Only one entry

• 09/26/2022 at 12:40 PM #201429
  Vogeltje

  Hello. Say I want to go long when a>b AND c>d. When both conditions are true I want only ONE entry which stops when take profit or stoploss is hit (or condition changes).
  Problem is: when profit or loss is hit the system goes long AGAIN on the next candle since still a>b AND c>d. I have been suggested to stop this by setting Trend=0 when in position, but I can’t get a code wright for “position means Trend=0”. Also ONMARKET or NOTONMARKET are suggested, but I do not find these in the syntax, I get no results when using these words in the code.
  For example, I tried this code but the part “AND Trend=0” is rejected….
  (sorry for the Dutch in the code 🙂 )

  // Opstapelen posities gedeactiveerd DEFPARAM CumulateOrders = False // Definitie mijnMACD MMsnel = exponentialAverage[12](close) MMlangzaam = exponentialAverage[26](close) mijnMACD = MMsnel - MMlangzaam //Definitie RSI opwaarts = max(0, close - close[1]) neerwaarts = max(0, close[1] - close) mmopwaarts = wilderAverage[14](opwaarts) mmneerwaarts = wilderAverage[14](neerwaarts) RS = mmopwaarts / mmneerwaarts mijnRSI = 100 - 100 / (1 + RS) //Longtrend, shorttrend IF mijnMACD > 0 AND mijnRSI > 50 THEN Trend = 1 ELSIF mijnMACD < 0 AND mijnRSI < 50 THEN Trend = -1 ELSE Trend = 0 ENDIF //Condities c1 = Trend = 1 c2 = Trend = -1 // Condities om long posities te openen IF c1 THEN BUY 1 SHARES AT MARKET AND Trend = 0 ENDIF // Condities om long posities te sluiten IF c2 THEN SELL AT MARKET AND Trend = 0 ENDIF // Condities om short posities te openen IF c2 THEN SELLSHORT 1 SHARES AT MARKET AND Trend = 0 ENDIF // Condities om short posities te sluiten IF c1 THEN EXITSHORT AT MARKET AND Trend = 0 ENDIF // Stops en targets SET STOP pLOSS 20 SET TARGET pPROFIT 15

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  // Opstapelen posities gedeactiveerd   DEFPARAM CumulateOrders = False         // Definitie mijnMACD   MMsnel = exponentialAverage[12](close)   MMlangzaam = exponentialAverage[26](close)   mijnMACD = MMsnel - MMlangzaam         //Definitie RSI   opwaarts = max(0, close - close[1])   neerwaarts = max(0, close[1] - close)   mmopwaarts = wilderAverage[14](opwaarts)   mmneerwaarts = wilderAverage[14](neerwaarts)   RS = mmopwaarts / mmneerwaarts   mijnRSI = 100 - 100 / (1 + RS)         //Longtrend, shorttrend   IF mijnMACD > 0 AND mijnRSI > 50 THEN   Trend = 1   ELSIF mijnMACD < 0 AND mijnRSI < 50 THEN   Trend = -1   ELSE   Trend = 0   ENDIF         //Condities   c1 = Trend = 1   c2 = Trend = -1         // Condities om long posities te openen   IF c1 THEN   BUY 1 SHARES AT MARKET AND Trend = 0   ENDIF         // Condities om long posities te sluiten   IF c2 THEN   SELL AT MARKET AND Trend = 0   ENDIF         // Condities om short posities te openen   IF c2 THEN   SELLSHORT 1 SHARES AT MARKET AND Trend = 0   ENDIF         // Condities om short posities te sluiten   IF c1 THEN   EXITSHORT AT MARKET AND Trend = 0   ENDIF   // Stops en targets   SET STOP pLOSS 20   SET TARGET pPROFIT 15

   

  

  Vogeltje

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  09/26/2022 at 4:30 PM #201448
  robertogozzi

  You cannot use conditions, nor instructuons, on the same line as BUY, SELL, SELLSHORT and EXITSHORT. Wrirte them on a separate line.
  Moreover, you do not need to exit an open position for a Stop & Reverse, simply execute the contrary instruction. BUY will close any open short postition, then start a LONG one, the other way round for SELLSHORT.

