Maximim profit then stop trading on that day

• 11/13/2022 at 2:22 AM #204049
  mikael6446

  Hello to All,

  Could someone please help me with the line to add for a maximum points per day on this basic strategy and then stop trading?

  I have put the line:
  SET TARGET PROFIT DAY = 30

  However, I am not sure this is working fine.

  Thanks a lot !

  // Définition des paramètres du code DEFPARAM CumulateOrders = False // Cumul des positions désactivé // Annule tous les ordres en attente et ferme toutes les positions à 0:00, puis empêche toute création d'ordre avant l'heure "FLATBEFORE". DEFPARAM FLATBEFORE = 090000 // Annule tous les ordres en attente et ferme toutes les positions à l'heure "FLATAFTER" DEFPARAM FLATAFTER = 153000 // Empêche le système de placer de nouveaux ordres sur les jours de la semaine spécifiés daysForbiddenEntry = OpenDayOfWeek = 5 // Conditions pour ouvrir une position acheteuse indicator1 = Average[50](close) c1 = (close > indicator1) indicator2, ignored, ignored, ignored, ignored = CALL "ExtraTrend"[0, 1, 1, 1, 1, 1](close) c2 = (close CROSSES OVER indicator2) IF (c1 AND c2) AND not daysForbiddenEntry THEN BUY 1 CONTRACT AT MARKET ENDIF // Stops et objectifs SET STOP pLOSS 40 pTRAILING 40 SET TARGET pPROFIT 40 SET TARGET PROFIT DAY = 30

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24

  // Définition des paramètres du code DEFPARAM CumulateOrders = False // Cumul des positions désactivé // Annule tous les ordres en attente et ferme toutes les positions à 0:00, puis empêche toute création d'ordre avant l'heure "FLATBEFORE". DEFPARAM FLATBEFORE = 090000 // Annule tous les ordres en attente et ferme toutes les positions à l'heure "FLATAFTER" DEFPARAM FLATAFTER = 153000   // Empêche le système de placer de nouveaux ordres sur les jours de la semaine spécifiés daysForbiddenEntry = OpenDayOfWeek = 5   // Conditions pour ouvrir une position acheteuse indicator1 = Average[50](close) c1 = (close > indicator1) indicator2, ignored, ignored, ignored, ignored = CALL "ExtraTrend"[0, 1, 1, 1, 1, 1](close) c2 = (close CROSSES OVER indicator2)   IF (c1 AND c2) AND not daysForbiddenEntry THEN BUY 1 CONTRACT AT MARKET ENDIF   // Stops et objectifs SET STOP pLOSS 40 pTRAILING 40 SET TARGET pPROFIT 40 SET TARGET PROFIT DAY = 30

  

  mikael6446

  Participant

  Topics: 1

  Replies: 1

  Been thanked: 0 times
  11/13/2022 at 11:30 AM #204063
  JS

  Hi Mikael,

  Maybe you can add something like this…

  IF IntraDayBarIndex = 0 THEN
  TradeON = 1
  ENDIF

  IF (StrategyProfit – StrategyProfit[1]) > MaxPoints THEN
  TradeON = 0
  ENDIF

  IF MyConditions AND TradeON THEN
  … Buy / SellShorts
  …
  ENDIF

  

  JS

  Participant

  Topics: 27

  Replies: 2038

  Been thanked: 1086 times
  11/14/2022 at 11:29 AM #204122
  mikael6446

  Thank you for your help 🙂

  Will try to incorporate it.

  Mikaël

  

  mikael6446

  Participant

  Topics: 1

  Replies: 1

  Been thanked: 0 times
  11/14/2022 at 8:08 PM #204168
  MauroPro

  This code (written by Roberto)  blocks intraday trading once you reach a certain profit in euro (maxDailyProfit)

  maxDailyProfit = XXX
  floatingPosition = positionPerf*positionPrice/pointSize*pointValue
  once tradeAllowed = 1
  if intradayBarIndex = 0 then
  tradeAllowed = 1
  myProfit=strategyProfit
  endif
  if (strategyProfit + floatingPosition) >= (myProfit+maxDailyProfit) then
  tradeAllowed = 0
  endif

  

  MauroPro

  Participant

  Topics: 53

  Replies: 450

  Been thanked: 89 times
• Author
  Posts