RobertoGozzi Trail – Stops trailing

• 09/23/2021 at 7:17 AM #178142
  murre87

  Hi.
  There are so many great snippets here.
  I use

  RobertoGozzi TS with cumulative orders

  but i need help.
  It starts trailing until in profit but then stops trailing.

  Would it be posible to follow the highest candle (bar position) with X-distance.
  Se my attached picture

  RobertoGozzi Trail

  IF MyCOndition THEN BUY PositionSize CONTRACTS AT MARKET SET STOP %LOSS 1 set target %profit 2 ENDIF trailingstopRTS=trail //RobertoGozzi TS with cumulative orders IF trailingstopRTS then ONCE UseCLOSE = 0 //1=use CLOSE, 0=use High/Low srcH = close //defaults to CLOSE srcL = close //defaults to CLOSE IF UseCLOSE = 0 THEN srcH = high srcL = low ENDIF ONCE UsePerCentage = 1 //0=use Pips (default), 1=use Percentages ONCE UseEquity = 0 //0=use price (default), 1=use current Equity (initial Capital + StrategyProfit, as defined by variable MyEquity) MyEquity = 1000 DirectionSwitch = (LongOnMarket AND ShortOnMarket[1]) OR (LongOnMarket[1] AND ShortOnMarket) //True when there's been a change in the direction (likely to be due to a Stop & Reverse) // IF Not OnMarket OR DirectionSwitch THEN // when NOT OnMarket or thare's been a change in direction, reset values to their default settings StartPerCent = 0.25//pc //0.25 = 0.25% movement to trigger Trailing Stop (when UsePerCentage=1) StepPerCent = 50//spc //50 = 50% (of the 0.25% above) as a Trailing Step (when UsePerCentage=1) (set to 100 to make StepSize=TrailStart, set to 200 to make it twice TrailStart) TrailStart = 30 //30 Start trailing profits from this point (when UsePerCentage=0) MinStart = 10 //10 Minimum value for TrailStart (when UseEquity=1, to prevent TrailStart from dropping below ZERO when Equity turns negative) IF UsePerCentage THEN TrailStart = (close / PipSize) * StartPerCent / 100 //use current price (CLOSE) for calculations IF UseEquity THEN //alternative calculations using EQUITY TrailStart = Max(MinStart,(MyEquity / PipValue) * StartPerCent / 100) //MyEquity is the variable (feel free to use a different name) retaining your current equity ENDIF ENDIF // BasePerCent = 0.11 //BPC 0.08 - 0.2 Profit percentage to keep when setting BerakEven StepSize = 10 //ss //5 - 15 Pip chunks to increase Percentage IF UsePerCentage THEN StepSize = TrailStart * StepPerCent / 100 ENDIF PerCentInc = 0.16 //0.16//pci //0.06 - 0.14 PerCent increment after each StepSize chunk RoundTO = -0.5 //-0.5 rounds always to Lower integer, +0.4 rounds always to Higher integer, 0 defaults PRT behaviour PriceDistance = 12 * pipsize //IG minimum stop distance: DAX = 5, DJ = 12, NAS = 4, SP500 = 1 y1 = 0 //reset to 0 y2 = 0 //reset to 0 ProfitPerCent = BasePerCent //reset to desired default value //PositionCount = 0 SellPrice = 0 SellPriceX = 0 ExitPrice = 9999999 ExitPriceX = 9999999 ELSE //------------------------------------------------------ // --- Update Stop Loss after accumulating new positions //------------------------------------------------------ //PositionCount = max(PositionCount,abs(CountOfPosition)) // // update Stop Loss only when PositionPrice has changed (actually when increased, we don't move it if there's been some positions exited) // //IF PositionCount <> PositionCount[1] AND (ExitPrice + SellPrice)<>9999999 THEN //go on only if Trailing Stop had already started trailing IF PositionPrice <> PositionPrice[1] AND (ExitPrice + SellPrice) <> 9999999 THEN //go on only if Trailing Stop had already started