Maximim profit then stop trading on that day

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

New
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
```
11/13/2022 at 11:30 AM #204063 quote

JS
Participant

Master

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

11/14/2022 at 11:29 AM #204122 quote

mikael6446
Participant

New

Thank you for your help 🙂

Will try to incorporate it.

Mikaël

11/14/2022 at 8:08 PM #204168 quote

MauroPro
Participant

Veteran

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
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