Hi Nuf

Might you share what you found / how to do it please … then we will know?

@Eric … how do you get multiple Demo Accounts with IG or do you mean only multiple Live Accounts? I opened a second account but it was a Live Account.

Thanks
GraHal

Ah right good … that will Quit the Algo if your equity drops > 200 (as example 2 in your link) from your starting equity, so 10k start – 200 if equity drops to £9.8K.

Your original post stated stop the auto trade if an amount of money is lost during the day … and by that I thought you meant during any day??  This is something I  have wanted also! For example, if an extreme condition occurs for which none of my Algos are designed to cope (e.g. outbreak of war) then a drop of x amount quits all Algos by using a Quit condition in each separate Algo, but good for each day. So, for example, Equity 10k start + 5k profit but drops by 1k to 14k then Algo Quits.  Quit in your ‘example  2 link’  will not do that because the Algo is still 4k in profit overall.

Amyway if you / anybody manages to get a ‘Quit for the day’ coded up please share with us.

Thanks
GraHal

Nufstad is right about the QUIT instruction, it does exactly what it is described in the documentation.
If you want to “quit for the day”, then the usual code snippet from the blog should do the trick : https://www.prorealcode.com/blog/learning/max-profit-loss-day-trading-strategy/

Hello! When I use the same code with the exact same setting my code uses different strategis in either Backtest or Auto trading. The program does not trade the same in the different programs with the same time settings.

CODE

Used for Germany 30 Cash (1euro mini)

// Definition of code parameters
DEFPARAM CumulateOrders = False // Cumulating positions deactivated

// Conditions to enter long positions
indicator1 = RSI[10](close)
indicator2 = RSI[12](close)
c1 = (indicator1 >= indicator2)

IF c1 THEN
BUY 3 CONTRACT AT MARKET
ENDIF

// Conditions to exit long positions
indicator3 = Stochastic[10,6](open)
indicator4 = Stochastic[20,6](open)
c2 = (indicator3 <= indicator4)

IF c2 THEN
SELL AT MARKET
ENDIF

// Stops and targets
SET STOP pTRAILING 1

IF StrategyProfit<-200 then
QUIT
ENDIF

Anyone with the experience to solve my problem?

If you are not asking about QUIT then your code is probably executing different in Backtest versus Demo Forward Test due to subtle differences betwen Backtest and Demo Forward Test and we all experience these subtle differences.

Also you have SET STOP pTRAILING 1 … I doubt this will work on any instrument as 1 point is far too low to be acceptable (to yuor broker) and iny case you would be stopped out far too often and so your Algo is not robust.  Try  SET STOP pTRAILING 5 (or 10 etc)

Let us know how you get on please.

Cheers
GraHal