Preventing re-entry
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I’m sure this will be simple for any of the experts on here, so if you could spare a minute I’d be very grateful…
I have a program that only enters trades in pre-defined time zones. I want it to only enter once during each time zone. I’ve tried very hard to read the manual and understand ONCE statements but I can’t seem to make them work. I also think there might be a simple solution to make my “entered=1” flag work at the right times, without needing a ONCE.
I’ve attached a screengrab of what my entered flag is currently doing. In short, I want “entered” to remain at 1 until the end of the current time zone (in this case, until 100600). It currently dips to zero once the first entry is finished and allows another entry, which I don’t want. Or alternatively I’d be happy for it to remain at 1 and be reset by the new time zone (in this case, 155200).
Any ideas?
DEFPARAM CumulateOrders = False daystart= 060000 dayend= 160000 longentry1= close crosses over SuperTrend[1.5,34] shortentry1= close crosses under SuperTrend[1.5,34] longexit1= close crosses under SuperTrend[1.5,34] shortexit1= close crosses over SuperTrend[1.5,34] tue1start=000000 tue1end=004200 tue2start=035200 tue2end=044000 tue3start=091800 tue3end=100600 tue4start=155200 tue4end=164000 tue5start=184600 tue5end=193400 tue6start=000000 tue6end=000034 tue7start=0 tue7end=0 tue8start=0 tue8end=0 wed1start=001200 wed1end=001000 wed2start=065000 wed2end=073800 wed3start=081200 wed3end=085800 wed4start=094600 wed4end=103400 wed5start=150400 wed5end=155200 wed6start=182800 wed6end=191600 wed7start=220800 wed7end=224800 wed8start=0 wed8end=0 entered=0 tuesday=0 wednesday=0 timezone=0 if onmarket then entered=1 endif if time >= daystart and time <= dayend then timezone=1 endif if timezone=1 then if time >=tue1start and time <=tue1end or time >=tue2start and time <=tue2end or time >=tue3start and time <=tue3end or time >=tue4start and time <=tue4end or time >=tue5start and time <=tue5end or time >=tue6start and time <=tue6end or time >=tue7start and time <=tue7end or time >=tue8start and time <=tue8end then tuesday=1 endif if not entered=1 and opendayofweek=2 and tuesday=1 and longentry1 then BUY 1 PERPOINT AT MARKET entered=1 endif endif if timezone=1 then if time >=tue1start and time <=tue1end or time >=tue2start and time <=tue2end or time >=tue3start and time <=tue3end or time >=tue4start and time <=tue4end or time >=tue5start and time <=tue5end or time >=tue6start and time <=tue6end or time >=tue7start and time <=tue7end or time >=tue8start and time <=tue8end then tuesday=1 endif if not entered=1 and opendayofweek=2 and tuesday=1 and shortentry1 then Sellshort 1 PERPOINT AT MARKET entered=1 endif endif if timezone=1 then if time >=wed1start and time <=wed1end or time >=wed2start and time <=wed2end or time >=wed3start and time <=wed3end or time >=wed4start and time <=wed4end or time >=wed5start and time <=wed5end or time >=wed6start and time <=wed6end or time >=wed7start and time <=wed7end or time >=wed8start and time <=wed8end then wednesday=1 endif if not entered=1 and wednesday=1 and opendayofweek=3 and longentry1 then BUY 1 PERPOINT AT MARKET entered=1 endif endif if timezone=1 then if time >=wed1start and time <=wed1end or time >=wed2start and time <=wed2end or time >=wed3start and time <=wed3end or time >=wed4start and time <=wed4end or time >=wed5start and time <=wed5end or time >=wed6start and time <=wed6end or time >=wed7start and time <=wed7end or time >=wed8start and time <=wed8end and opendayofweek=3 then wednesday=1 endif if wednesday=1 and not entered=1 and opendayofweek=3 and shortentry1 then Sellshort 1 PERPOINT AT MARKET entered=1 endif endif if longonmarket and longexit1 then sell at close stop endif if shortonmarket and shortexit1 then exitshort at close stop endif graph enteredRoberto,
I’ve tried to follow your instructions but I still can’t get it right. I’ve simplified the code to be just one time zone so it is easier for us to understand.
As you can see from the screengrab, tueflag1 correctly becomes 1 at the beginning of the time zone and then correctly becomes 0 when I enter the market. But the problem is that the flag resets itself to 1 on the next bar. How can I stop the flag reseting itself to 1?
DEFPARAM CumulateOrders = False daystart= 000000 dayend= 160000 longentry1= close crosses over SuperTrend[1.5,34] shortentry1= close crosses under SuperTrend[1.5,34] longexit1= close crosses under SuperTrend[1.5,34] shortexit1= close crosses over SuperTrend[1.5,34] tue1start=041200 tue1end=052600 if intradaybarindex=0 then tueflag1=0 endif if time >= daystart and time <= dayend then timezone=1 endif if timezone=1 then if time >=tue1start and time <=tue1end and opendayofweek=2 then tueflag1=1 endif endif if not onmarket and tueflag1=1 and longentry1 then BUY 1 PERPOINT AT MARKET tueflag1=0 endif if not onmarket and tueflag1=1 and shortentry1 then Sellshort 1 perpoint at market tueflag1=0 endif if longonmarket and longexit1 then sell at close stop endif if shortonmarket and shortexit1 then exitshort at close stop endif graph tueflag1
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Topic Details
| Forum: | ProOrder: Automated Strategies & Backtesting |
| Language: | English |
| Started: | 01/30/2020 |
| Status: | Active |
| Attachments: | 2 files |