trailing IF LongOnMarket THEN q1 = PositionPrice + ((srcH - PositionPrice) * ProfitPerCent) //calculate new SL SellPriceX = max(max(SellPriceX,SellPrice),q1) SellPrice = max(max(SellPriceX,SellPrice),PositionPrice + (y1 * pipsize)) //set exit price to whatever grants greater profits, comopared to the previous one ELSIF ShortOnMarket THEN r1 = PositionPrice - ((PositionPrice - srcL) * ProfitPerCent) //calculate new SL ExitPriceX = min(min(ExitPriceX,ExitPrice),r1) ExitPrice = min(min(ExitPriceX,ExitPrice),PositionPrice - (y2 * pipsize)) //set exit price to whatever grants greater profits, comopared to the previous one ENDIF ENDIF // --- Update END ENDIF // IF LongOnMarket AND srcH > (PositionPrice + (y1 * pipsize)) THEN //LONG positions // // compute the value of the Percentage of profits, if any, to lock in for LONG trades // x1 = (srcH - PositionPrice) / pipsize //convert price to pips IF x1 >= TrailStart THEN // go ahead only if N+ pips Diff1 = abs(TrailStart - x1) //difference from current profit and TrailStart Chunks1 = max(0,round((Diff1 / StepSize) + RoundTO)) //number of STEPSIZE chunks ProfitPerCent = BasePerCent + (BasePerCent * (Chunks1 * PerCentInc)) //compute new size of ProfitPerCent ProfitPerCent = max(ProfitPerCent[1],min(100,ProfitPerCent)) //make sure ProfitPerCent doess not exceed 100% y1 = max(x1 * ProfitPerCent, y1) //y1 = % of max profit ENDIF ELSIF ShortOnMarket AND srcL < (PositionPrice - (y2 * pipsize)) THEN //SHORT positions // // compute the value of the Percentage of profits, if any, to lock in for SHORT trades // x2 = (PositionPrice - srcL) / pipsize //convert price to pips IF x2 >= TrailStart THEN // go ahead only if N+ pips Diff2 = abs(TrailStart - x2) //difference from current profit and TrailStart Chunks2 = max(0,round((Diff2 / StepSize) + RoundTO)) //number of STEPSIZE chunks ProfitPerCent = BasePerCent + (BasePerCent * (Chunks2 * PerCentInc)) //compute new size of ProfitPerCent ProfitPerCent = max(ProfitPerCent[1],min(100,ProfitPerCent)) //make sure ProfitPerCent doess not exceed 100% y2 = max(x2 * ProfitPerCent, y2) //y2 = % of max profit ENDIF ENDIF //------------------------------------------------------------------------------ // manage actual Exit, if needed //------------------------------------------------------------------------------ IF y1 THEN //Place pending STOP order when y1 > 0 (LONG positions) SellPrice = max(SellPrice,PositionPrice + (y1 * pipsize)) //convert pips to price // // check the minimun distance between ExitPrice and current price // IF abs(close - SellPrice) > PriceDistance THEN // // place either a LIMIT or STOP pending order according to current price positioning // IF close >= SellPrice THEN SELL AT SellPrice STOP ELSE SELL AT SellPrice LIMIT ENDIF ELSE // //sell AT MARKET when EXITPRICE does not meet the broker's minimun distance from current price // SELL AT Market ENDIF ENDIF IF y2 THEN //Place pending STOP order when y2 > 0 (SHORT positions) ExitPrice = min(ExitPrice,PositionPrice - (y2 * pipsize)) //convert pips to price // // check the minimun distance between ExitPrice and current price // IF abs(close - ExitPrice) > PriceDistance THEN // // place either a LIMIT or STOP pending order according to current price positioning // IF close <= ExitPrice THEN EXITSHORT AT ExitPrice STOP ELSE EXITSHORT AT ExitPrice LIMIT ENDIF ELSE // //ExitShort AT MARKET when EXITPRICE does not meet the broker's minimun distance from current price // EXITSHORT AT Market ENDIF Endif ENDIF

