how to temporarily stop auto trading?

• 03/18/2017 at 12:00 PM #29017
  ccskycc101

  what is the code for ‘temporarily stop trading’ for 3 or 4 hours if a stop loss was activated?

  

  ccskycc101

  Participant

  Topics: 2

  Replies: 1

  Been thanked: 0 times
  03/18/2017 at 1:40 PM #29021
  Elsborgtrading

  something like (i did not test it)

  //1H TF once x=1 positionsize =1 if condition then buy positionsize*x contract at market endif set target point 30 set stoploss point 10 if strategyprofit<0 then x=0 if tradeindex<4 then x=x else x=1 endif endif

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18

  //1H TF once x=1 positionsize =1 if condition then buy positionsize*x contract at market endif   set target point 30 set stoploss point 10   if strategyprofit<0 then x=0 if tradeindex<4 then x=x else x=1 endif endif

   

  1 user thanked author for this post.

  Nicolas

  

  Elsborgtrading

  Participant

  Topics: 37

  Replies: 359

  Been thanked: 154 times
  03/20/2017 at 9:35 AM #29121
  Nicolas

  If you are trading the 1 hour timeframe, you can simply use TRADEINDEX keyword, that give you the barindex number where the trades were launched at market. Then you only need to make differences between the current barindex and the last tradeindex to know if there is already 4 bars elapsed.

  

  Nicolas

  Keymaster

  Topics: 81

  Replies: 20867

  Been thanked: 4783 times
  04/01/2017 at 12:25 PM #30606
  ccskycc101

  still didnt make it

  set stop ploss 50 then set my system to stop one hour in 5 min timeframe?

  

  ccskycc101

  Participant

  Topics: 2

  Replies: 1

  Been thanked: 0 times
  04/03/2017 at 11:17 AM #30806
  Nicolas

  1 hour is 12 bars of 5 minutes.

  So your boolean condition to test if 12 bars has passed since the trade launch is:

  test = barindex-tradeindex >=12 if test then //do something here endif

  1 2 3 4 5

  test = barindex-tradeindex >=12   if test then //do something here endif

   

  

  Nicolas

  Keymaster

  Topics: 81

  Replies: 20867

  Been thanked: 4783 times
• Author
  Posts