Pause Bot after hitting 1% Per Day

• 10/25/2021 at 3:03 PM #180324
  fxhunter183

  Dear all,

  I have 2 questions and I hope I’ve posted them in the right place.

  1. I’ve just started using the Wizard to create a very simple trading bot and I am in the midst of going through the Training Program (Part 1).
     I would like to seek your opinions if I should pay $95 to proceed with the advanced program course or are there any other sources of information that can help me further build my system?
  2. I would like my current trading system to stop/pause trading for the day once it hit a 1% target return per day on capital and continue after a stipulated time. Is this doable in ProRealTime and could someone advice any source code for this?

  Thank you for your time.
  Learning in Progress…

   

  

  fxhunter183

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  10/25/2021 at 4:03 PM #180327
  robertogozzi

  I don’t know that corse. Actually I don’t know of any course.

  You know your current level and have read any description, so I thinkyou may decide. Maybe someone who has taken that course may help you further.

  As for the code, there you go:

  ONCE MyCapital = 10000 //10000 units of your account ONCE PerCent = 1 //1% ONCE TradeON = 1 ONCE MyProfit = 0 ONCE MyLimit = MyCapital * PerCent / 100 IF IntraDayBarIndex = 0 THEN TradeON = 1 //enable trading each new day MyProfit = StrategProfit ENDIF IF (StrategyProfit - MyProfit) >= MyLimit THEN TradeON = 0 //disable trading after earning PerCent ENDIF MyLongConditions = Not OnMarket AND close CROSSES OVER Average[10,0](close) IF MyLongConditions AND TradeON THEN BUY 1 Contract at Market SET STOP pLOSS 20 SET TARGET pPROFIT 60 ENDIF

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18

  ONCE MyCapital = 10000    //10000 units of your account ONCE PerCent   = 1        //1% ONCE TradeON   = 1 ONCE MyProfit  = 0 ONCE MyLimit   = MyCapital * PerCent / 100 IF IntraDayBarIndex = 0 THEN    TradeON  = 1                   //enable trading each new day    MyProfit = StrategProfit ENDIF IF (StrategyProfit - MyProfit) >= MyLimit THEN    TradeON = 0                    //disable trading after earning PerCent ENDIF MyLongConditions = Not OnMarket AND close CROSSES OVER Average[10,0](close) IF MyLongConditions AND TradeON THEN    BUY 1 Contract at Market    SET STOP   pLOSS   20    SET TARGET pPROFIT 60 ENDIF

   

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  fxhunter183

  

  robertogozzi

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  10/25/2021 at 4:14 PM #180330
  fxhunter183

  Thank you.
  Apologies, can I trouble you to explain this part of the code? Is this a code instruct a buy order with stop loss at 20 pips and profit at 60 pips?

  MyLongConditions = Not OnMarket AND close CROSSES OVER Average[10,0](close)

  IF MyLongConditions AND TradeON THEN

     BUY 1 Contract at Market

     SET STOP   pLOSS   20

     SET TARGET pPROFIT 60

  ENDIF

  

  fxhunter183

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  10/25/2021 at 4:16 PM #180331
  PeterSt

  robertogozzi wrote:

  I don’t know that corse. Actually I don’t know of any course.

  Maybe you do … In the attachment shows one example. There are more to be found in the Market Place.

  fxhunter, if I were you I would start with this boat load of videos : https://www.prorealtime.com/en/videos_tutorial
  (but pick the ones you think you need)
  That should keep you busy. 🙂

   

  ---

  PS: There’s a small typo in Roberto’s example on line 8 :

  MyProfit = StrategProfit // should be MyProfit = StrategyProfit

  1 2 3

  MyProfit = StrategProfit // should be MyProfit = StrategyProfit

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  PeterSt

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  10/25/2021 at 4:20 PM #180333
  PeterSt

  fxhunter183 wrote:

  can I trouble you to explain this part of the code? Is this a code instruct a buy order with stop loss at 20 pips and profit at 60 pips?

  Lesson #1 : The code (any code) is called once per close of bar. The length of the bar (the TimeFrame) can be chosen by yourself. Thus if you have 5 minutes bars, this code is automatically executed each start of a next 5 minute frame.

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  PeterSt

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  10/25/2021 at 4:21 PM #180335
  fxhunter183

  Thank you.

  Actually I was referring to this,, https://www.prorealcode.com/courses/prorealtime-advanced-programming/ because i would like to learn how to code what I would like to see in the system.
  In the event, I give up, I am ready to do this.  https://www.prorealcode.com/trading-programming-services/

  Thanks for clarifying the typo.

  haha! :):):)

  

  fxhunter183

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  10/25/2021 at 4:43 PM #180344
  PeterSt

  fxhunter183 wrote:

  Actually I was referring to this,, https://www.prorealcode.com/courses/prorealtime-advanced-programming/ because i would like to learn how to code what I would like to see in the system.

  Haha, yes, that is the same as the one I referred to. The author is the same as the person hosting this website (Nicolas) so it is always advisable (says me).
  But those videos I linked to are also from him … as far as I know …

  And if everybody starts to follow such courses, Roberto may have some more free time. 🙂
  (although it will be what he likes to do – pulling all those coding examples from his sleeve)

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  PeterSt

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  10/25/2021 at 4:54 PM #180348
  fxhunter183

  PeterSt wrote:

  fxhunter183 wrote:

  Actually I was referring to this,, https://www.prorealcode.com/courses/prorealtime-advanced-programming/ because i would like to learn how to code what I would like to see in the system.

  Haha, yes, that is the same as the one I referred to. The author is the same as the person hosting this website (Nicolas) so it is always advisable (says me).

  But those videos I linked to are also from him … as far as I know …

  And if everybody starts to follow such courses, Roberto may have some more free time. 🙂

  (although it will be what he likes to do – pulling all those coding examples from his sleeve)

  Great. I’m gonna go through that.
  I’m starting clueless…… long road ahead.

  

  fxhunter183

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  11/01/2021 at 3:18 AM #180711
  fxhunter183

  Hi there,

  I need some help with the code to pause the trading bot for the day once 2 Stop limit is hit within 1 trading day.
  I did find the something relevant but i don’t think that’s really want i need. https://www.prorealcode.com/topic/pause-system-after-2-losses/

  Let me know if i should have started a new thread for this.

  Just to confirm my understanding, codes to pause the trades after hitting 1% and after hitting 2 stop limit, should be placed before the buy/sell conditions since systems read codes sequentially?

  

  fxhunter183

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  11/01/2021 at 10:33 AM #180736
  robertogozzi

  This exactly the code you need https://www.prorealcode.com/topic/pause-system-after-2-losses/#post-173516

   

  

  robertogozzi

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