Tradeindex – Define please

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  • #7307 quote
    GraHal
    Participant
    Master

    Which of the following is correct please?

    • Tradeindex is the number of bars since the last trade, a number which increases until the next trade.       Example: First Trade at ‘Barindex 250’ and so BarIndex 250 is the same bar as Tradeindex 1 and barindex 251 is same bar as Tradeindex 252 etc.  Next Trade at barindex 300 and so barindex 300 is same bar as tradeindex 1 and barindex 301 is same bar as Tradeindex 2. The trade at barindex 250 is then Tradeindex(1) 1 and barindex 251 is same bar as Tradeindex(2)2
    • Tradindex is the bar index number of the last trade, i.e a single number that doesnt change until the next trade.  Example: First trade at ‘barindex 250’ which is tradeindex 250 and then after another 50 bars at barindex 300 the next trade occured and so tradeindex is now 300 and tradeindex(1) is 250.

    I reckon I can now see the answer … its the 2nd paragraph above??

    I have read the PRT manual re Tradeindex and this site but still not 100% sure.

    Thanks

    GraHal

    #7315 quote
    Nicolas
    Keymaster
    Master

    Hi GraHal, you are right with the 2nd paragraph.

    The tradeindex is the exact same number of the barindex when the trade occurred. This number will never change for this trade of course.

    I realize there is a mistake in the website documentation about this instruction, I’ll fix it today. Sorry for inconvenience 🙂

    When you are not sure of what values something do return, just use the GRAPH instruction, that’s what I have done for your question.

    #7325 quote
    GraHal
    Participant
    Master

    Thank you once again Nicolas!

    I woke this morning, thinking … I could have used the GRAPH function as Nicolas mentioned on another issue I had … thank you for your patience.

    Cheers

    GraHal

    #220370 quote
    Michel_I
    Participant
    New

    Bonjour à tous !

    J’essaie de programmer un code qui achète lorsqu’un signal est donné (ex RSI <15) et qui ne vendra QUE si la cloture d’une bougie suivante est supérieure au prix d’achat.

    Mon problème est que si la bougie d’achat cloture plus haut que le prix d’achat, le trade est cloturé…

    J’essaie de placer cette ligne :

    If LONGONMARKET  and barindex > tradeindex  and close > positionprice then …

    Mais cela ne fonctionne pas…

    Je ne vois pas ce qui cloche…

    Merci de votre aide !

    Michel

    Hello everyone ! I am trying to program a code that buys when a signal is given (eg RSI <15) and which will ONLY sell if the close of a following candle is higher than the purchase price. My problem is that if the buy candle closes higher than the buy price, the trade is closed… I try to place this line:

    If LONGONMARKET and barindex > tradeindex and close > positionprice then…

    But This doesn’t work… I don’t see what’s wrong… Thank you for your help! Michael

    #220373 quote
    GraHal
    Participant
    Master

    Try below

    If LONGONMARKET[1]  and barindex > tradeindex  and close > positionprice then …
    #220379 quote
    JS
    Participant
    Senior

    Hi,

    If you do not want the position in the same bar to open and close, use:

    BarIndex-TradeIndex>1

    If LongOnMarket and (BarIndex-TradeIndex)>1 and Close > TradePrice then

    Sell at Market

    EndIf

    GraHal thanked this post
    #220456 quote
    Michel_I
    Participant
    New
    Thanks to GraHal and JS ! It works !!!
    GraHal thanked this post
    #220484 quote
    robertogozzi
    Moderator
    Master
    @Michel_I Only post in the language of the forum that you are posting in. For example English only in the English speaking forums and French only in the French speaking forums. Thank you 🙂
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Tradeindex – Define please


ProOrder: Automated Strategies & Backtesting

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This topic contains 7 replies,
has 4 voices, and was last updated by robertogozzi
2 years, 5 months ago.

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Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 05/18/2016
Status: Active
Attachments: 1 files
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