strategy stops due to rejection

Mishap · 2020-11-10T00:32:19+00:00

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

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

Junior
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
```
orders-1.png
11/10/2020 at 2:14 AM #149957 quote
robertogozzi
Moderator

Legend
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
```
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).

Mishap thanked this post
11/10/2020 at 3:20 AM #149958 quote

Mishap
Participant

Junior

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