How to set a weekly profit?

• 08/15/2020 at 10:45 PM #141700
  Fran55

  How to set a weekly profit and no operate until Next week?

   

  Thanks!

  

  Fran55

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  08/15/2020 at 11:31 PM #141701
  robertogozzi

  1. Firstly reset your profit at the beginning of each weeek (the first bar whose OpenDayOfWeek = 1) and re-enable trading
  2. Secondly monitor when STRATEGYPROFIT exceeds your weekly Gains and, if so, disable further trading using a variable named TRADEON

  There you go:

  ONCE MyProfit = 0 //Use this variable to tell when your profit exceeds X ONCE TradeON = 1 //1=trading enabled, 0=trading disabled ONCE X = 500 //500 € max weekly profit IF OpenDayOfWeek = 1 AND OpenDayOfWeek[1] <> 1 THEN //at week start MyProfit = StrategyProfit //save the total profit at the start of the week TradeON = 1 //re-enable trading ENDIF IF (StrategyProfit - MyProfit) >= X THEN TradeON = 0 //disable trading after X € gained ENDIF IF MyLongConditions AND Not OnMarket ANd TradeON THEN //add TradeON as an additional condition to enter a tarde BUY 1 Contract AT Market ENDIF

  1 2 3 4 5 6 7 8 9 10 11 12 13

  ONCE MyProfit = 0               //Use this variable to tell when your profit exceeds X ONCE TradeON  = 1               //1=trading enabled, 0=trading disabled ONCE X        = 500             //500 € max weekly profit IF OpenDayOfWeek = 1 AND OpenDayOfWeek[1] <> 1 THEN   //at week start    MyProfit   = StrategyProfit  //save the total profit at the start of the week    TradeON    = 1               //re-enable trading ENDIF IF (StrategyProfit - MyProfit) >= X THEN    TradeON    = 0               //disable trading after X € gained ENDIF IF MyLongConditions AND Not OnMarket ANd TradeON THEN //add TradeON as an additional condition to enter a tarde    BUY 1 Contract AT Market ENDIF

   

  

  robertogozzi

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  08/16/2020 at 7:28 AM #141709
  Fran55

  % of profit please???…

  No money profit.

  

  Fran55

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  08/16/2020 at 7:42 AM #141711
  robertogozzi

  At line 3 use a percentage (1, 2, 3.5, etc…) instead of money.

  Replace line 8 with:

  IF (StrategyProfit - MyProfit) >= abs(MyProfit * X / 100) THEN

  1	IF (StrategyProfit - MyProfit) >= abs(MyProfit * X / 100) THEN

   

  

  robertogozzi

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