How to use CumulateOrders=True and prevent opening new positions in the same TF

ronit79 · 2020-05-13T04:46:50+00:00

DEFPARAM CumulateOrders = True timeframe(default) S1 = 23000 S2 = 21000 Res1 = 28000 c1 = (close = S2) IF c1 AND o1 THEN BUY 1 CONTRACT AT MARKET ENDIF closeCon1 = (close >= Res1) IF closeCon1 THEN SELL AT MARKET ENDIF Dear All, I’m trying a very simple code and I’m running in a little trouble. I’d like to open the orders in the code just once a month while other positions are still open in previous months preventing the code to open multiple positions in the same month. Your advice would be much appreciated. Thank you

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05/13/2020 at 5:46 AM #131417 quote
ronit79
Participant

New
```
DEFPARAM CumulateOrders = True
timeframe(default)
S1 = 23000
S2 = 21000
Res1 = 28000

c1 = (close <= S1)
o1 = (open >= S2)
IF c1 AND o1 THEN
BUY 1 CONTRACT AT MARKET
ENDIF

closeCon1 = (close >= Res1)
IF closeCon1 THEN
SELL AT MARKET
ENDIF
```
Dear All,

I’m trying a very simple code and I’m running in a little trouble.

I’d like to open the orders in the code just once a month while other positions are still open in previous months preventing the code to open multiple positions in the same month.

Your advice would be much appreciated.

Thank you
05/13/2020 at 6:56 AM #131425 quote
robertogozzi
Moderator

Legend
Try this (not tested):
```
DEFPARAM CumulateOrders = True
timeframe(default)
S1 = 23000
S2 = 21000
Res1 = 28000
If Month <> Month[1] then
   m1 = 1
Endif
c1 = (close <= S1)
o1 = (open >= S2)
IF c1 AND o1  and m1 THEN
   BUY 1 CONTRACT AT MARKET
   m1 = 0
ENDIF
 
closeCon1 = (close >= Res1)
IF closeCon1 THEN
   SELL AT MARKET
ENDIF
```
05/13/2020 at 7:02 AM #131426 quote

ronit79
Participant

New

Thank you Roberto,

I will give it a try.

Cheers

05/13/2020 at 8:04 AM #131433 quote

ronit79
Participant

New

Roberto,

it worked beautifully

Thank you very much for your help.

Renzo
Author

Posts

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How to use CumulateOrders=True and prevent opening new positions in the same TF

ProOrder: Automated Strategies & Backtesting

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ronit79 @ronit79 Participant

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This topic contains 3 replies,
has 2 voices, and was last updated by ronit79
6 years, 4 months ago.

Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	05/13/2020
Status:	Active
Attachments:	No files