Add position when price drops 0.3%

• 01/05/2020 at 2:05 PM #115923
  Fran55

  I have a position bought, and i want when the price drops by 0.3% to buy another position.

  Ive tried this code and the like but they dont work.

  

  Fran55

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  01/05/2020 at 2:19 PM #115926
  Vonasi

  I’ve changed your topic title as your title was meaningless. Please use topic titles that actually mean something in your future topics.

  Also post the actual code using the ‘Insert PRT Code’ button rather than post a screenshot as that makes it much easier for others to help you.

  Your percentage calculation is incorrect. A 0.3% drop would be:

  drop = 0.3 if longonmarket and close <= positionprice * (1-(drop/100))

  1 2	drop = 0.3 if longonmarket and close <= positionprice * (1-(drop/100))

   

  

  Vonasi

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  01/05/2020 at 3:16 PM #115932
  Fran55

  Ok Vonasi, thanks!!!

  Other question:

  If i want two positions?

  The first position when price go down 0.3%, and the second position when price go down 1%.

  Complete Code please… And more thanks!!!

  

  Fran55

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  01/05/2020 at 3:20 PM #115934
  Vonasi

  Use COUNTOFPOSITION in your conditions. If it equals 0.5 then you have one position open. If it equals 1 then you have 2 x 0.5 long positions open.

  

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  01/05/2020 at 3:27 PM #115936
  Fran55

  WoW!!!

  You are fast and furious!!!

   

  So mucho thanks!!!

  

  Fran55

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  01/05/2020 at 9:02 PM #115966
  Fran55

  Hi!!!

   

  Ive Tried several ways and i cant find the right way.

  IF CONDBUY THEN ONCE Positionsize = 0.5 buy positionsize contract at market SET TARGET %PROFIT 2 SET STOP %LOSS 1.3 ENDIF drop = 0.3 If longonmarket and close <= positionprice * (1-(drop/100)) THEN ENDIF

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  IF CONDBUY THEN ONCE Positionsize = 0.5 buy positionsize contract at market SET TARGET %PROFIT 2 SET STOP %LOSS 1.3 ENDIF drop = 0.3 If longonmarket and close <= positionprice * (1-(drop/100)) THEN ENDIF

   

   

  

  Fran55

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  01/05/2020 at 10:43 PM #115976
  Vonasi

  Vonasi wrote:

  Also post the actual code using the ‘Insert PRT Code’ button

  Hi!!! I’ve tidied up your post for you!!!

  

  Vonasi

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  01/05/2020 at 10:53 PM #115977
  Vonasi

  Positionsize = 0.5 IF CONDBUY THEN buy positionsize contracts at market ENDIF If countofposition = positionsize and close <= positionprice * (1 - 0.003) THEN buy positionsize contracts at market firstprice = positionprice ENDIF If countofposition = positionsize * 2 and close <= firstprice * (1 - 0.01) THEN buy positionsize contracts at market ENDIF SET TARGET %PROFIT 2 SET STOP %LOSS 1.3

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  Positionsize = 0.5   IF CONDBUY THEN buy positionsize contracts at market ENDIF   If countofposition = positionsize and close <= positionprice * (1 - 0.003) THEN buy positionsize contracts at market firstprice = positionprice ENDIF   If countofposition = positionsize * 2 and close <= firstprice * (1 - 0.01) THEN buy positionsize contracts at market ENDIF   SET TARGET %PROFIT 2 SET STOP %LOSS 1.3

   

  

  Vonasi

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  01/06/2020 at 9:49 AM #115997
  Fran55

  Hi boys!!!

  The Code is good… But i have new problems.

  The system of trailing stop only Affect to the first position, the idea is Affect to all positions.

  I go Up one post of code today.

   

  

  Fran55

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  01/06/2020 at 11:28 AM #116021
  Vonasi

  There is no trailing stop in your code?

  If you open several positions then it is easy to treat them as a whole. That is combined number of contracts at the average bought price. If we wanted to code separate trailing stops for every individual time a position is opened then we would need to store a lot of individual information about each position. Arrays (which we don’t currently have in PRT) would be useful for this but without them we would have to run individual trailing stop codes for each open position. Possible for a limited number of open positions but not the work of a moment. I’ve not found much or any benefit to trailing stops so I’ll leave coding that to someone else rather than spend lots of time on something that I’ll never use!

  

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  01/06/2020 at 12:03 PM #116026
  Fran55

  Yes, is this the problem…

  The first operation: stop 1.3% and profit 2%.

  The second operation: stop 1% and profit 2.3%.

  The third operation: stop 0.3% and profit 3%.

  And for all positions the same trailing stop.

   

  

  Fran55

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  01/08/2020 at 7:48 PM #116238
  Fran55

   

