Retain Buy/Sell condition

• 01/20/2022 at 6:06 PM #186107
  SVK

  Hi All,

  again I’m turning to you knowledgable folks for a small help.

  I have attempted to do it myself but I’m getting nowhere unfortunately.
  Threads I have reviewed:
  https://www.prorealcode.com/topic/how-to-keep-a-condition-active-for-more-than-one-bar/

  https://www.prorealcode.com/topic/wait-for-x-bars-before-entry/

  https://www.prorealcode.com/topic/x-bars-in-a-row-code/

  I’m looking for a code which will retain the trigger point but will delay it for 1 or 2 bars and will execute trade only if we are still in downtrend or uptrend.

   

  Price crosses under the 200MA – trigger bar (#1)

  Code retains this information but doesn’t execute the order on next bar(#2).

  When second bar(#3) since trigger opens it needs to check if previous bar(#2) closed below bar (#1 trigger bar).

  If bar #2 didn’t close below bar #1 then order is cancelled.

  If bar #2 closed below bar#1 then order is executed on bar#3.

  First photo is the situation I’m trying to avoid.

  Second photo is a succesfull trade execution.

   

  Thank you very much for your help

  

  SVK

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  01/20/2022 at 6:38 PM #186113
  PeterSt

   

  Once PostPone = 0 Once BuyingConditionsAreSet = 0 Once AllMyBuyingConditionsMeet = 0 It Not BuyingConditionsAreSet then // Sort out Buying Conditions here. If they are met, end with : BuyingConditionsAreSet = 1 AllMyBuyingConditionsMeet = 1 endif If AllMyBuyingConditionsMeet then PostPone = 2 Endif [...] If AllMyBuyingConditionsMeet then If not OnMarket and PostPone = 0 then Buy xyz Shares At Market BuyingConditionsSet = 0 // Reset. AllMyBuyingConditionsMeet = 0 // Reset. ElsIf Not OnMarket and PostPone > 0 then PostPone = PostPone -1 // Now wait for the next call. 2 actually. endif endif // BuyingConditionsSet and AllMyBuyingConditionsMeet seem redundant (do the same) // but "underway" at downcounting PostPone, you may feel that conditions are // not right anymore (the 3 of 1-2-3 never occurs), meaning that the conditions // have been "set" all right, but you won't Enter. On the other hand, once // you have definitely set the conditions, you may not want to look back and // just wait 2 bars regardless. So it is a bit how you want all happening.

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  Once PostPone = 0 Once BuyingConditionsAreSet = 0 Once  AllMyBuyingConditionsMeet = 0   It Not BuyingConditionsAreSet then   // Sort out Buying Conditions here. If they are met, end with :     BuyingConditionsAreSet = 1   AllMyBuyingConditionsMeet = 1 endif   If AllMyBuyingConditionsMeet then   PostPone = 2 Endif   [...]   If AllMyBuyingConditionsMeet then     If not OnMarket and PostPone = 0 then     Buy xyz Shares At Market     BuyingConditionsSet = 0         // Reset.     AllMyBuyingConditionsMeet = 0   // Reset.   ElsIf Not OnMarket and PostPone > 0 then     PostPone = PostPone -1  // Now wait for the next call. 2 actually.   endif   endif   // BuyingConditionsSet and AllMyBuyingConditionsMeet seem redundant (do the same) // but "underway" at downcounting PostPone, you may feel that conditions are // not right anymore (the 3 of 1-2-3 never occurs), meaning that the conditions // have been "set" all right, but you won't Enter. On the other hand, once // you have definitely set the conditions, you may not want to look back and // just wait 2 bars regardless. So it is a bit how you want all happening.

  SVK, If you require a fully working code, then this is not for me. In that case the above may be helpful for others.
  It is not that exciting. But when to reset and why, could be (very much).

  Regards,
  Peter

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  SVK

  

  PeterSt

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  01/20/2022 at 7:42 PM #186122
  JS

  Hi @SVK

   

  Retain Buy Sell Condition

  DefParam CumulateOrders = False S1 = Close S2 = Average[200](Close) Cond1 = S1[1] Crosses Over S2[1] Cond2 = S1 > S1[1] Cond3 = S1[1] Crosses Under S2[1] Cond4 = S1 < S1[2] If Cond1 and Cond2 then Buy 1 contract at market EndIf If Cond3 and Cond4 then SellShort 1 contract at market EndIf

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  DefParam CumulateOrders = False   S1 = Close S2 = Average[200](Close)   Cond1 = S1[1] Crosses Over S2[1] Cond2 = S1 > S1[1] Cond3 = S1[1] Crosses Under S2[1] Cond4 = S1 < S1[2]   If Cond1 and Cond2 then Buy 1 contract at market EndIf   If Cond3 and Cond4 then SellShort 1 contract at market EndIf

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  SVK

  

  JS

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  01/20/2022 at 7:51 PM #186125
  JS

  Edit line 9 : Cond4 = S1 < S1[1]

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  SVK

  

  JS

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