  // Opstapelen posities gedeactiveerd DEFPARAM CumulateOrders = False // Definitie mijnMACD MMsnel = exponentialAverage[12](close) MMlangzaam = exponentialAverage[26](close) mijnMACD = MMsnel - MMlangzaam //Definitie RSI opwaarts = max(0, close - close[1]) neerwaarts = max(0, close[1] - close) mmopwaarts = wilderAverage[14](opwaarts) mmneerwaarts = wilderAverage[14](neerwaarts) RS = mmopwaarts / mmneerwaarts mijnRSI = 100 - 100 / (1 + RS) //Longtrend, shorttrend IF mijnMACD > 0 AND mijnRSI > 50 THEN Trend = 1 ELSIF mijnMACD < 0 AND mijnRSI < 50 THEN Trend = -1 ELSE Trend = 0 ENDIF //Condities c1 = Trend = 1 c2 = Trend = -1 // Condities om long posities te openen IF c1 AND Not LongOnMarket THEN BUY 1 SHARES AT MARKET Trend = 0 ENDIF // Condities om short posities te openen IF c2 THEN SELLSHORT 1 SHARES AT MARKET Trend = 0 ENDIF // Stops en targets SET STOP pLOSS 20 SET TARGET pPROFIT 15

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  // Opstapelen posities gedeactiveerd DEFPARAM CumulateOrders = False // Definitie mijnMACD MMsnel = exponentialAverage[12](close) MMlangzaam = exponentialAverage[26](close) mijnMACD = MMsnel - MMlangzaam //Definitie RSI opwaarts = max(0, close - close[1]) neerwaarts = max(0, close[1] - close) mmopwaarts = wilderAverage[14](opwaarts) mmneerwaarts = wilderAverage[14](neerwaarts) RS = mmopwaarts / mmneerwaarts mijnRSI = 100 - 100 / (1 + RS) //Longtrend, shorttrend IF mijnMACD > 0 AND mijnRSI > 50 THEN Trend = 1 ELSIF mijnMACD < 0 AND mijnRSI < 50 THEN Trend = -1 ELSE Trend = 0 ENDIF //Condities c1 = Trend = 1 c2 = Trend = -1 // Condities om long posities te openen IF c1 AND Not LongOnMarket THEN BUY 1 SHARES AT MARKET Trend = 0 ENDIF // Condities om short posities te openen IF c2 THEN SELLSHORT 1 SHARES AT MARKET Trend = 0 ENDIF // Stops en targets SET STOP pLOSS 20 SET TARGET pPROFIT 15

  

  robertogozzi

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  09/26/2022 at 10:35 PM #201464
  Vogeltje

  OK Roberto, I understand the exit Long and exit short was not needed. Also I see you just simply put “Trend=0”. To me that is interesting, I was struggeling with conditions etc.

  But, sorry, I have to inform you that this solution is not working. The system still trades on EVERY candle. When I leave “Trend=0” out of the code, the result is exactly the same… also on every candle.

  

  Vogeltje

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  09/27/2022 at 11:50 AM #201477
  robertogozzi

  When do you want to restart trading AFTER one entry?

   

  

  robertogozzi

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  09/27/2022 at 3:24 PM #201490
  Vogeltje

  Hello Roberto. I want to go long (only once) when RSI >50 AND MACD reaches >50. Then the trade will run until a) RSI <50 OR b) MACD < 0 (this is now not in the code, but is just to give you the whole idea) OR b) stoploss is hit OR c) profit is hit. After this I only want to trade again when there is a NEW situation, a NEW opportunity:  RSI<50 and MACD<0 or a NEW situation where RSI>50 and MACD>0 again.
  I do not know if it is possible to code such a thing. I think ONMARKET/NOTONMARKET will not work because once the stop or te profit is hit the system will conclude: NOTONMARKET and immediately trade again…   Maybe something must de done with Trend = nr a+1 ? Thank you.

