How to stop reentry after Target Profit

• 09/02/2016 at 7:05 AM #12567
  achin316

  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 ?

   

  

  achin316

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  09/02/2016 at 10:26 AM #12587
  Nicolas

  Hello,

  How does the profit are triggered? By takeprofit function?

  

  Nicolas

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  09/03/2016 at 2:33 AM #12619
  grizzly

  Code:

   

  donotbuy = positionperf(1)>0 and longonmarket[1] // 1 candle ago donotsell = positionperf(1)>0 and shortonmarket[1] //1 candle ago

  1 2	donotbuy = positionperf(1)>0 and longonmarket[1]  // 1 candle ago donotsell = positionperf(1)>0 and shortonmarket[1] //1 candle ago

   

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  Nicolas

  

  grizzly

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  09/03/2016 at 2:36 AM #12620
  grizzly

  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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  //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)   //

   

  

  grizzly

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