How to stop reentry after Target Profit

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  • 09/02/2016 at 7:05 AM #12567 quote
    achin316achin316
    Participant
    New

    Hello,

    How to avoid re-entry after booking profits.

    My trading system re-enters the long after booking profits.

    What should I add to stop re-entering the trade if it has booked profits ?

    09/02/2016 at 10:26 AM #12587 quote
    NicolasNicolas
    Keymaster
    Legend

    Hello,

    How does the profit are triggered? By takeprofit function?

    09/03/2016 at 2:33 AM #12619 quote
    grizzlygrizzly
    Participant
    Average

    Code:

     

    donotbuy = positionperf(1)>0 and longonmarket[1]  // 1 candle ago
donotsell = positionperf(1)>0 and shortonmarket[1] //1 candle ago
    Nicolas thanked this post
    09/03/2016 at 2:36 AM #12620 quote
    grizzlygrizzly
    Participant
    Average

    And if you want to get fancy:

     

    //FALLACY - Runs are not statistically independent to trend//

Losses = positionperf(1)<0 and positionperf(2)<0 and positionperf(3)<0
Streak = positionperf(1)>0 and positionperf(2)>0 and positionperf(3)>0

LLL = (tradeprice(1)>tradeprice(2) and tradeprice(3)>tradeprice(4) and tradeprice(4)>tradeprice(5) and tradeprice(5)>tradeprice(6) and Streak and positionperf(4)>0 and positionperf(5)>0) 
SSS =  (tradeprice(1)<tradeprice(2) and tradeprice(3)<tradeprice(4) and tradeprice(4)<tradeprice(5) and tradeprice(5)<tradeprice(6) and Streak and positionperf(4)>0 and positionperf(5)>0) 

//
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How to stop reentry after Target Profit


ProOrder: Automated Strategies & Backtesting

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This topic contains 3 replies,
has 3 voices, and was last updated by grizzlygrizzly
10 years ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 09/02/2016
Status: Active
Attachments: No files
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