strategy stops due to rejection

• 11/10/2020 at 1:32 AM #149954
  Mishap

  Hi Guys,

  This may be in the wrong spot but im hoping someone can help with an issue i keep getting on my demo account. I have made a rudimentary code that is not finished by any stretch but i wanted to try it out anyway & see how often it triggers live as the testing was throwing odd errors.

  The issue is that it always stops the system with a rejection saying that the account needs more cash. I get that its a funding issue but i don’t see why it is buying such a large number of contracts to create rejection when it is set to buy only 1 & have tight stop/profit.

  I also noticed that it trying to buy well above “atmarket” price.

  Admin, please remove/move if not in correct location.

  thanks in advance.

  //-0-------------0-------------0-------------0-------------0-------------0------------ DEFPARAM CumulateOrders = false // Cumulating positions deactivated //Trigger to enter position (all other criteria must be met) //current time frame //base moving average indicator percentages 3 candle look back Ind1 = Average[15] (close[3]) Ind2 = Average[20] (close[3]) //moving average current candle Ind5 = Average[15] (close) Ind6 = Average[20] (close) //get distance from averages in percentage relative to one above or below DistPer1 = abs(Ind1-Ind2)*100/Ind1 DistPer2 = abs(Ind5-Ind6)*100/Ind5 c1 = (DistPer2-DistPer1) // Conditions to enter long positions IF c1 >= .02 THEN BUY 1 CONTRACTS AT MARKET ENDIF // Stops and targets : Enter your protection stops and profit targets here SET TARGET PROFIT 25 SET STOP LOSS 10

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32

  //-0-------------0-------------0-------------0-------------0-------------0------------ DEFPARAM CumulateOrders = false // Cumulating positions deactivated   //Trigger to enter position (all other criteria must be met)   //current time frame //base moving average indicator percentages 3 candle look back Ind1 = Average[15] (close[3]) Ind2 = Average[20] (close[3])   //moving average current candle Ind5 = Average[15] (close) Ind6 = Average[20] (close)   //get distance from averages in percentage relative to one above or below DistPer1 = abs(Ind1-Ind2)*100/Ind1 DistPer2 = abs(Ind5-Ind6)*100/Ind5   c1 = (DistPer2-DistPer1)   // Conditions to enter long positions IF c1 >= .02 THEN BUY 1 CONTRACTS AT MARKET ENDIF       // Stops and targets : Enter your protection stops and profit targets here     SET TARGET PROFIT 25 SET STOP LOSS 10

   

  

  Mishap

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  11/10/2020 at 2:14 AM #149957
  robertogozzi

  It’s definitely NOT a tight stop!

  10 is NOT 10 pips, but a price difference, which means that a trade entere at 0.7777 will have a SL set at -19.xxx (so it will be disabled).

  But don’t worry, it’s just a mettere of a couple of p‘s, replace lines 31 and 32 with:

  SET TARGET pPROFIT 25 SET STOP pLOSS 10

  1 2	SET TARGET pPROFIT 25 SET STOP   pLOSS   10

  the leading “p” means pips, if it’s missing then a price difference is assumed, so 10 would be considerend a price difference of 10.0000 (100K pips).

   

  1 user thanked author for this post.

  Mishap

  

  robertogozzi

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  11/10/2020 at 3:20 AM #149958
  Mishap

  Thanks Roberto, im still learning the ins & outs of pro real code. Such subtle differences 😉

  

  Mishap

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