Hallo,

in my script below the exit doesn’t work correct and I don’t know exactly the reason. The main problem is that a position closes everytime at the next bar, except for the last open position. The script should be some kind of template, in which I can easy change conditions like longentry, stop etc..

Important:

• Test parameters should be defined in the input section
• Only one position at the same time
• longentry and shortentry are just an example – It should be possible to change these inputs easily
• In this script longexit and shortexit is fixed depending on bars- If longentry and shortentry triggers, I want to keep the position oben for several bars.
• The other inputs like stop, take profit, direction, position size and date should remain and work in each case.

Why is the position open for only one bar even if I define nrbars = 10?

Thanks and best regards

//////////
//Input
//////////
//Timeframe defined by Chart-Timeframe

//Cumulation and Chart History
defparam cumulateorders = false
defparam preloadbars = 1000 //Start and End Date below must fit in Chart History - Choose large enough Chart History

//Direction
Dir = 1 //Long = 1; Short = 2; Both = 3

//Positionsize
positionsize = 1 //Size for Contracts/Shares/Lots(Standard Lot)

//Amount of Bars for Test
nrbars = 10

//Long/Short Condition
longentry = close > close[1]
longexit = tradeindex + barindex[nrbars]

shortentry = close < close[1]
shortexit = tradeindex + barindex[nrbars]

//Start and End Date
startdate = 20190201 //YYYYMMDD
enddate = 20190330

//StopLoss and ProfitTarget
stopuse = 1 //Stoploss = 1; Trailingstop = 2; No Stop = 3
profituse = 2 //Take profit = 1; No Take profit = 2
stoploss = 10
trailingstop = 10
takeprofit = 25

//////////
//Calculation
//////////
//Direction
if dir=1 then
lentry = longentry
lexit = longexit
elsif dir = 2 then
sentry = shortentry
sexit = shortexit
elsif dir = 3 then
lentry = longentry
lexit = longexit
sentry = shortentry
sexit = shortexit
endif

//Stop Type
if stopuse = 1 then
stoptype = stoploss
elsif stopuse = 2 then
stoptype = trailingstop
elsif stopuse = 3 then
stoptype = undefined
endif

//Take Profit
if profituse = 1 then
profittype = undefined
elsif profituse = 2 then
profittype = takeprofit
endif

//Trade Execution dependig on Date
if date >= startdate and date <= enddate then
if not onmarket and lentry then
buy positionsize contract at market
endif
if not onmarket and sentry then
sellshort positionsize contract at market
endif

//Exit Position
if longonmarket and lexit then
sell at market
endif
if shortonmarket and sexit then
exitshort at market
endif

//Set Stop and ProfitTarget
set stop loss stoptype
set target profit profittype

endif