New position with similar conditions only when the first position take breakeven

• 08/16/2020 at 7:38 AM #141710
  Fran55

  I have a position, i want you to another position when the same conditions are met, but only if the first position has breakeven.

  

  Fran55

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  08/16/2020 at 7:51 AM #141712
  robertogozzi

  Only if the first one closed at breakeven (no profit at all)?

  

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  08/16/2020 at 10:04 AM #141716
  kaq52

  Fran55, could you please elaborate bit more?

  Are you saying something like:

  • Open first position
  • When it has reached a profit of x points, move stoploss of first position to breakeven and open second position with similar conditions as position 1.

  If this indeed is the case, there is a very nice grid strategy here which can be customised to your needs:  https://www.prorealcode.com/topic/grid-orders-with-one-combined-stop-loss-and-limit-can-it-be-done/

  If something else, please explain.

   

   

   

  

  kaq52

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  08/16/2020 at 11:33 AM #141720
  Fran55

  The page no found kaq52.

   

  Please…Open other position with conditions, if the first position is on market and breakeven.

  

  Fran55

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  08/16/2020 at 12:08 PM #141721
  kaq52

  Breakeven with second position

  defparam CUMULATEORDERS = TRUE Once OpenPositions=0 Ordersize = 1 //amend to reflect how many postions you want each time // Conditions to enter long positions IF Not LongOnmarket and YourConditions THEN //specify your buy conditions BUY Ordersize CONTRACTS AT MARKET SL = YourStopLoss //specify your original stop loss OpenPositions = Ordersize ENDIF // Conditions to exit long positions If (OpenPositions=OrderSize) AND YourConditions THEN //Opening Second position and updating stoploss Once SL = positionPrice //this moves your stoploss to position-1 buyprice //remove keyword "Once" if yuo want both positions to be at breakeven. That is, stoploss will be between buying prices of position1 and Position2, BUY Ordersize CONTRACTS AT MARKET ENDIF <Specify Conditions to exit long positions> set stop ploss SL

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  defparam CUMULATEORDERS = TRUE Once OpenPositions=0 Ordersize = 1 //amend to reflect how many postions you want each time   // Conditions to enter long positions IF  Not LongOnmarket and YourConditions THEN //specify your buy conditions BUY Ordersize CONTRACTS AT MARKET SL = YourStopLoss //specify your original stop loss OpenPositions = Ordersize ENDIF       // Conditions to exit long positions If  (OpenPositions=OrderSize) AND YourConditions THEN //Opening Second position and updating stoploss Once SL = positionPrice //this moves your stoploss to position-1 buyprice //remove keyword "Once" if yuo want both positions to be at breakeven. That is, stoploss will be between buying prices of position1 and Position2,   BUY Ordersize CONTRACTS AT MARKET ENDIF   <Specify  Conditions to exit long positions>   set stop ploss SL

  Similarly amend for short conditions.

   

  I know there is an issue on copied links to work, so you couldn’t access above. Hopefully someone can advise how to access above link.

  

  kaq52

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  08/16/2020 at 12:09 PM #141722
  robertogozzi

  The outcome of the last closed position is returned by PositionPerf(1), so you just need to check it was 0:

  If MyConditions and Not OnMarket and PositionPerf(1) = 0 then . . Buy/Sellshort....... . Endif

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  If MyConditions and Not OnMarket and PositionPerf(1) = 0 then . . Buy/Sellshort....... . Endif

   

  

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  08/16/2020 at 4:33 PM #141749
  Fran55

  No valid… Thanks!

  See…

  The second position only open if the first position is on market and gain 0.6% or + and conditions.

  

  Fran55

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  08/16/2020 at 4:54 PM #141751
  robertogozzi

  This to accumulate a position after a 0.6% increase:

  If MyConditions AND ((PositionPerf * 100) >= 0.6) then . . Buy/Sellshort....... . Endif

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  If MyConditions AND ((PositionPerf * 100) >= 0.6) then . . Buy/Sellshort....... . Endif

   

  

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  08/16/2020 at 6:44 PM #141759
  Fran55

  Ok.

  And open new position after 0.6% increase at close bar 5 minutes?

  Please.

  

  Fran55

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  08/16/2020 at 6:48 PM #141760
  robertogozzi

  Yes, if you use a 5-minute TF it will add a position when that bar closes.

  

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  08/16/2020 at 7:36 PM #141765
  Fran55

  And two or three máximum accumulated positions???

  Please!

  

  Fran55

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  08/16/2020 at 9:32 PM #141781
  robertogozzi

  There you go:

  If MyConditions AND (abs(Countofposition) < 3) Then . . Buy/Sellshort....... . Endif

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  If MyConditions AND (abs(Countofposition) < 3) Then . . Buy/Sellshort....... . Endif

   

  

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  04/22/2021 at 3:10 PM #167796
  Jigsaw20000

  Hello, I tried the following code without success, the second position does not execute:

  If Not Longonmarket and CtimeAchat1 AND CaMom1bis AND CaMom2bis AND CaLoc4bis AND CaLoc5bis AND CaFig6bis AND CaFig7bis and CaWillA2 THEN BUY n SHARES AT MARKET set target %profit takeprofitbis set stop loss Stoplossbis ptrailing 46 ENDIF If longonmarket and ((positionperf*100)>=x1) AND (abs(Countofposition)<3) AND CtimeAchat1 AND CaMom1 AND CaMom2 AND CaLoc4 AND CaLoc5 AND CaFig6 and CaWillA1 THEN Buy n shares at market set target %profit takeprofit set stop loss Stoploss ptrailing 50 endif

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  If Not Longonmarket and CtimeAchat1 AND CaMom1bis AND CaMom2bis AND CaLoc4bis AND CaLoc5bis AND CaFig6bis AND CaFig7bis and CaWillA2 THEN BUY n SHARES AT MARKET set target %profit takeprofitbis set stop loss Stoplossbis ptrailing 46 ENDIF If longonmarket and ((positionperf*100)>=x1) AND (abs(Countofposition)<3) AND CtimeAchat1 AND CaMom1 AND CaMom2 AND CaLoc4 AND CaLoc5 AND CaFig6 and CaWillA1 THEN Buy n shares at market set target %profit takeprofit set stop loss Stoploss ptrailing 50 endif

  Bearing, independently, the positions run normally.

  Could you help me ?

  

  Jigsaw20000

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  04/22/2021 at 4:09 PM #167802
  robertogozzi

  @Jigsaw20000

  Try to abide by the basic rules, as highlighted in yellow below:

  • Always use the ‘Insert PRT Code’ button when putting code in your posts to make it easier for others to read.
  • Only post in the language of the forum that you are posting in. For example English only in the English speaking forums and French only in the French speaking forums.

  Thank you 🙂

   

  

  robertogozzi

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  04/22/2021 at 4:15 PM #167804
  robertogozzi

  Try GRAPHing as many variables as possible to spot any issue:

  Graph N Graph ((positionperf*100)>=x1) Graph (abs(Countofposition)<3) Graph .....

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  Graph N Graph ((positionperf*100)>=x1) Graph (abs(Countofposition)<3) Graph .....

   

  

  robertogozzi

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