Total Beginner

Trader Sab · 2022-10-03T19:28:31+00:00

Hello I am a mother of 2 with no very much time to sit in front of the computer to watch all day the charts for set ups and I am trying to get into setting up a simple automated system. Can someone show me where I have gone wrong? Most appreciate your kind assistance. I would also be thankful for some pointers where I can read up / watch the best learning material for programming PRT.

Viewing 15 posts - 1 through 15 (of 39 total)

1 2 3 →

Author

Posts
10/03/2022 at 8:28 PM #201870 quote

Trader Sab
Participant

New

Hello I am a mother of 2 with no very much time to sit in front of the computer to watch all day the charts for set ups and I am trying to get into setting up a simple automated system. Can someone show me where I have gone wrong? Most appreciate your kind assistance. I would also be thankful for some pointers where I can read up / watch the best learning material for programming PRT.
Error-Message.jpg

10/03/2022 at 8:48 PM #201874 quote
fifi743
Participant

Master
```
if average[8]<close[1] then
if open>close[1] then
signal=low
stoploss=lowest[5](low)
takeprofit=(close-stoploss)*2
else
signal=0
endif
endif
return signal,stoploss
```
this code is for an indicator
Trader Sab thanked this post
10/03/2022 at 9:59 PM #201875 quote

Trader Sab
Participant

New

Thanks for the pointer. I have rewritten the set up and there is an issue with the stop as it doesn’t properly trails the position. Furthermore the system doesn’t open every time the conditions are met a new position Do you know if there are any sample codes so that I can see what the approximate set up would need to look like?
Current-Automated-System.jpg

10/04/2022 at 3:08 AM #201880 quote

robertogozzi
Moderator

Legend

Post the code you have written doing Copy and Paste, please.

10/04/2022 at 8:13 AM #201889 quote

Trader Sab
Participant

New

Good morning. here the code, my main issues are that the code doesn’t open on each bar a position although the conditions are fulfilled and the stop is just a simple trailing stop and I would like to have it move from low close [1] to the next candle. But not sure how to write this code. Truly appreciate you taking time to help me out, means the world to me. Thank you! // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated DEFPARAM FLATBEFORE = 083000 DEFPARAM FLATAFTER = 220000 // Conditions to enter long positions indicator1 = ExponentialAverage[20](close) c1 = (close >= indicator1[1]) IF c1 THEN BUY 0.5 CONTRACT AT MARKET ENDIF // Conditions to exit long positions indicator2 = ExponentialAverage[20](close) c2 = (close CROSSES UNDER indicator2[1]) IF c2 THEN SELL AT MARKET ENDIF SET STOP TRAILING 10 // Conditions to enter short positions indicator1 = ExponentialAverage[20](close) c1 = (close <= indicator1[1]) IF c1 THEN SELLSHORT 0.5 CONTRACT AT MARKET ENDIF // Conditions to exit short positions indicator2 = ExponentialAverage[20](close) c2 = (close > indicator2) Hope this is ok.

10/04/2022 at 10:15 AM #201894 quote
robertogozzi
Moderator

Legend
I have moved this topic to ProOrder support, as it deals with strategies. Please use the correct support forum and read carefully the basic rules below (highlighted in yellow). Thank you 🙂 Your code is missing the last lines to exit Short trades:
```
IF c2 THEN
EXITSHORT AT MARKET
ENDIF
```
as to the trailing stop, it will be updated every 10 pips (oor 10 price units, if not an index).
Trader Sab thanked this post
10/04/2022 at 3:07 PM #201909 quote

Trader Sab
Participant

New

Hi Roberto thank you for reviewing my code, I am stuck again and was wondering if you would be so kind to help me out. When I backtest this code it doesn’t give me any trades and I don’t see the trees for the forest anymore. // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated // Conditions to enter long positions EMA20 = ExponentialAverage[20](close) EMA50 = ExponentialAverage[50](close) avg169 = Average[169](close) c1 = EMA20 CROSSES OVER EMA50 c2 = close [0] > close [1] IF c1 AND c2 THEN BUY 1 CONTRACT AT MARKET ENDIF // Conditions to exit long positions c3 = close [0] < avg169 IF c3 THEN SELL AT MARKET ENDIF // Conditions to enter short positions EMA20 = ExponentialAverage[20](close) EMA50 = ExponentialAverage[50](close) avg169 = Average [169] c4 = EMA20 CROSSES UNDER EMA50 c5 = close [0] < close [1] IF c4 AND c5 THEN SELL 1 CONTRACT AT MARKET ENDIF // Conditions to exit short positions c6 = close > avg169 IF c6 THEN SELL AT MARKET ENDIF

