Inside bar code conversion

MajorBasse · 2020-04-03T09:38:32+00:00

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!

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04/03/2020 at 10:38 AM #124448 quote

MajorBasse
Participant

Average

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!

04/03/2020 at 2:00 PM #124483 quote
Nicolas
Keymaster

Legend
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
```
04/06/2020 at 10:13 AM #124785 quote

MajorBasse
Participant

Average

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

Thanks

04/06/2020 at 10:22 AM #124792 quote

Vonasi
Moderator

Master

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

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