New position for a strategy.

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  • 08/21/2020 at 6:37 PM #142241 quote
    Fran55
    Participant
    Veteran

    Just one more question:

    In the strategy there can be a maximum of 2 positions.
    After a first position, buy another position if the same conditions as the first position are met.
    Or, buy another position, if the price falls 1% from the first position.

    08/23/2020 at 12:22 AM #142298 quote
    robertogozzi
    Moderator
    Master

    Not tested:

    DEFPARAM CumulateOrders = true
IF Not OnMarket THEN
   PriceFall  = 0
   EntryPrice = 0
ELSE
   PriceFall  = (close <= (EntryPrice * 0.99))
ENDIF
AddPosition = abs(CountOfPosition) < 2
IF (MyConditions OR PriceFall) AND AddPosition AND Not ShortOnMarket THEN
   BUY 1 CONTRACT AT MARKET
   IF abs(CountOfPosition) = 0 THEN
      EntryPrice = close
   ENDIF
ENDIF
    08/23/2020 at 9:32 AM #142299 quote
    Fran55
    Participant
    Veteran

    Thanks Grahal!

    But there is a problem … I can’t get it to work the way I want.

    In the strategy there can be a maximum of 2 positions.
    After a first position, buy another position if the price falls 1% from the first position.

    The strategy with your code buys the two positions when the same conditions are met.
    What I want is that I only buy the first position with conditions, and the second position if the price falls 1% from the first position.


    The first photo is what I have so far.
    The second photo shows that it always buys the second position when the conditions of the first position are met, since it always buys the second position a few pips after the first position.
    Screenshot_1-1.png Screenshot_1-1.png Screenshot_2-1.png Screenshot_2-1.png
    08/23/2020 at 10:34 AM #142305 quote
    robertogozzi
    Moderator
    Master

    That’s what you asked

    “After a first position, buy another position if the same conditions as the first position are met.
    Or, buy another position, if the price falls 1% from the first position    .”

    I am not GraHal.

    If you don’t want to buy the second position with the same conditions as the first one, change line 9:

    IF ((MyConditions AND (Countofposition = 0)) OR PriceFall) AND AddPosition AND Not ShortOnMarket THEN
    08/23/2020 at 11:06 AM #142310 quote
    Fran55
    Participant
    Veteran

    Jjhajjjaaa!!!

     

    Sorry Roberto!

    08/23/2020 at 1:26 PM #142327 quote
    Fran55
    Participant
    Veteran

    No function.

    Screenshot_3-1.png Screenshot_3-1.png
    08/23/2020 at 1:45 PM #142332 quote
    robertogozzi
    Moderator
    Master

    Post your code if you want help about it, instead of general examples.

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New position for a strategy.


ProOrder: Automated Strategies & Backtesting

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Fran55 @fran55 Participant
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This topic contains 6 replies,
has 2 voices, and was last updated by robertogozzi
5 years, 6 months ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 08/21/2020
Status: Active
Attachments: 3 files
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