10/04/2022 at 3:34 PM #201911 quote
robertogozzi
Moderator

Legend
You have to change the instruction to enter and exit a SHORT trade:
- BUY enters a Long trade
- SELL exits a Long trade
- SELLSHORT enters a Short trade
- EXITSHORT exits a Short trade
Trader Sab thanked this post
10/04/2022 at 4:50 PM #201919 quote
JS
Participant

Master
```
// Definition of code parameters
DEFPARAM CumulateOrders = False // Cumulating positions deactivated

// Conditions to enter long positions
EMA20 = ExponentialAverage[20](close)
EMA50 = ExponentialAverage[50](close)
avg169 = Average[169](close)

c1 = EMA20 CROSSES OVER EMA50
c2 = close[0] > close[1]

IF c1 AND c2 THEN
Buy 1 CONTRACT AT MARKET
ENDIF

// Conditions to exit long positions
c3 = close[0] < avg169

IF c3 THEN
Sell AT MARKET
ENDIF

// Conditions to enter short positions
EMA20 = ExponentialAverage[20](close)
EMA50 = ExponentialAverage[50](close)
avg169 = Average [169]

c4 = EMA20 CROSSES UNDER EMA50
c5 = close[0] < close[1]

IF c4 AND c5 THEN
SellShort 1 CONTRACT AT MARKET
ENDIF

// Conditions to exit short positions
c6 = close > avg169

IF c6 THEN
ExitShort AT MARKET
ENDIF
```
Trader Sab thanked this post

Schermafbeelding-2022-10-04-om-17.48.55.png
10/04/2022 at 5:10 PM #201922 quote

Trader Sab
Participant

New

Thanks you are a champ. Please let me know if my ‘stupid’ questions annoy you. But this is a lot of fun trying to get my ideas into a script. Appreciate your help! Absolutely fantastic. Ciao
JS and robertogozzi thanked this post

10/04/2022 at 6:25 PM #201926 quote

robertogozzi
Moderator

Legend

I love GraHal‘s motto “Ask a question, you may be a fool for a day. Don’t ask a question, you may be a fool for life“.
GraHal and JC_Bywan thanked this post

10/05/2022 at 9:27 AM #201931 quote

GraHal
Participant

Master

Thank you Roberto. I just changed it slightly as we never view anyone as a fool for asking questions.
Ask a question, you may feel like a fool for a day.

Don’t ask a question, you may be a fool for life!?

robertogozzi, JC_Bywan, Trader Sab and Midlanddave thanked this post

10/05/2022 at 10:00 PM #201965 quote

Trader Sab
Participant

New

Roberto Here we go again! I am trying to get the code to open the candle right after the crossing, which it doesn’t do right now, see picture below. I tried to specify the candle which should trigger the entry, however now the system it returns an error message. // Conditions to enter long positions EMA20 = ExponentialAverage [20] EMA50 = ExponentialAverage [50] IF EMA20 CROSSES OVER EMA50 THEN LongCrossingPrice = close IF open [0] > close [1] THEN BUY 0.5 CONTRACT AT MARKET ENDIF IF close [0] < EMA50 THEN SELL 0.5 CONTRACT AT MARKET ENDIF // Conditions to enter short positions EMA20 = ExponentialAverage [20] EMA50 = ExponentialAverage [50] IF EMA20 CROSSES UNDER EMA50 THEN ShortCrossingPrice = close IF open < close [1] THEN SELLSHORT 0.5 CONTRACT AT MARKET ENDIF IF close [0] > EMA50 THEN EXITSHORT 0.5 CONTRACT AT MARKET ENDIF where have I gone wrong? Appreciate you pointing me in the right direction. 😉

10/06/2022 at 9:25 AM #201979 quote

GraHal
Participant

Master

Re above … no picture attached (as you said). Does below answer your question? Code is read at the end of each bar and entries / exits etc occurs at the begginning of the next bar (after code is read). Next bar open – and thus entry / exit – is only a few milliseconds after previous bar close. I believe all trading platform work same as above.
Trader Sab thanked this post

10/06/2022 at 9:50 AM #201983 quote

Trader Sab
Participant

New

Not really because I don’t see where my mistake in the code is. I thought I followed the structure of codes, thanks for pointing out the error
Author

Posts