Resting Limit Orders: sell/buy at touch of MA

• 03/29/2020 at 7:02 AM #123772
  BamBamTrades

  Hi Guys,

  Looking for some coding help…. I’m interested in developing a code which:

  • Can be switched on / off for a chosen market
  • Once on, creates a limit order fixed to a moving average, limit to sell/buy at touch of MA +/- 1 tick/point.
  • Limit order to auto calculate trade size based on following factors: Account balance, risk %, 1 ATR ie:
    • Account balance eg 10,000
    • Risk 1% account balance ie 100
    • 1 ATR of market eg 580 points
    • Trade size = $10,000 * 1% = $100 / 580 points = 0.17 lots
  • Limit order will run until switched off, ie each day will recalculate the resting limit order based on today’s account balance, MA value and ATR value

  Is this possible in the ProRealtime autotrade environment?

  M

  

  BamBamTrades

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  09/24/2020 at 5:07 PM #145259
  robertogozzi

  There you go (for the Daily TF):

  DEFPARAM CumulateOrders = false TradeON = 1 //1=on, 0=off MinLotti= 0.5 //0.5 Minimun lot size Capital = 10000 Balance = Capital + StrategyProfit Risk = 1 //1% risk Offset = 1 * pipsize Entry = average[30,0](close) EntryL = Entry + Offset EntryS = Entry - Offset MyATR = AverageTrueRange[14](close) LotSize = max(MinLotti,(Balance * Risk / 100) / MyATR) IF OnMarket THEN Entry = 0 EntryL = 0 EntryS = 0 ENDIF IF Not OnMarket AND TradeON THEN IF close > EntryL THEN BUY LotSize CONTRACTS AT EntryL LIMIT ELSE BUY LotSize CONTRACTS AT EntryL STOP ENDIF IF close > EntryS THEN SELLSHORT LotSize CONTRACTS AT EntryS STOP ELSE SELLSHORT LotSize CONTRACTS AT EntryS LIMIT ENDIF ENDIF SET TARGET pPROFIT 300 SET STOP pLOSS 100

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  DEFPARAM CumulateOrders = false TradeON = 1                           //1=on,  0=off MinLotti= 0.5                         //0.5 Minimun lot size Capital = 10000 Balance = Capital + StrategyProfit Risk    = 1                           //1%  risk Offset  = 1 * pipsize Entry   = average[30,0](close) EntryL  = Entry + Offset EntryS  = Entry - Offset MyATR   = AverageTrueRange[14](close) LotSize = max(MinLotti,(Balance * Risk / 100) / MyATR) IF OnMarket THEN    Entry  = 0    EntryL = 0    EntryS = 0 ENDIF IF Not OnMarket AND TradeON THEN    IF close > EntryL THEN       BUY       LotSize CONTRACTS AT EntryL LIMIT    ELSE       BUY       LotSize CONTRACTS AT EntryL STOP    ENDIF    IF close > EntryS THEN       SELLSHORT LotSize CONTRACTS AT EntryS STOP    ELSE       SELLSHORT LotSize CONTRACTS AT EntryS LIMIT    ENDIF ENDIF SET TARGET pPROFIT 300 SET STOP   pLOSS   100

   

  

  robertogozzi

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