One order each day?

dajvop · 2016-08-29T05:06:00+00:00

Hello! I have been trying to limit my system to only 1 order each day but I haven’t figured out how to do it. Can someone please help me or point me in the right direction? Best regards, Dvid

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08/29/2016 at 6:06 AM #12358 quote

dajvop
Participant

Master

Hello!

I have been trying to limit my system to only 1 order each day but I haven’t figured out how to do it.

Can someone please help me or point me in the right direction?

Best regards,

Dvid

08/29/2016 at 6:13 AM #12361 quote

grizzly
Participant

Average

Clarify this:

Is it , 1 order & 1 execution ? or, 1 trade (buy and sell order executed) ? or even,

1 order & 1 non-execution ?

08/29/2016 at 6:20 AM #12362 quote

dajvop
Participant

Master

Sorry.

I mean 1 entry/day, not necessarily exit the same day, that depends on the market.

But, if exit the same day, then the system should not try to enter the market again.

I guess what I am looking for is some sort of counter.

If no entry today, then buy. If 1 entry today already, then no buy. I just don’t know how to put it into code.

08/29/2016 at 6:59 AM #12364 quote

grizzly
Participant

Average

What time frame are you coding it for ? Ill reply with the code

08/29/2016 at 7:10 AM #12365 quote

dajvop
Participant

Master

Presently I am looking at 15 minutes.

Thank you! That would be great!

08/29/2016 at 1:45 PM #12387 quote
grizzly
Participant

Average
Try this as an example :
```
DEFPARAM CumulateOrders = False

starttime = 090000
closetime = 170000

Rule1 = time > starttime and time < closetime and not onmarket[0] 
Rule1b = (barindex-tradeindex>=(4*15)) //4 x 15mins = 24hours
Rule2 = close>ExponentialAverage[200](close)
Rule3 = close<ExponentialAverage[200](close)

if Rule1 and Rule1b and Rule2 then
buy 2 contract at market
endif

if Rule1 and Rule1b and Rule3 then
sellshort 2 contract at market
endif

set stop ptrailing 100
```
08/29/2016 at 1:54 PM #12388 quote

dajvop
Participant

Master

Thank you very much! That works like a charm! 🙂

08/30/2016 at 11:05 AM #12459 quote

dajvop
Participant

Master

Well, it worked in backtests, but PRT won’t let me start the system in automatic trading: strategy.request.program.parsing.error.

I don’t know where the fault may be.

08/31/2016 at 8:35 AM #12511 quote

dajvop
Participant

Master

Exchanging TIME for CURRENTTIME worked instead:

Rule1 = currenttime > 090000 and currenttime < 170000 and not onmarket[0]
Rule1b = (barindex-tradeindex>=(4*15)) //4 x 15mins = 24hours

if rule1 and rule1b and … then

buy 1 contract at market

endif

08/31/2016 at 9:00 AM #12512 quote

chris
Participant

Junior

hi

could you explain what rule 1b does or how it works? Is it the number of bars since the last trade >= 60?

thanks

Chris

08/31/2016 at 10:11 AM #12517 quote

dajvop
Participant

Master

Hi Chris,

Yes, I believe so.

08/31/2016 at 11:26 AM #12520 quote
grizzly
Participant

Average
Correction it should be 4lots x 15mins x 24hours :
```
Rule1b = (barindex-tradeindex>=(4*24)) //4 x 15mins = 1 hour x 24hours = 1 day 
```
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