Multi timeframe and countofposition

• 03/22/2020 at 2:30 PM #122913
  Fei_

  Hi,

  It seems like countofposition will not work on earlier timeframe then the default time frame. is this a bug or a natural error ??

  Eg.

  timeframe (15minutes, updateonclose) if countofposition[1]>0 then//this will not work... Show15=1 //Do something on chart endif timeframe(default) if not longonmarket then buy 1 contract at market endif if longonmarket and countofposition[50]>0 then Sell at market endif if Show15=1 then SHow1=1 endif Graph show1 as "show1" show1=0

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

  timeframe (15minutes, updateonclose)   if countofposition[1]>0 then//this will not work... Show15=1   //Do something on chart endif   timeframe(default) if not longonmarket then buy 1 contract at market endif if longonmarket and countofposition[50]>0 then   Sell at market endif if Show15=1 then SHow1=1 endif   Graph show1 as "show1" show1=0

   

  

  Fei_

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  03/22/2020 at 2:37 PM #122914
  Nicolas

  In your program, all codes below the “timeframe (15minutes, updateonclose)” line will be read and evaluated only once each 15 minutes. If you remove the “updateonclose”, it will be evaluated once every default timeframe period.

  

  Nicolas

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  03/22/2020 at 2:50 PM #122916
  Fei_

  Hi Nicolas,

  This would means that my code for the 15 minutes will hit 3 times (if the default time frame is 1 minute).

  Right now it wont hit at all, as the countofposition[1]>0  (15minute) will not hit at all.

  It seems to be stuck in countofposition constant zero.

  Thanks for your speedily response btw!

   

  

  Fei_

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  03/22/2020 at 4:25 PM #122927
  robertogozzi

  Line 21 will display the final value of SHOW1 (which is 0), despite being the last line. It does not matter where you place GRPAH, it will always show values retained at the end of the code.

  

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  03/22/2020 at 4:47 PM #122930
  Nicolas

  Chowfei wrote:

  This would means that my code for the 15 minutes will hit 3 times (if the default time frame is 1 minute).

  Without UpdateOnClose, it would refresh 15 times since there is 15 bars of 1 minute in a 15-minutes TF.

  Without UpdateOnClose, it would refresh only 1 time at the end of the 15-minutes TF period.

  But the result of your show15 variable will most likely be the same as the COUNTOFPOSITION[1] is the previous 15-minutes bar count of position !

  

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  03/22/2020 at 5:30 PM #122935
  fifi743

  Nicolas wrote:

  la période de TF 15 minutes.

  nicolas meant

  with UpdateOnClose, it will refresh only 1 time at the end of the 15 minute TF period.

   

  

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  03/23/2020 at 3:12 AM #122966
  Fei_

  Hi Guys,

  Thanks for replying, you can do a simple test on your end that you know will work for you too.

  Just need to made use of countofposition as the key function in the higher timeframe then default.

   

  i modify the code below to show exactly what i meant. You can just copy the code below to see if my interpretation is wrong.

  Since 15 minutes, updateonclose. It should hit at least 5 times. but not once will it hit..

  timeframe (15minutes, updateonclose) if countofposition[1]>0 then Show15=1 elsif countofposition[1]=0 then//even after multiple 15 minutes the count of position will still be 0 Show15=-1 endif timeframe(default)/// set to 1minute if not longonmarket and countofposition[100]=0 then buy 1 contract at market endif if longonmarket and countofposition[100]>0 then Sell at market endif if Show15=1 and longonmarket then Show1=1 elsif show15=-1 and longonmarket then show1=-1 endif Graph show1 as “show1” show1=0

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26

  timeframe (15minutes, updateonclose)   if countofposition[1]>0 then Show15=1 elsif countofposition[1]=0 then//even after multiple 15 minutes the count of position will still be 0 Show15=-1 endif   timeframe(default)/// set to 1minute   if not longonmarket and countofposition[100]=0 then buy 1 contract at market endif   if longonmarket and countofposition[100]>0 then Sell at market endif   if Show15=1 and longonmarket then Show1=1 elsif show15=-1 and longonmarket then show1=-1 endif   Graph show1 as “show1” show1=0

   

  

  Fei_

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  03/23/2020 at 9:28 AM #122973
  robertogozzi

  >> For clarity of messages on ProRealCode’s forums, please use the “insert code PRT” button to separate the text of the code part! Thank you! <<
  🙂

  

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  03/23/2020 at 10:33 AM #122983
  Nicolas

  Chowfei wrote:

  It should hit at least 5 times.

