identify the % of trades which open and close in the same bar

• 06/07/2018 at 3:32 PM #72577
  Pepsmile

  Hi all,

  Below a snippet to visualize and quickly identify the % of trades which open and close in the same bar.

  This could help to avoid some kind of “holly grail” strategies and sometimes to ajust exit orders instead of using Target Profit/Stop Loss.
  Pepsmile

  % of trades closed after 1 bar

  //Count the % of trades closed in the same candle // Pepsmile // 7 june 2018 DEFPARAM CUMULATEORDERS = false // simple buy/short strategy MM1 = ExponentialAverage[20](close) // Long IF MM1 crosses over MM1[1] THEN BUY 1 LOT AT MARKET ENDIF // Short IF MM1 crosses under MM1[1] THEN SELLSHORT 1 LOT AT MARKET ENDIF ////// closed SL & TP to find easily right cases set stop ploss 5 set target pprofit 5 /////////////////// // Snippet if longonmarket[2]=0 and longonmarket[1]>0 and longonmarket=0 then Long1=Long1+1 elsif shortonmarket[2]=0 and shortonmarket[1]>0 and shortonmarket=0 then Short1=Short1+1 endif // Graph variables // Long1 = count #longs open/close in the same candle // Short1 = count #longs open/close in the same candle //graph Long1 as "Long1" //graph -Short1 as "Short1" // if (onmarket and barindex=tradeindex) or(barindex=tradeindex and barindex=tradeindex(2)) then TotalT=TotalT+1 endif // due to the lag of 1 bar calculation for Long1 & Short1, results have to been considered 1 bar after close, best to see final result graph 100*(Long1+Short1)/TotalT

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  //Count the % of trades closed in the same candle // Pepsmile // 7 june 2018   DEFPARAM CUMULATEORDERS = false // simple buy/short strategy MM1 = ExponentialAverage[20](close)   // Long IF MM1 crosses over MM1[1] THEN BUY 1 LOT AT MARKET ENDIF   // Short IF MM1 crosses under MM1[1] THEN SELLSHORT 1 LOT AT MARKET ENDIF   ////// closed SL & TP to find easily right cases set stop ploss 5 set target pprofit 5 /////////////////// // Snippet if longonmarket[2]=0 and longonmarket[1]>0 and longonmarket=0 then Long1=Long1+1 elsif shortonmarket[2]=0 and shortonmarket[1]>0 and shortonmarket=0 then Short1=Short1+1 endif   // Graph variables // Long1 = count #longs open/close in the same candle // Short1 = count #longs open/close in the same candle //graph Long1 as "Long1" //graph -Short1 as "Short1" //   if (onmarket and barindex=tradeindex) or(barindex=tradeindex and barindex=tradeindex(2)) then TotalT=TotalT+1 endif // due to the lag of 1 bar calculation for Long1 & Short1, results have to been considered 1 bar after close, best to see final result graph 100*(Long1+Short1)/TotalT

   

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  Nicolas

  

  Pepsmile

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  06/07/2018 at 10:16 PM #72601
  GraHal

  Above added to Snippet Link Library

   

  

  GraHal

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