Selling at a STD in a downtrend

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08/21/2021 at 8:11 AM #175830 quote
marie123
Participant

Junior
Hello guys,

I used to code the ProScreener only and this is my first try to code the ProBuilder.

A very simple idea: I want to sell a stock if it is in a downtrend and touches the SMA20+3*STD. The stop loss should be SMA20+4*STD and the take profit is the SMA20.
Seems to be simple but I have problems with the syntax and would be very thankful for any help.
```
entry=average[20](close)+3*std[20](close)
stoploss=average[20](close)+4*std[20](close)
takeprofit=average[20](close)
downtrend=close<average[50](close) and average[50](close)<average[200](close)

if downtrend then
if high>entry then
sell 100 shares at market
set stop loss stoploss
set target profit takeprofit
endif
endif
```
08/21/2021 at 8:54 AM #175832 quote

GraHal
Participant

Master

Try SellShort (instead of Sell).

Sell is only used if are already Long.

marie123 thanked this post

08/21/2021 at 9:22 AM #175836 quote

marie123
Participant

Junior

It works, thank you very much.

Is is somehow possible to get a report from all trades or is it just visually in the chart possible to analyze the backtests?

08/21/2021 at 10:12 AM #175837 quote

nonetheless
Participant

Master

it should automatically deliver a report, but if not then left click on “ProBacktest – Equity curve:” and select Detailed Report

you can customise the report for what details you want to see.

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Selling at a STD in a downtrend

ProOrder: Automated Strategies & Backtesting

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marie123 @marie123 Participant

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This topic contains 3 replies,
has 3 voices, and was last updated by nonetheless
4 years, 6 months ago.

Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	08/21/2021
Status:	Active
Attachments:	No files

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