  

  Vogeltje

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  09/27/2022 at 4:54 PM #201505
  robertogozzi

  There you go:

  // Opstapelen posities gedeactiveerd DEFPARAM CumulateOrders = False ONCE LastTrade = 0 // Definitie mijnMACD MMsnel = exponentialAverage[12](close) MMlangzaam = exponentialAverage[26](close) mijnMACD = MMsnel - MMlangzaam //Definitie RSI opwaarts = max(0, close - close[1]) neerwaarts = max(0, close[1] - close) mmopwaarts = wilderAverage[14](opwaarts) mmneerwaarts = wilderAverage[14](neerwaarts) RS = mmopwaarts / mmneerwaarts mijnRSI = 100 - 100 / (1 + RS) //Longtrend, shorttrend IF mijnMACD > 0 AND mijnRSI > 50 THEN Trend = 1 ELSIF mijnMACD < 0 AND mijnRSI < 50 THEN Trend = -1 ELSE Trend = 0 ENDIF // Condities om long posities te openen IF Trend = 1 AND Not LongOnMarket AND LastTrade <> 1 THEN BUY 1 SHARES AT MARKET LastTrade = 1 ENDIF // Condities om short posities te openen IF Trend = -1 AND Not ShortOnMarket AND LastTrade <> 2 THEN SELLSHORT 1 SHARES AT MARKET LastTrade = 2 ENDIF // Stops en targets SET STOP pLOSS 20 //120 SET TARGET pPROFIT 15 //215 // //graph LastTrade

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  // Opstapelen posities gedeactiveerd DEFPARAM CumulateOrders = False ONCE LastTrade = 0 // Definitie mijnMACD MMsnel         = exponentialAverage[12](close) MMlangzaam     = exponentialAverage[26](close) mijnMACD       = MMsnel - MMlangzaam //Definitie RSI opwaarts       = max(0, close - close[1]) neerwaarts     = max(0, close[1] - close) mmopwaarts     = wilderAverage[14](opwaarts) mmneerwaarts   = wilderAverage[14](neerwaarts) RS             = mmopwaarts / mmneerwaarts mijnRSI        = 100 - 100 / (1 + RS) //Longtrend, shorttrend IF mijnMACD > 0 AND mijnRSI > 50 THEN    Trend = 1 ELSIF mijnMACD < 0 AND mijnRSI < 50 THEN    Trend = -1 ELSE    Trend = 0 ENDIF // Condities om long posities te openen IF Trend = 1 AND Not LongOnMarket AND LastTrade <> 1 THEN    BUY 1 SHARES AT MARKET    LastTrade = 1 ENDIF // Condities om short posities te openen IF Trend = -1 AND Not ShortOnMarket AND LastTrade <> 2 THEN    SELLSHORT 1 SHARES AT MARKET    LastTrade = 2 ENDIF // Stops en targets SET STOP   pLOSS   20  //120 SET TARGET pPROFIT 15  //215 // //graph LastTrade

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  Vogeltje

  

  robertogozzi

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  10/18/2022 at 1:57 PM #202781
  Vogeltje

  Thanks Roberto, this is really great!! I was looking for this for a longtime. (Sorry for late reaction, somehow I did not see the email). It is a simple code. I am even able to understand it!
  I have only one question: is the variable LastTrade something you made up (can one write Apple instead?)  or is it  Syntax? If so – it is not in my syntax….
  Thanks!

  

  Vogeltje

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  10/19/2022 at 5:50 AM #202812
  robertogozzi

  It’s not a keyword, so you can name it as best suits you, be itApple, Cat or A3. They cannot start with a digit and cannot have blanks and special characters embedded, though.

   

   

  

  robertogozzi

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  10/19/2022 at 12:56 PM #202828
  Vogeltje

  OK Clear Roberto. By the way: the line with Once is not necessary…

  

  Vogeltje

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