New position for a strategy.

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

  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.

  

  Fran55

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

  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

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  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

   

  

  robertogozzi

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  08/23/2020 at 9:32 AM #142299
  Fran55

  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.

   

  

  Fran55

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  08/23/2020 at 10:34 AM #142305
  robertogozzi

  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

  1	IF ((MyConditions AND (Countofposition = 0)) OR PriceFall) AND AddPosition AND Not ShortOnMarket THEN

   

  

  robertogozzi

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  08/23/2020 at 11:06 AM #142310
  Fran55

  Jjhajjjaaa!!!

   

  Sorry Roberto!

  

  Fran55

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

  No function.

  

  Fran55

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  08/23/2020 at 1:45 PM #142332
  robertogozzi

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

  

  robertogozzi

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