Max 1 trade if successful, 2 trades if first trade fails

• 01/12/2021 at 4:10 PM #157573
  eckaw

  Hi all

  How would one go about coding:

  – Make 1 trade, if it ends up in gains = no more trades that day (I’ve seen this snipped of code in the 69 moving average code)

  – if first trade fails then execute a second trade if the entry condition happens again.

  I would like to code a breakout strategy to trade only during market open and have a tight stop loss. If I get stopped out I’d like the strategy to have another go (most likely when it breaks out the other direction, if the first trade was a fake-out)

   

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  GraHal

  

  eckaw

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  01/12/2021 at 5:36 PM #157588
  robertogozzi

  A What do you want price to break? A time range, say 8-10, or previous day’s High/Low, or last week’s, etc… ?

   

  

  robertogozzi

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  01/12/2021 at 7:38 PM #157598
  eckaw

  I’m currently working on Nicolas excellent Breakout of Range Trading Strategy: https://www.prorealcode.com/prorealtime-trading-strategies/breakout-range-ts/

  My idea is to launch it on different markets with 1 trade per day when it breaks through a previous x bar range, during market open only when there is extra volatility.

  

  eckaw

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  09/28/2021 at 5:24 PM #178669
  nnrichard

  hi did you find a solution i’m looking for something similar

  maximum one trade per day if gain or loss

  

  nnrichard

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  09/28/2021 at 5:37 PM #178671
  nnrichard

  found an answer here   https://www.prorealcode.com/topic/limit-one-trade-per-candle/

  

  nnrichard

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