Trailing buy order

• 06/26/2016 at 1:50 PM #9861
  absent1980

  Hi everyone,

  Just wondered if you could advise on few things.

  1. How to code trailing BUY orders based on a price difference from a previous order?
  2. How to code current remaining account balance or percentage from it?

  Thanks.

  

  absent1980

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  06/27/2016 at 8:38 AM #9867
  Nicolas

  Hello,

  You can try these codes for trailing stop functions:

  http://www.prorealcode.com/blog/learning/trailing-stop-max-favorable-execution-mfe/

  http://www.prorealcode.com/blog/trading/complete-trailing-stop-code-function/

  To retrieve the current balance of your account, you need first to set a variable with the balance amount at the launch of the algorithm, because it is not possible to get it with code. Then just add the strategy profit to it and you’ll get the current balance amount:

  initialbalance = 9500 //set it one time at script launch currentbalance = initialbalance + STRATEGYPROFIT

  1 2	initialbalance = 9500 //set it one time at script launch currentbalance = initialbalance + STRATEGYPROFIT

   

  

  Nicolas

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  06/29/2016 at 12:58 AM #9979
  absent1980

  Thank you, much appreciated.

  

  absent1980

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  06/29/2016 at 6:50 PM #9995
  absent1980

  I looked at some examples of cumulative orders but not entirely sure how to translate them into a buying order such as:

  Buying 1st order at price x, 2nd order at price x + variable, 3d order at the price of a previous order + variable

  There are examples for shares but there is no equivalent for spreadbetting where position expressed as £pp

  Example:

  DEFPARAM CumulateOrders = True If CountOfPosition < 2 THEN Buy 1 shares at 2 Limit Buy 1 shares at 3 Limit Endif

  1 2 3 4 5

  DEFPARAM CumulateOrders = True If CountOfPosition < 2 THEN Buy 1 shares at 2 Limit Buy 1 shares at 3 Limit Endif

   

  

  absent1980

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  06/29/2016 at 7:02 PM #9999
  Nicolas

  You can find example of adding positions in the TRADEPRICE instruction page :

  http://www.prorealcode.com/documentation/tradeprice/

  

  Nicolas

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  06/29/2016 at 9:15 PM #10004
  absent1980

  Tried suggested code but system constantly adds positions at stated interval, how to limit them to 3 ?

  IF c1 THEN BUY Positionsize PERPOINT AT MARKET ENDIF If CountOfPosition < 2 then ENDIF IF BARINDEX-TRADEINDEX(1)>increment AND Close-TRADEPRICE(1)>increment*2 AND LongOnMarket THEN BUY positionsize perpoint at market ENDIF

  1 2 3 4 5 6 7 8

  IF c1 THEN BUY Positionsize PERPOINT AT MARKET ENDIF If CountOfPosition < 2 then ENDIF IF BARINDEX-TRADEINDEX(1)>increment AND Close-TRADEPRICE(1)>increment*2 AND LongOnMarket THEN BUY positionsize perpoint at market ENDIF

  Thank you.

  

  absent1980

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  06/29/2016 at 9:39 PM #10005
  Nicolas

  Your ENDIF at line 5 should be at the end of the code otherwise your count of position test is doing nothing.

  

  Nicolas

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  06/29/2016 at 10:26 PM #10006
  absent1980

  Done that. Still buying/selling orders continuously until exit. I need to limit them to 3 or 4 max. Any ideas? Thanks

  

  absent1980

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  06/30/2016 at 12:40 AM #10008
  absent1980

  Seems to be working now. Thank you for your advice.

  

  absent1980

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