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  IF MyCOndition THEN BUY PositionSize CONTRACTS AT MARKET SET STOP %LOSS 1 set target %profit 2 ENDIF       trailingstopRTS=trail //RobertoGozzi TS with cumulative orders IF trailingstopRTS then ONCE UseCLOSE = 0       //1=use CLOSE,  0=use High/Low srcH = close            //defaults to CLOSE srcL = close            //defaults to CLOSE IF UseCLOSE = 0 THEN srcH = high srcL = low ENDIF ONCE UsePerCentage = 1    //0=use Pips  (default), 1=use Percentages ONCE UseEquity     = 0    //0=use price (default), 1=use current Equity (initial Capital + StrategyProfit, as defined by variable MyEquity) MyEquity = 1000 DirectionSwitch = (LongOnMarket AND ShortOnMarket[1]) OR (LongOnMarket[1] AND ShortOnMarket)  //True when there's been a change in the direction (likely to be due to a Stop & Reverse) // IF Not OnMarket OR DirectionSwitch THEN // when NOT OnMarket or thare's been a change in direction, reset values to their default settings StartPerCent  = 0.25//pc //0.25  = 0.25% movement to trigger Trailing Stop       (when UsePerCentage=1) StepPerCent   = 50//spc //50  = 50% (of the 0.25% above) as a Trailing Step (when UsePerCentage=1) (set to 100 to make StepSize=TrailStart, set to 200 to make it twice TrailStart) TrailStart    = 30   //30  Start trailing profits from this point  (when UsePerCentage=0) MinStart      = 10    //10  Minimum value for TrailStart            (when UseEquity=1, to prevent TrailStart from dropping below ZERO when Equity turns negative) IF UsePerCentage THEN TrailStart = (close / PipSize) * StartPerCent / 100   //use current price (CLOSE) for calculations IF UseEquity THEN   //alternative calculations using EQUITY TrailStart = Max(MinStart,(MyEquity / PipValue) * StartPerCent / 100)  //MyEquity is the variable (feel free to use a different name) retaining your current equity ENDIF ENDIF // BasePerCent   = 0.11 //BPC 0.08 - 0.2  Profit percentage to keep when setting BerakEven StepSize      = 10   //ss //5 - 15     Pip chunks to increase Percentage IF UsePerCentage THEN StepSize   = TrailStart * StepPerCent / 100 ENDIF PerCentInc    = 0.16   //0.16//pci //0.06 - 0.14  PerCent increment after each StepSize chunk RoundTO       = -0.5        //-0.5   rounds always to Lower integer,   +0.4 rounds always to Higher integer,     0 defaults PRT behaviour PriceDistance = 12 * pipsize //IG minimum stop distance: DAX = 5, DJ = 12, NAS = 4, SP500 = 1 y1            = 0           //reset to 0 y2            = 0           //reset to 0 ProfitPerCent = BasePerCent //reset to desired default value //PositionCount = 0 SellPrice     = 0 SellPriceX    = 0 ExitPrice     = 9999999 ExitPriceX    = 9999999 ELSE //------------------------------------------------------ // --- Update Stop Loss after accumulating new positions //------------------------------------------------------ //PositionCount = max(PositionCount,abs(CountOfPosition)) // // update Stop Loss only when PositionPrice has changed (actually when increased, we don't move it if there's been some positions exited) // //IF PositionCount <> PositionCount[1] AND (ExitPrice + SellPrice)<>9999999 THEN //go on only if Trailing Stop had already started trailing IF PositionPrice <> PositionPrice[1] AND (ExitPrice + SellPrice) <> 9999999 THEN //go on only if Trailing Stop had already started trailing IF LongOnMarket THEN q1         = PositionPrice + ((srcH - PositionPrice) * ProfitPerCent)      //calculate new SL SellPriceX = max(max(SellPriceX,SellPrice),q1) SellPrice  = max(max(SellPriceX,SellPrice),PositionPrice + (y1 * pipsize)) //set exit price to whatever grants greater profits, comopared to the previous one ELSIF ShortOnMarket THEN r1         = PositionPrice - ((PositionPrice - srcL) * ProfitPerCent)      //calculate new SL ExitPriceX = min(min(ExitPriceX,ExitPrice),r1) ExitPrice  = min(min(ExitPriceX,ExitPrice),PositionPrice - (y2 * pipsize)) //set exit price to whatever grants greater profits, comopared to the previous one ENDIF ENDIF // --- Update END ENDIF // IF LongOnMarket AND srcH > (PositionPrice + (y1 * pipsize)) THEN                              //LONG positions // // compute the value of the Percentage of profits, if any, to lock in for LONG trades // x1 = (srcH - PositionPrice) / pipsize                                     //convert price to pips IF x1 >= TrailStart THEN                                                //    go ahead only if N+ pips Diff1         = abs(TrailStart - x1)                                 //difference from current profit and TrailStart Chunks1       = max(0,round((Diff1 / StepSize) + RoundTO))           //number of STEPSIZE chunks ProfitPerCent = BasePerCent + (BasePerCent * (Chunks1 * PerCentInc)) //compute new size of ProfitPerCent ProfitPerCent = max(ProfitPerCent[1],min(100,ProfitPerCent))         //make sure ProfitPerCent doess not exceed 100% y1 = max(x1 * ProfitPerCent, y1)                                     //y1 = % of max profit ENDIF ELSIF ShortOnMarket AND srcL < (PositionPrice - (y2 * pipsize)) THEN                             //SHORT positions // // compute the value of the Percentage of profits, if any, to lock in for SHORT trades // x2 = (PositionPrice - srcL) / pipsize                                     //convert price to pips IF x2 >= TrailStart THEN                                                //      go ahead only if N+ pips Diff2         = abs(TrailStart - x2)                                 //difference from current profit and TrailStart Chunks2       = max(0,round((Diff2 / StepSize) + RoundTO))           //number of STEPSIZE chunks ProfitPerCent = BasePerCent + (BasePerCent * (Chunks2 * PerCentInc)) //compute new size of ProfitPerCent ProfitPerCent = max(ProfitPerCent[1],min(100,ProfitPerCent))         //make sure ProfitPerCent doess not exceed 100% y2 = max(x2 * ProfitPerCent, y2)                                     //y2 = % of max profit ENDIF ENDIF //------------------------------------------------------------------------------ //                    manage actual Exit, if needed //------------------------------------------------------------------------------ IF y1 THEN                                                                 //Place pending STOP order when y1 > 0   (LONG positions) SellPrice = max(SellPrice,PositionPrice + (y1 * pipsize))                  //convert pips to price // // check the minimun distance between ExitPrice and current price // IF abs(close - SellPrice) > PriceDistance THEN // // place either a LIMIT or STOP pending order according to current price positioning // IF close >= SellPrice THEN SELL AT SellPrice STOP ELSE SELL AT SellPrice LIMIT ENDIF ELSE // //sell AT MARKET when EXITPRICE does not meet the broker's minimun distance from current price // SELL AT Market ENDIF ENDIF IF y2 THEN                                                                 //Place pending STOP order when y2 > 0   (SHORT positions) ExitPrice = min(ExitPrice,PositionPrice - (y2 * pipsize))                  //convert pips to price // // check the minimun distance between ExitPrice and current price // IF abs(close - ExitPrice) > PriceDistance THEN // // place either a LIMIT or STOP pending order according to current price positioning // IF close <= ExitPrice THEN EXITSHORT AT ExitPrice STOP ELSE EXITSHORT AT ExitPrice LIMIT ENDIF ELSE // //ExitShort AT MARKET when EXITPRICE does not meet the broker's minimun distance from current price // EXITSHORT AT Market ENDIF Endif ENDIF

