Inside bar code conversion

• 04/03/2020 at 10:38 AM #124448
  MajorBasse

  Hello!

  I am working on an inside bar strategy and I´ve found som exit criterias, but I believe the code is from MetaStock and I wonder if it is possible to convert it to PRT code?

  Here is the code:

  tr = 0.75

  si = 0.75

  else if marketposition = 1 then begin
  sell next bar at entryprice + entryprice*tr/100 limit;
  sell next bar at entryprice – entryprice*si/100 stop;
  end

  else if marketposition = -1 then begin
  buy to cover next bar at entryprice – entryprice*tr/100 limit;
  buy to cover next bar at entryprice + entryprice*si/100 stop;

  end

   

  If someone could convert this it would be greatly appreciated!

  

  MajorBasse

  Participant

  Topics: 11

  Replies: 27

  Been thanked: 0 times
  04/03/2020 at 2:00 PM #124483
  Nicolas

  I think that it could be converted this way:

  itr = 0.75 si = 0.75 if longonmarket then sell at tradeprice + tradeprice*itr/100 limit sell at tradeprice – entryprice*si/100 stop elsif shortonmarket then exitshort at tradeprice – tradeprice*itr/100 limit exitshort at tradeprice + tradeprice*si/100 stop endif

  1 2 3 4 5 6 7 8 9 10

  itr = 0.75 si = 0.75   if longonmarket then sell at tradeprice + tradeprice*itr/100 limit sell at tradeprice – entryprice*si/100 stop elsif shortonmarket then exitshort at tradeprice – tradeprice*itr/100 limit exitshort at tradeprice + tradeprice*si/100 stop endif

   

  

  Nicolas

  Keymaster

  Topics: 83

  Replies: 20899

  Been thanked: 4866 times
  04/06/2020 at 10:13 AM #124785
  MajorBasse

  The only thing not working in your code is “entryprice” PRT says the variable is undefined

  Thanks

   

  

  MajorBasse

  Participant

  Topics: 11

  Replies: 27

  Been thanked: 0 times
  04/06/2020 at 10:22 AM #124792
  Vonasi

  Replace entryprice with tradeprice. I think it is a typo by Nicolas.

  1 user thanked author for this post.

  MajorBasse

  

  Vonasi

  Moderator

  Topics: 192

  Replies: 5088

  Been thanked: 1812 times
• Author
  Posts