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Stop Loss to trigger new trade

joeyp101 · 2021-11-30T10:48:12+00:00

Hello, Forgive me, still very much learning. If a trade closes because of a stop loss, I want to open a new trade in the opposite direction immediately. 1sec timeframe, I have my script set to 1 trade per trading window, unless that trade went to stop loss, then 1 more trade is allowed in the opposite direction. What am I doing wrong? //check profit if strategyprofit<>strategyprofit[1] then if close tradeprice AND count=1 then BUY 1.5 PERPOINT AT MARKET count = count + 1 SET STOP LOSS 6 endif endif Many thanks

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ProOrder: Automated Strategies & Backtesting
Stop Loss to trigger new trade

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12/01/2021 at 9:30 PM #182650 quote

JS
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I hope you realize that proBackTest can differ from live trading due to various causes that have been discussed on the forum before.

When you perform a proBackTest, especially in this short time frame, you should always do so in “tick by tick mode” otherwise there may be confusion about the order (sequence) of the orders to be carried out in the same bar.
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Stop Loss to trigger new trade

ProOrder: Automated Strategies & Backtesting

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This topic contains 15 replies,
has 3 voices, and was last updated by JS
4 years, 10 months ago.

Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	11/30/2021
Status:	Active
Attachments:	4 files

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Stop Loss to trigger new trade

Stuck on this ProBuilder code?

Stop Loss to trigger new trade ProOrder: Automated Strategies & Backtesting

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Stop Loss to trigger new trade

ProOrder: Automated Strategies & Backtesting