Tradecounter does not work

• 09/01/2021 at 12:39 PM #176587
  phoentzs

  Sorry for the maybe stupid question. I’ve been working on this little breakout system for hours now. But I can’t get the Tradecounter to work. It doesn’t open any trades. What am I doing wrong? It should be able to open a trade once a day in each direction. So a maximum of once long and once short. Somehow I can’t get the counter loop through. Could anyone help me, please?

   

  DEFPARAM CumulateOrders = FALSE Defparam Preloadbars = 1000 defparam Flatafter = 210000 ONCE TradeLong = 0 ONCE TradeShort = 0 IF IntraDayBarIndex = 0 THEN TradeLong = 0 TradeShort = 0 ENDIF dis = 20 hl = dis gl = hl + 10 //start = hl IF Time = 080000 THEN EntryLong = close + dis * pipsize EntryShort = close - dis * pipsize ENDIF IF Time >= 080000 AND Time <= 140000 THEN IF EntryLong and not tradelong THEN BUY 1 Contract AT EntryLong STOP SET STOP pLOSS hl SET TARGET pPROFIT gl Tradelong = 1 ENDIF IF EntryShort and not tradeshort THEN SELLSHORT 1 Contract AT EntryShort STOP SET STOP pLOSS hl SET TARGET pPROFIT gl tradeshort = 1 ENDIF endif

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  DEFPARAM CumulateOrders = FALSE Defparam Preloadbars = 1000 defparam Flatafter = 210000   ONCE TradeLong = 0 ONCE TradeShort = 0 IF IntraDayBarIndex = 0 THEN TradeLong = 0 TradeShort = 0 ENDIF   dis = 20 hl = dis gl = hl + 10 //start = hl   IF Time = 080000 THEN EntryLong = close + dis * pipsize EntryShort = close - dis * pipsize ENDIF   IF Time >= 080000 AND Time <= 140000 THEN   IF EntryLong and not tradelong THEN BUY 1 Contract AT EntryLong STOP SET STOP pLOSS hl SET TARGET pPROFIT gl Tradelong = 1 ENDIF   IF EntryShort and not tradeshort THEN SELLSHORT 1 Contract AT EntryShort STOP SET STOP pLOSS hl SET TARGET pPROFIT gl tradeshort = 1 ENDIF endif

   

   

  

  phoentzs

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  09/01/2021 at 12:50 PM #176588
  Nicolas

  You put STOP orders and increment your variable Tradelong and Tradeshort. But that stop orders might not trigger, so you are counting for nothing.

  

  Nicolas

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  09/01/2021 at 12:53 PM #176589
  phoentzs

  Without a tradecounter, the stop orders are triggered. But not with Tradecounter. Can you try EurUsd Mini M1 was my attempt.

  

  phoentzs

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  09/01/2021 at 1:12 PM #176592
  phoentzs

  Ha, I have it. the counter has to get out of the loop for stop orders and only count when the order is triggered and you are in the market. Thank you anyway.

  My Insert Code button doesn’t exist.

   

  if longonmarket then
  Tradelong = 1
  endif
  if shortonmarket then
  tradeshort = 1
  endif

  1 user thanked author for this post.

  Nicolas

  

  phoentzs

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  09/01/2021 at 1:14 PM #176593
  phoentzs

  Yes, sorry.

  if longonmarket then Tradelong = 1 endif if shortonmarket then tradeshort = 1 endif

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  if longonmarket then Tradelong = 1 endif if shortonmarket then tradeshort = 1 endif

  

  phoentzs

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  09/02/2021 at 5:35 AM #176630
  murre87

  Sorry for a stupid question. What do u do with the counter? Resultscreen show you how many trade the algo have done?

  

  murre87

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  09/02/2021 at 6:30 AM #176631
  phoentzs

  No, the other way around. You can use it to determine how many trades can be made in one day in each direction. In this case, one trade long, one trade short maximum per day.

  

  phoentzs

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  09/06/2021 at 1:54 PM #176870
  Bob Harris

  Hi,

  If you fix the counter issue and it still isn’t putting trades or it is erratic when it goes live, on you may want to try using “Buy at Market” rather than using a “buy stop” at the market level

  

  Bob Harris

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  09/06/2021 at 5:19 PM #176893
  phoentzs

  Yes I know. But I wanted to build the strategy with stop orders.

  

  phoentzs

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