strategy profit splitted for long and short

• 06/17/2023 at 11:56 AM #216380
  MaoRai54

  Hi everybody,

  is there any simple way to have the STRATEGYPROFIT result only for long and for short trades within the same strategy ???

  Many thanks in advance for your advise !!

  

  MaoRai54

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  06/17/2023 at 3:58 PM #216388
  robertogozzi

  Not tested:

  Separate StrategyProfit for LONG and SHORT trades

  ONCE LongStrategyProfit = 0 ONCE ShortStrategyProfit = 0 IF StrategyProfit <> StrategyProfit[1] THEN EntryPrice = TradePrice[2] ExitPrice = TradePrice[2] Difference = StrategyProfit - StrategyProfit[1] IF LongOnMarket[1] THEN //LONG trades LongStrategyProfit = LongStrategyProfit[1] + Difference ELSIF ShortOnmarket[1] THEN //SHORT trades ShortStrategyProfit = ShortStrategyProfit[1] + Difference ELSE //UNDEFINED trades for which both the Difference and the Entry and Exit prices need to be compared to determine the direction IF Difference > 0 THEN IF ExitPrice > EntryPrice THEN LongStrategyProfit = LongStrategyProfit[1] + Difference //when it's a PROFIT, a higher EXIT price implies a LONG trade ELSE ShortStrategyProfit = ShortStrategyProfit[1] + Difference //when it's a PROFIT, a lower EXIT price implies a SHORT trade ENDIF ELSE IF ExitPrice < EntryPrice THEN LongStrategyProfit = LongStrategyProfit[1] + Difference //when it's a LOSS, a lower EXIT price implies a LONG trade ELSE ShortStrategyProfit = ShortStrategyProfit[1] + Difference //when it's a LOSS, a higher EXIT price implies a SHORT trade ENDIF ENDIF ENDIF ENDIF graph LongStrategyProfit coloured("Green") graph ShortStrategyProfit coloured("Red") graph LongStrategyProfit + ShortStrategyProfit

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  ONCE LongStrategyProfit  = 0 ONCE ShortStrategyProfit = 0 IF StrategyProfit <> StrategyProfit[1] THEN    EntryPrice = TradePrice[2]    ExitPrice  = TradePrice[2]    Difference = StrategyProfit - StrategyProfit[1]    IF LongOnMarket[1] THEN                                               //LONG  trades       LongStrategyProfit  = LongStrategyProfit[1]    + Difference    ELSIF ShortOnmarket[1] THEN                                           //SHORT trades       ShortStrategyProfit = ShortStrategyProfit[1]   + Difference    ELSE                                                                  //UNDEFINED trades for which both the Difference and the Entry and Exit prices need to be compared to determine the direction       IF Difference > 0 THEN      IF ExitPrice > EntryPrice THEN             LongStrategyProfit  = LongStrategyProfit[1]    + Difference  //when it's a PROFIT, a higher EXIT price implies a LONG trade      ELSE             ShortStrategyProfit = ShortStrategyProfit[1]   + Difference  //when it's a PROFIT, a lower  EXIT price implies a SHORT trade ENDIF       ELSE      IF ExitPrice < EntryPrice THEN             LongStrategyProfit  = LongStrategyProfit[1]    + Difference  //when it's a LOSS, a lower  EXIT price implies a LONG  trade          ELSE             ShortStrategyProfit = ShortStrategyProfit[1]   + Difference  //when it's a LOSS, a higher EXIT price implies a SHORT trade ENDIF       ENDIF    ENDIF ENDIF graph LongStrategyProfit    coloured("Green") graph ShortStrategyProfit   coloured("Red") graph LongStrategyProfit + ShortStrategyProfit

   

  

  robertogozzi

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  06/17/2023 at 4:02 PM #216389
  robertogozzi

  The last GRAPH should match the ProBacktest calculations, updated to the last closed trade.

   

  

  robertogozzi

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  06/17/2023 at 4:56 PM #216392
  MaoRai54

  dear Roberto, many thanks for your reply and code.

  Is there any simplest and shortest way to reach the same results?

  I’m afraid I’ll not be able to insert it into a strategy.

  

  MaoRai54

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  06/17/2023 at 5:16 PM #216393
  MaoRai54

  Roberto,

  I’d like to put it into a strategy and not just a graph or indicator.

  I think that from your code is missing the second part, i.e. the one to use it as variable for deciding if increase or decrease the q.ty based on the previous success of the strategy.

  

  MaoRai54

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  06/17/2023 at 10:39 PM #216396
  robertogozzi

  That’s not meant for GRAPHING, that’s to have a single  STRATEGYPROFIT split into LONG and SHORT data, so that you can decide how to use those split data. There are two variables, you can use them for what you need.

  Isn’t that what you asked in your first post?

   

   

  

  robertogozzi

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