  

  murre87

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  09/23/2021 at 7:47 AM #178146
  robertogozzi

  Post the values that you used for MyConditions and PositionsSize and the date and time of those candles in your pics.

   

  

  robertogozzi

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  09/23/2021 at 8:16 AM #178153
  murre87

  Timefrem 15
  Wallstreet
  Date of picture: Today

  Follow the highest candle with X distance

  DEFPARAM CUMULATEORDERS = false //=== Risk Management === PositionSize=1 //=== Max Monthly Loss === ONCE MyProfit = 0 ONCE TradeON = 1 IF Month <> Month[1] THEN MyProfit = STRATEGYPROFIT //store profits/losses at the beginning of each month TradeON = 1 //enable trading each new month ENDIF IF (STRATEGYPROFIT - MyProfit) < -3500 THEN //disable trading when losing > 200 currency units TradeON = 0 ENDIF //=== Entry Filter === //Filter 1 indicator1=average[75,7] indicator2=average[125,7] indicator3=average[150,7] F1 = indicator1>indicator2 F2 = indicator2>indicator3 //=== Entry Criteria === //Entry Criteria 1 entrylen = 5 LowVol = round(volume[4]) E1 = volume < LowVol bullish = close>lowest[entrylen](low) IF E1 AND bullish AND F1 AND F2 AND opendayofweek <> 3 AND opendayofweek <> 4 AND opendayofweek <> 0 AND opendayofweek <> 6 AND TradeON THEN BUY PositionSize CONTRACTS AT MARKET SET STOP %LOSS 1 set target %profit 2 ENDIF trailingstopRTS=1 //RobertoGozzi TS with cumulative orders IF trailingstopRTS then ONCE UseCLOSE = 0 //1=use CLOSE, 0=use High/Low srcH = close //defaults to CLOSE srcL = close //defaults to CLOSE IF UseCLOSE = 0 THEN srcH = high srcL = low ENDIF ONCE UsePerCentage = 1 //0=use Pips (default), 1=use Percentages ONCE UseEquity = 0 //0=use price (default), 1=use current Equity (initial Capital + StrategyProfit, as defined by variable MyEquity) MyEquity = 1000 DirectionSwitch = (LongOnMarket AND ShortOnMarket[1]) OR (LongOnMarket[1] AND ShortOnMarket) //True when there's been a change in the direction (likely to be due to a Stop & Reverse) // IF Not OnMarket OR DirectionSwitch THEN // when NOT OnMarket or thare's been a change in direction, reset values to their default settings StartPerCent = 0.25//pc //0.25 = 0.25% movement to trigger Trailing Stop (when UsePerCentage=1) StepPerCent = 50//spc //50 = 50% (of the 0.25% above) as a Trailing Step (when UsePerCentage=1) (set to 100 to make StepSize=TrailStart, set to 200 to make it twice TrailStart) TrailStart = 30 //30 Start trailing profits from this point (when UsePerCentage=0) MinStart = 10 //10 Minimum value for TrailStart (when UseEquity=1, to prevent TrailStart from dropping below ZERO when Equity turns negative) IF UsePerCentage THEN TrailStart = (close / PipSize) * StartPerCent / 100 //use current price (CLOSE) for calculations IF UseEquity THEN //alternative calculations using EQUITY TrailStart = Max(MinStart,(MyEquity / PipValue) * StartPerCent / 100) //MyEquity is the variable (feel free to use a different name) retaining your current equity ENDIF ENDIF // BasePerCent = 0.11 //BPC 0.08 - 0.2 Profit percentage to keep when setting BerakEven StepSize = 10 //ss //5 - 15 Pip chunks to increase Percentage IF UsePerCentage THEN StepSize = TrailStart * StepPerCent / 100 ENDIF PerCentInc = 0.16 //0.16//pci //0.06 - 0.14 PerCent increment after each StepSize chunk RoundTO = -0.5 //-0.5 rounds always to Lower integer, +0.4 rounds always to Higher integer, 0 defaults PRT behaviour PriceDistance = 12 * pipsize //IG minimum stop distance: DAX = 5, DJ = 12, NAS = 4, SP500 = 1 y1 = 0 //reset to 0 y2 = 0 //reset to 0 ProfitPerCent = BasePerCent //reset to desired default value //PositionCount = 0 SellPrice = 0 SellPriceX = 0 ExitPrice = 9999999 ExitPriceX = 9999999 ELSE //------------------------------------------------------ // --- Update Stop Loss after accumulating new positions //------------------------------------------------------ //PositionCount = max(PositionCount,abs(CountOfPosition)) // // update Stop Loss only when PositionPrice has changed (actually when increased, we don't move it if there's been some positions exited) // //IF PositionCount <> PositionCount[1] AND (ExitPrice + SellPrice)<>9999999 THEN //go on only if Trailing Stop had already started trailing IF PositionPrice <> PositionPrice[1] AND (ExitPrice + SellPrice) <> 9999999 THEN //go on only if Trailing Stop had already started trailing IF LongOnMarket THEN q1 = PositionPrice + ((srcH - PositionPrice) * ProfitPerCent) //calculate new SL SellPriceX = max(max(SellPriceX,SellPrice),q1) SellPrice = max(max(SellPriceX,SellPrice),PositionPrice + (y1 * pipsize)) //set exit price to whatever grants greater profits, comopared to the previous one ELSIF ShortOnMarket THEN r1 = PositionPrice - ((PositionPrice - srcL) * ProfitPerCent) //calculate new SL ExitPriceX = min(min(ExitPriceX,ExitPrice),r1) ExitPrice = min(min(ExitPriceX,ExitPrice),PositionPrice - (y2 * pipsize)) //set exit price to whatever grants greater profits, comopared to the previous one ENDIF ENDIF // --- Update END ENDIF // IF LongOnMarket AND srcH > (PositionPrice + (y1 * pipsize)) THEN //LONG positions // // compute the value of the Percentage of profits, if any, to lock in for LONG trades // x1 = (srcH - PositionPrice) / pipsize //convert price to pips IF x1 >= TrailStart THEN // go ahead only if N+ pips Diff1 = abs(TrailStart - x1) //difference from current profit and TrailStart Chunks1 = max(0,round((Diff1 / StepSize) + RoundTO)) //number of STEPSIZE chunks ProfitPerCent = BasePerCent + (BasePerCent * (Chunks1 * PerCentInc)) //compute new size of ProfitPerCent ProfitPerCent = max(ProfitPerCent[1],min(100,ProfitPerCent)) //make sure ProfitPerCent doess not exceed 100% y1 = max(x1 * ProfitPerCent, y1) //y1 = % of max profit ENDIF ELSIF ShortOnMarket AND srcL < (PositionPrice - (y2 * pipsize)) THEN //SHORT positions // // compute the value of the Percentage of profits, if any, to lock in for SHORT trades // x2 = (PositionPrice - srcL) / pipsize //convert price to pips IF x2 >= TrailStart THEN // go ahead only if N+ pips Diff2 = abs(TrailStart - x2) //difference from current profit and TrailStart Chunks2 = max(0,round((Diff2 / StepSize) + RoundTO)) //number of STEPSIZE chunks ProfitPerCent = BasePerCent + (BasePerCent * (Chunks2 * PerCentInc)) //compute new size of ProfitPerCent ProfitPerCent = max(ProfitPerCent[1],min(100,ProfitPerCent)) //make sure ProfitPerCent doess not exceed 100% y2 = max(x2 * ProfitPerCent, y2) //y2 = % of max profit ENDIF ENDIF //------------------------------------------------------------------------------ // manage actual Exit, if needed //------------------------------------------------------------------------------ IF y1 THEN //Place pending STOP order when y1 > 0 (LONG positions) SellPrice = max(SellPrice,PositionPrice + (y1 * pipsize)) //convert pips to price // // check the minimun distance between ExitPrice and current price // IF abs(close - SellPrice) > PriceDistance THEN // // place either a LIMIT or STOP pending order according to current price positioning // IF close >= SellPrice THEN SELL AT SellPrice STOP ELSE SELL AT SellPrice LIMIT ENDIF ELSE // //sell AT MARKET when EXITPRICE does not meet the broker's minimun distance from current price // SELL AT Market ENDIF ENDIF IF y2 THEN //Place pending STOP order when y2 > 0 (SHORT positions) ExitPrice = min(ExitPrice,PositionPrice - (y2 * pipsize)) //convert pips to price // // check the minimun distance between ExitPrice and current price // IF abs(close - ExitPrice) > PriceDistance THEN // // place either a LIMIT or STOP pending order according to current price positioning // IF close <= ExitPrice THEN EXITSHORT AT ExitPrice STOP ELSE EXITSHORT AT ExitPrice LIMIT ENDIF ELSE // //ExitShort AT MARKET when EXITPRICE does not meet the broker's minimun distance from current price // EXITSHORT AT Market ENDIF Endif ENDIF

