New indicator giving the profit

Pere · 2016-08-27T09:04:31+00:00

Hi. I’m trying to develop an indicator which can give the profit of a simulated trade. My problem is that this will not be a Backtest, only an indicator. I will start the trades every day at 9:00 at stop at 21:00 (supposed datas) but I cannot use POSITIONPERF because there will be no open trade, only an indication of the profit/loss since 9:00 hours. I only want to know if I have profit or losses (histogram 0/1), but if it can also give the amount would be better. I tried to work with something like IF time>090000 THEN but I don’t know how to save the data of the open price at 9:00 hours. If this could be possible, then I should only calculate the difference of close[0] and open[at 9:00 hours]. How can I calculate this difference between the present close and the open price at a given time/date? Thanks for your help.

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08/27/2016 at 10:04 AM #12272 quote

Pere
Participant

Veteran

Hi. I’m trying to develop an indicator which can give the profit of a simulated trade. My problem is that this will not be a Backtest, only an indicator. I will start the trades every day at 9:00 at stop at 21:00 (supposed datas) but I cannot use POSITIONPERF because there will be no open trade, only an indication of the profit/loss since 9:00 hours. I only want to know if I have profit or losses (histogram 0/1), but if it can also give the amount would be better. I tried to work with something like IF time>090000 THEN but I don’t know how to save the data of the open price at 9:00 hours. If this could be possible, then I should only calculate the difference of close[0] and open[at 9:00 hours]. How can I calculate this difference between the present close and the open price at a given time/date? Thanks for your help.

08/27/2016 at 12:43 PM #12284 quote

Nicolas
Keymaster

Legend

Your topic was moved to english forum by administrator.

If you want to speak english, please use the english forums instead. Thank you.
Hi, a similar indicator has already been coded by RicLg, you can find it in the french forum here: http://www.prorealcode.com/topic/coding-gainspertes-indicator-need-help/ If I remember correctly it were working correctly in its last version you can find at the end of the thread. Maybe you’ll need to add your time conditions though.
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