Stop daily trade function

jackjour · 2022-04-20T02:10:35+00:00

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

Viewing 5 posts - 1 through 5 (of 5 total)

Author

Posts
04/20/2022 at 3:10 AM #191929 quote
jackjour
Participant

New
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
```
04/20/2022 at 8:14 AM #191935 quote
robertogozzi
Moderator

Legend
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
```
04/20/2022 at 9:03 AM #191940 quote

jackjour
Participant

New

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.

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

Legend
You can use this, without any constant value:
```
if strategyprofit < strategyprofit[1] then
```
04/20/2022 at 3:51 PM #191977 quote
JS
Participant

Master
Hi @jackjour,

Try this:
```
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
```
Nicolas thanked this post
Author

Posts