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  DEFPARAM CUMULATEORDERS = false //=== Risk Management === PositionSize=1   //=== Max Monthly Loss === ONCE MyProfit = 0 ONCE TradeON  = 1 IF Month <> Month[1] THEN MyProfit = STRATEGYPROFIT //store profits/losses at the beginning of each month TradeON  = 1              //enable trading each new month ENDIF IF (STRATEGYPROFIT - MyProfit) < -3500 THEN  //disable trading when losing > 200 currency units TradeON = 0 ENDIF //=== Entry Filter === //Filter 1 indicator1=average[75,7] indicator2=average[125,7] indicator3=average[150,7] F1 = indicator1>indicator2 F2 = indicator2>indicator3 //=== Entry Criteria === //Entry Criteria 1 entrylen = 5 LowVol = round(volume[4]) E1 = volume < LowVol bullish = close>lowest[entrylen](low) IF E1 AND bullish AND F1 AND F2 AND opendayofweek <> 3 AND opendayofweek <> 4 AND opendayofweek <> 0 AND opendayofweek <> 6 AND TradeON  THEN BUY PositionSize CONTRACTS AT MARKET SET STOP %LOSS 1 set target %profit 2 ENDIF trailingstopRTS=1 //RobertoGozzi TS with cumulative orders IF trailingstopRTS then ONCE UseCLOSE = 0       //1=use CLOSE,  0=use High/Low srcH = close            //defaults to CLOSE srcL = close            //defaults to CLOSE IF UseCLOSE = 0 THEN srcH = high srcL = low ENDIF ONCE UsePerCentage = 1    //0=use Pips  (default), 1=use Percentages ONCE UseEquity     = 0    //0=use price (default), 1=use current Equity (initial Capital + StrategyProfit, as defined by variable MyEquity) MyEquity = 1000 DirectionSwitch = (LongOnMarket AND ShortOnMarket[1]) OR (LongOnMarket[1] AND ShortOnMarket)  //True when there's been a change in the direction (likely to be due to a Stop & Reverse) // IF Not OnMarket OR DirectionSwitch THEN // when NOT OnMarket or thare's been a change in direction, reset values to their default settings StartPerCent  = 0.25//pc //0.25  = 0.25% movement to trigger Trailing Stop       (when UsePerCentage=1) StepPerCent   = 50//spc //50  = 50% (of the 0.25% above) as a Trailing Step (when UsePerCentage=1) (set to 100 to make StepSize=TrailStart, set to 200 to make it twice TrailStart) TrailStart    = 30   //30  Start trailing profits from this point  (when UsePerCentage=0) MinStart      = 10    //10  Minimum value for TrailStart            (when UseEquity=1, to prevent TrailStart from dropping below ZERO when Equity turns negative) IF UsePerCentage THEN TrailStart = (close / PipSize) * StartPerCent / 100   //use current price (CLOSE) for calculations IF UseEquity THEN   //alternative calculations using EQUITY TrailStart = Max(MinStart,(MyEquity / PipValue) * StartPerCent / 100)  //MyEquity is the variable (feel free to use a different name) retaining your current equity ENDIF ENDIF // BasePerCent   = 0.11 //BPC 0.08 - 0.2  Profit percentage to keep when setting BerakEven StepSize      = 10   //ss //5 - 15     Pip chunks to increase Percentage IF UsePerCentage THEN StepSize   = TrailStart * StepPerCent / 100 ENDIF PerCentInc    = 0.16   //0.16//pci //0.06 - 0.14  PerCent increment after each StepSize chunk RoundTO       = -0.5        //-0.5   rounds always to Lower integer,   +0.4 rounds always to Higher integer,     0 defaults PRT behaviour PriceDistance = 12 * pipsize //IG minimum stop distance: DAX = 5, DJ = 12, NAS = 4, SP500 = 1 y1            = 0           //reset to 0 y2            = 0           //reset to 0 ProfitPerCent = BasePerCent //reset to desired default value //PositionCount = 0 SellPrice     = 0 SellPriceX    = 0 ExitPrice     = 9999999 ExitPriceX    = 9999999 ELSE //------------------------------------------------------ // --- Update Stop Loss after accumulating new positions //------------------------------------------------------ //PositionCount = max(PositionCount,abs(CountOfPosition)) // // update Stop Loss only when PositionPrice has changed (actually when increased, we don't move it if there's been some positions exited) // //IF PositionCount <> PositionCount[1] AND (ExitPrice + SellPrice)<>9999999 THEN //go on only if Trailing Stop had already started trailing IF PositionPrice <> PositionPrice[1] AND (ExitPrice + SellPrice) <> 9999999 THEN //go on only if Trailing Stop