  Code of stops and profits for three positions... and code of trailing stop

  //Tamaño, Profit y Stop de la posicion Positionsize = 0.5 IF CONDBUY THEN buy positionsize contract at market SET TARGET %PROFIT 2 SET STOP %LOSS 1.3 ENDIF If countofposition = positionsize and close <= positionprice * (1 - 0.003) THEN Buy positionsize contract at market firstprice = positionprice SET TARGET %PROFIT 2.3 SET STOP %LOSS 1 ENDIF If countofposition = positionsize * 2 and close <= firstprice * (1 - 0.01) THEN Buy positionsize contract at market SET TARGET %PROFIT 3 SET STOP %LOSS 0.3 ENDIF //TRAILING STOP //Variables de trailing stop once enablets=1 once displayts=0 if enablets then once steps=0.05 once minatrdist=3.3 once atrtrailingperiod = 25 // atr parameter value once minstop = 0 // minimum trailing stop distance if barindex=tradeindex then trailingstoplong = 5.1 // trailing stop atr relative distance trailingstopshort = 5 // trailing stop atr relative distance elsif prezzouscita>0 then if longonmarket then if trailingstoplong>minatrdist then if prezzouscita>prezzouscita[1] then trailingstoplong=trailingstoplong else trailingstoplong=trailingstoplong-steps endif else trailingstoplong=minatrdist endif endif if shortonmarket then if trailingstopshort>minatrdist then if prezzouscita<prezzouscita[1] then trailingstopshort=trailingstopshort else trailingstopshort=trailingstopshort-steps endif else trailingstopshort=minatrdist endif endif endif // atrtrail=averagetruerange[atrtrailingperiod]((close/10)*pipsize)/1000 trailingstartl=round(atrtrail*trailingstoplong) trailingstarts=round(atrtrail*trailingstopshort) tgl=trailingstartl tgs=trailingstarts // if not onmarket or ((longonmarket and shortonmarket[1]) or (longonmarket[1] and shortonmarket)) then//or (longonmarket and condsell) or (shortonmarket and condbuy) then maxprice=0 minprice=close prezzouscita=0 endif // if longonmarket then//and not condsell then maxprice=max(maxprice,close) if maxprice-tradeprice(1)>=tgl*pointsize then if maxprice-tradeprice(1)>=minstop then prezzouscita=maxprice-tgl*pointsize else prezzouscita=maxprice-minstop*pointsize endif endif endif // if shortonmarket then//and not condbuy then minprice=min(minprice,close) if tradeprice(1)-minprice>=tgs*pointsize then if tradeprice(1)-minprice>=minstop then prezzouscita=minprice+tgs*pointsize else prezzouscita=minprice+minstop*pointsize endif endif endif // if onmarket and prezzouscita>0 then exitshort at prezzouscita stop sell at prezzouscita stop endif if displayts then graphonprice prezzouscita coloured(0,0,255,255) as "trailingstop atr" endif endif

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  //Tamaño, Profit y Stop de la posicion Positionsize = 0.5   IF CONDBUY THEN buy positionsize contract at market SET TARGET %PROFIT 2 SET STOP %LOSS 1.3 ENDIF If countofposition = positionsize and close <= positionprice * (1 - 0.003) THEN Buy positionsize contract at market firstprice = positionprice SET TARGET %PROFIT 2.3 SET STOP %LOSS 1 ENDIF If countofposition = positionsize * 2 and close <= firstprice * (1 - 0.01) THEN Buy positionsize contract at market SET TARGET %PROFIT 3 SET STOP %LOSS 0.3 ENDIF   //TRAILING STOP //Variables de trailing stop once enablets=1 once displayts=0 if enablets then once steps=0.05 once minatrdist=3.3 once atrtrailingperiod    = 25   // atr parameter value once minstop              = 0   // minimum trailing stop distance if barindex=tradeindex then trailingstoplong     = 5.1   // trailing stop atr relative distance trailingstopshort    = 5   // trailing stop atr relative distance elsif prezzouscita>0 then if longonmarket then if trailingstoplong>minatrdist then if prezzouscita>prezzouscita[1] then trailingstoplong=trailingstoplong else trailingstoplong=trailingstoplong-steps endif else trailingstoplong=minatrdist endif endif if shortonmarket then if trailingstopshort>minatrdist then if prezzouscita<prezzouscita[1] then trailingstopshort=trailingstopshort else trailingstopshort=trailingstopshort-steps endif else trailingstopshort=minatrdist endif endif endif // atrtrail=averagetruerange[atrtrailingperiod]((close/10)*pipsize)/1000 trailingstartl=round(atrtrail*trailingstoplong) trailingstarts=round(atrtrail*trailingstopshort) tgl=trailingstartl tgs=trailingstarts // if not onmarket or ((longonmarket and shortonmarket[1]) or (longonmarket[1] and shortonmarket)) then//or (longonmarket and condsell) or (shortonmarket and condbuy) then maxprice=0 minprice=close prezzouscita=0 endif // if longonmarket then//and not condsell then maxprice=max(maxprice,close) if maxprice-tradeprice(1)>=tgl*pointsize then if maxprice-tradeprice(1)>=minstop then prezzouscita=maxprice-tgl*pointsize else prezzouscita=maxprice-minstop*pointsize endif endif endif // if shortonmarket then//and not condbuy then minprice=min(minprice,close) if tradeprice(1)-minprice>=tgs*pointsize then if tradeprice(1)-minprice>=minstop then prezzouscita=minprice+tgs*pointsize else prezzouscita=minprice+minstop*pointsize endif endif endif // if onmarket and prezzouscita>0 then exitshort at prezzouscita stop sell at prezzouscita stop endif if displayts then graphonprice prezzouscita coloured(0,0,255,255) as "trailingstop atr" endif endif

  

  Fran55

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  01/08/2020 at 7:55 PM #116239
  Fran55

  Okay guys.

  What i have so far is this.

  I need trailing stop affect all 3 positions when they enter the market… now it only affect the first position.

  And only the first stop and profit of the first position works… i need the stops and profits of the other position to works.

  

  Fran55

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  01/08/2020 at 7:59 PM #116241
  Fran55

  These are the results go far in two years.

  Im sure youre not interested Vonasi???

   

  

  Fran55

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  01/09/2020 at 8:40 AM #116266
  Vonasi

  Every time your code reads a SET TARGET or SET STOP order it changes the exit orders for all open positions to the distance shown. To have different levels you need to place STOP and LIMIT orders at every bar close to partially close a position at different levels. Partial closure is not possible in live trading using PRT at the moment so this code could end up being a lot of work for no benefit.

  Your trailing stop code as it is will only trail a stop from the last opening position price.

  

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