex[1] and tradeindex(1)>0) or (not onmarket and onmarket[1]))  and lastcheck<>barindex then lastcheck = barindex wasonmarket=1 EndIf   If TradingTime then   // Long Entry If wasonmarket = 0 then Buy noMMPositionSizeLong Contract at Dayhigh Stop EndIf   // Short entry If  wasonmarket = 0 then SellShort noMMPositionSizeShort Contract at DayLow Stop Endif   EndIf   // Close all position If Time = ClosePositionTime then If LongonMarket then Sell at Market Endif If ShortonMarket  then ExitShort at Market Endif Endif   // Stop Loss and Target Profit If MaxStopLoss then Set Stop pLOSS Min(MaxStopLossPoint,(YesterdayRange*SLostMultipeRate)) Else Set Stop pLOSS YesterdayRange*SLostMultipeRate EndIf   Set Target pPROFIT YesterdayRange*TProfitMultipeRate   graph wasonmarket

   

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  Nicolas

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  10/25/2019 at 1:59 PM #111216
  BC

  Thanks Nicolas, but I found it still open another trade if 1st trade close on same bar.

  

  BC

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  10/25/2019 at 4:07 PM #111225
  Nicolas

  Seems to work well on the first trade at the left of the screenshot. How was closed this one you mentioned because I do not see any square (stoploss) or cross (code exit) symbol on the chart?

  

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  10/26/2019 at 8:26 AM #111252
  BC

  Most 1st trade on 1st bar can trigger [wasonmarket], but sometime not, very strange.

  

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