had already started trailing IF LongOnMarket THEN q1         = PositionPrice + ((srcH - PositionPrice) * ProfitPerCent)      //calculate new SL SellPriceX = max(max(SellPriceX,SellPrice),q1) SellPrice  = max(max(SellPriceX,SellPrice),PositionPrice + (y1 * pipsize)) //set exit price to whatever grants greater profits, comopared to the previous one ELSIF ShortOnMarket THEN r1         = PositionPrice - ((PositionPrice - srcL) * ProfitPerCent)      //calculate new SL ExitPriceX = min(min(ExitPriceX,ExitPrice),r1) ExitPrice  = min(min(ExitPriceX,ExitPrice),PositionPrice - (y2 * pipsize)) //set exit price to whatever grants greater profits, comopared to the previous one ENDIF ENDIF // --- Update END ENDIF // IF LongOnMarket AND srcH > (PositionPrice + (y1 * pipsize)) THEN                              //LONG positions // // compute the value of the Percentage of profits, if any, to lock in for LONG trades // x1 = (srcH - PositionPrice) / pipsize                                     //convert price to pips IF x1 >= TrailStart THEN                                                //    go ahead only if N+ pips Diff1         = abs(TrailStart - x1)                                 //difference from current profit and TrailStart Chunks1       = max(0,round((Diff1 / StepSize) + RoundTO))           //number of STEPSIZE chunks ProfitPerCent = BasePerCent + (BasePerCent * (Chunks1 * PerCentInc)) //compute new size of ProfitPerCent ProfitPerCent = max(ProfitPerCent[1],min(100,ProfitPerCent))         //make sure ProfitPerCent doess not exceed 100% y1 = max(x1 * ProfitPerCent, y1)                                     //y1 = % of max profit ENDIF ELSIF ShortOnMarket AND srcL < (PositionPrice - (y2 * pipsize)) THEN                             //SHORT positions // // compute the value of the Percentage of profits, if any, to lock in for SHORT trades // x2 = (PositionPrice - srcL) / pipsize                                     //convert price to pips IF x2 >= TrailStart THEN                                                //      go ahead only if N+ pips Diff2         = abs(TrailStart - x2)                                 //difference from current profit and TrailStart Chunks2       = max(0,round((Diff2 / StepSize) + RoundTO))           //number of STEPSIZE chunks ProfitPerCent = BasePerCent + (BasePerCent * (Chunks2 * PerCentInc)) //compute new size of ProfitPerCent ProfitPerCent = max(ProfitPerCent[1],min(100,ProfitPerCent))         //make sure ProfitPerCent doess not exceed 100% y2 = max(x2 * ProfitPerCent, y2)                                     //y2 = % of max profit ENDIF ENDIF //------------------------------------------------------------------------------ //                    manage actual Exit, if needed //------------------------------------------------------------------------------ IF y1 THEN                                                                 //Place pending STOP order when y1 > 0   (LONG positions) SellPrice = max(SellPrice,PositionPrice + (y1 * pipsize))                  //convert pips to price // // check the minimun distance between ExitPrice and current price // IF abs(close - SellPrice) > PriceDistance THEN // // place either a LIMIT or STOP pending order according to current price positioning // IF close >= SellPrice THEN SELL AT SellPrice STOP ELSE SELL AT SellPrice LIMIT ENDIF ELSE // //sell AT MARKET when EXITPRICE does not meet the broker's minimun distance from current price // SELL AT Market ENDIF ENDIF IF y2 THEN                                                                 //Place pending STOP order when y2 > 0   (SHORT positions) ExitPrice = min(ExitPrice,PositionPrice - (y2 * pipsize))                  //convert pips to price // // check the minimun distance between ExitPrice and current price // IF abs(close - ExitPrice) > PriceDistance THEN // // place either a LIMIT or STOP pending order according to current price positioning // IF close <= ExitPrice THEN EXITSHORT AT ExitPrice STOP ELSE EXITSHORT AT ExitPrice LIMIT ENDIF ELSE // //ExitShort AT MARKET when EXITPRICE does not meet the broker's minimun distance from current price // EXITSHORT AT Market ENDIF Endif ENDIF