  Sorry but why 5 times?

  

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  03/23/2020 at 10:41 AM #122985
  Fei_

  Hi Nicolas,

  because for the 15 minutes code, i use countofposition[1]>0  and for the 1 minute code i locked it to 100 countofposition.

  So after the first 15 minutes and subsequent 15 minutes it should hit.

  countofposition[1]>0 to countofposition[6]>0 should be valid in 15minutes timeframe

  So it should hit 6 times :0

   

   

  

  Fei_

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  04/26/2020 at 5:40 AM #128118
  Fei_

  Hi All,

  Just to further illustrate the error:

  it seems that the error will occur only when using [] on count of position in the higher timeframe:

  Please copy the code below to try it on your end and it will be clear.

  count of position error

  timeframe (15minutes, updateonclose) COP=0 if countofposition>0 then//long on market and Count of position should work the same COP=1 endif if COP[1]>0 then COP15=1 else COP15=0 endif if countofposition[1]>0 then//long on market and Count of position should work the same Show15=1 else SHow15=0 endif timeframe(default)/// set to 1minute if not longonmarket and countofposition[100]=0 then buy 1 contract at market endif if longonmarket and countofposition[100]>0 then Sell at market endif if Show15=1 then// this should give same result as below//but this wont show Show1=1 else show1=0 endif if COP15=1 then// this should give same result as below COP1=1 else COP1=0 endif Graph show1 as "show1" Graph COP1 as "COP1"

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45

  timeframe (15minutes, updateonclose)   COP=0 if countofposition>0 then//long on market and Count of position should work the same COP=1 endif   if COP[1]>0 then COP15=1 else COP15=0 endif       if countofposition[1]>0 then//long on market and Count of position should work the same Show15=1 else SHow15=0 endif timeframe(default)/// set to 1minute if not longonmarket and countofposition[100]=0 then buy 1 contract at market endif if longonmarket and countofposition[100]>0 then Sell at market endif if Show15=1  then// this should give same result as below//but this wont show Show1=1 else show1=0 endif if COP15=1 then// this should give same result as below COP1=1 else COP1=0 endif   Graph show1 as "show1" Graph COP1 as "COP1"

  Thanks

  

  Fei_

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  04/26/2020 at 9:22 AM #128146
  Vonasi

  Your code is a little confusing so I created this simple test code to try to see what is happening:

  timeframe (15minutes, updateonclose) COP15 = countofposition COP15Back1 = countofposition[1] timeframe(default)/// set to 1minute if not longonmarket and countofposition[100]=0 then buy 1 contract at market endif if longonmarket and countofposition[100]>0 then Sell at market endif COP1=countofposition COP1Back1 = countofposition[1] Graph COP15 as "COP15" Graph COP1 as "COP1" Graph COP15Back1 as "COP15[1]" Graph COP1Back1 as "COP1[1]"

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

  timeframe (15minutes, updateonclose)   COP15 = countofposition COP15Back1 = countofposition[1]   timeframe(default)/// set to 1minute if not longonmarket and countofposition[100]=0 then buy 1 contract at market endif if longonmarket and countofposition[100]>0 then Sell at market endif COP1=countofposition COP1Back1 = countofposition[1]   Graph COP15 as "COP15" Graph COP1 as "COP1" Graph COP15Back1 as "COP15[1]" Graph COP1Back1 as "COP1[1]"

  The images show the results for both UPDATEONCLOSE and DEFAULT on the 15 minute time frame. There is definitely something weird going on because in UPDATEONCLOSE mode the 15 minute count of position does not change until the 15 minute bar closes which is what we would expect but if we check the previous bar it has changed to zero.

  Then in DEFAULT mode the fifteen minute back one bar is not updating until the close of the fifteen minute bar when it should be updated every minute.

  

  Vonasi

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  04/26/2020 at 9:32 AM #128150
  Nicolas

  Hmmm ok, let me check before I ask how COUNTOFPOSITION is expected to work with MTF.

  

  Nicolas

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