Stop daily trade function

• 04/20/2022 at 3:10 AM #191929
  jackjour

  Please help, the back test working , but not working on demo trade.

  When doing back test, I can graph count and checked that when count = 3 then it stop trading for whole remaining day. However, I cannot graph “count” during demo trade and check it why the trade is not stopped.

  I use this function to stop whole remaining day trading if stop lost 3 times.

  if IntradayBarIndex = 0 then count = 0 endif if strategyprofit - strategyprofit[1] = -800 then count = count + 1 endif IF count < 3 and ((c1 and c10 and C11) or (c1 and C20) or (c20 and c10 and c11)) THEN BUY 1 CONTRACT AT MARKET ENDIF

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  if IntradayBarIndex = 0 then count = 0 endif   if strategyprofit - strategyprofit[1] = -800 then count = count + 1 endif   IF count < 3 and ((c1 and c10 and C11) or (c1 and C20) or (c20 and c10 and c11)) THEN BUY 1 CONTRACT AT MARKET ENDIF

   

  

  jackjour

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  04/20/2022 at 8:14 AM #191935
  robertogozzi

  It’s very rare that a loss is exactly 800 currency units, I suggest that you replace line 5 with:

  if strategyprofit - strategyprofit[1] <= -800 then

  1	if strategyprofit - strategyprofit[1] <= -800 then

   

  

  robertogozzi

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  04/20/2022 at 9:03 AM #191940
  jackjour

  Any suggested code for counting number of stop loss? I just wanna to stop remaining day trading when stop loss up to 3 times.

  As I set stop loss at -800 currency unit, it is work in the back test result.

  

  jackjour

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  04/20/2022 at 1:05 PM #191950
  robertogozzi

  You can use this, without any constant value:

  if strategyprofit < strategyprofit[1] then

  1	if strategyprofit < strategyprofit[1] then

  

  robertogozzi

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  04/20/2022 at 3:51 PM #191977
  JS

  Hi @jackjour,

  Try this:

  Stop Daily Trade

  if IntradayBarIndex = 0 then count = 0 endif if TradePrice * PositionPerf < -800 then count = count + 1 endif IF count < 3 and ((c1 and c10 and C11) or (c1 and C20) or (c20 and c10 and c11)) THEN BUY 1 CONTRACT AT MARKET ENDIF

  1 2 3 4 5 6 7 8 9 10 11

  if IntradayBarIndex = 0 then count = 0 endif if TradePrice * PositionPerf < -800 then count = count + 1 endif IF count < 3 and ((c1 and c10 and C11) or (c1 and C20) or (c20 and c10 and c11)) THEN BUY 1 CONTRACT AT MARKET ENDIF

   

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  Nicolas

  

  JS

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