  

  murre87

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  09/23/2021 at 8:58 AM #178168
  robertogozzi

  The last trade was closed last Tuesday and no more trades have been opened since then.

   

   

  

  robertogozzi

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  09/23/2021 at 9:06 AM #178170
  murre87

  Se attached

  

  murre87

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  09/23/2021 at 9:14 AM #178175
  murre87

  I prefer not to show all my code.
  Do you really need all of it 🙂

  Its just about the trail-funtion?
  Is it possbile to trail with x-distance from highest canlde?

  

  murre87

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  09/23/2021 at 9:27 AM #178178
  robertogozzi

  Explain me what your trailing stop should do, from the start to the end of a trade.

  My code was not meant to follow candlesticks. I think it’s better to code a new one.

   

  

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  09/23/2021 at 9:32 AM #178179
  murre87

  I like a trailing stoploss function that keep a disctance X from highest candle.
  It only trail one way thats up for bulltrade. If the candles goes down it finaly hits the stolploss.

  

  murre87

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  09/23/2021 at 10:08 AM #178202
  robertogozzi

  There you go:

  DEFPARAM CUMULATEORDERS = false PositionSize=1 //=== Max Monthly Loss === ONCE MyProfit = 0 ONCE TradeON = 1 IF Month <> Month[1] THEN MyProfit = STRATEGYPROFIT //store profits/losses at the beginning of each month TradeON = 1 //enable trading each new month ENDIF IF (STRATEGYPROFIT - MyProfit) < -3500 THEN //disable trading when losing > 200 currency units TradeON = 0 ENDIF //=== Entry Filter === //Filter 1 indicator1=average[75,7] indicator2=average[125,7] indicator3=average[150,7] F1 = indicator1>indicator2 F2 = indicator2>indicator3 //=== Entry Criteria === //Entry Criteria 1 entrylen = 5 LowVol = round(volume[4]) E1 = volume < LowVol bullish = close>lowest[entrylen](low) IF E1 AND bullish AND F1 AND F2 AND opendayofweek <> 3 AND opendayofweek <> 4 AND opendayofweek <> 0 AND opendayofweek <> 6 AND TradeON THEN BUY PositionSize CONTRACTS AT MARKET SET STOP %LOSS 1 set target %profit 2 ENDIF // trailingstopRTS=1 IF trailingstopRTS then IF Not OnMarket THEN PriceDistance = 10 * PipSize //PriceDistance from price as required by the broker StopDistance = 30 * PipSize //Distance from HIGH SellPrice = close - StopDistance //The first bar StopDistance is from CLOSE ELSE SellPrice = max(SellPrice,high - StopDistance) IF abs(close - SellPrice) > PriceDistance THEN IF close >= SellPrice THEN SELL AT SellPrice STOP ELSE SELL AT SellPrice LIMIT ENDIF ELSE SELL AT Market ENDIF ENDIF ENDIF // graphonprice SellPrice coloured(0,128,0,150)

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52

  DEFPARAM CUMULATEORDERS = false PositionSize=1 //=== Max Monthly Loss === ONCE MyProfit = 0 ONCE TradeON  = 1 IF Month <> Month[1] THEN MyProfit = STRATEGYPROFIT //store profits/losses at the beginning of each month TradeON  = 1              //enable trading each new month ENDIF IF (STRATEGYPROFIT - MyProfit) < -3500 THEN  //disable trading when losing > 200 currency units TradeON = 0 ENDIF //=== Entry Filter === //Filter 1 indicator1=average[75,7] indicator2=average[125,7] indicator3=average[150,7] F1 = indicator1>indicator2 F2 = indicator2>indicator3 //=== Entry Criteria === //Entry Criteria 1 entrylen = 5 LowVol = round(volume[4]) E1 = volume < LowVol bullish = close>lowest[entrylen](low) IF E1 AND bullish AND F1 AND F2 AND opendayofweek <> 3 AND opendayofweek <> 4 AND opendayofweek <> 0 AND opendayofweek <> 6 AND TradeON  THEN BUY PositionSize CONTRACTS AT MARKET SET STOP %LOSS 1 set target %profit 2 ENDIF // trailingstopRTS=1 IF trailingstopRTS then IF Not OnMarket THEN PriceDistance = 10 * PipSize    //PriceDistance from price as required by the broker StopDistance  = 30 * PipSize    //Distance from HIGH SellPrice     = close - StopDistance  //The first bar StopDistance is from CLOSE ELSE SellPrice = max(SellPrice,high - StopDistance) IF abs(close - SellPrice) > PriceDistance THEN IF close >= SellPrice THEN SELL AT SellPrice STOP ELSE SELL AT SellPrice LIMIT ENDIF ELSE SELL AT Market ENDIF ENDIF ENDIF // graphonprice SellPrice coloured(0,128,0,150)

  at the beginning the stoploss distance is from CLOSE (the entry price), not from HIGH obviously. From then on it starts following any higher high.

   

   

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  murre87

  

  robertogozzi

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  09/23/2021 at 11:25 AM #178213
  murre87

  Thanks robertogozzi.
  I thoght this would be a great idea för tariling, but backtest proves me wrong 🙁

  

  murre87

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  09/23/2021 at 11:29 AM #178214
  monkeys nuts

  murre87 wrote:

  I prefer not to show all my code.

  Do you really need all of it 🙂

  Its just about the trail-funtion?

  Is it possbile to trail with x-distance from highest canlde?

  murre87   “I prefer not to show all my code”  🙂   That’s all you ask people to do on this site!  Hahahaha   Think you should share it to e fair

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  @AlgoHunter1

  

  monkeys nuts

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  09/23/2021 at 11:35 AM #178217
  GraHal

  Shame to waste Roberto kindness, so link to above added as Log 304 here

  Snippet Link Library

  I’ll have a go using it later on a few of my Algos. Never  seen much improvement with any trailing stop.

  We could do with a dedicate topic to try and bottom out what TS’s work and with what type of strategy.

   

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  @AlgoHunter1, robertogozzi

  

  GraHal

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