Wait 20 bars before taking next signal

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    Posts
  • 08/02/2019 at 6:52 AM #104007 quote
    BC
    Participant
    Master

    Hi PRT Master

    I stuck on below last command, anyone can help?

    ”if last trade was a loser, wait 20 bars before taking the next signal.”

    For first part, use POSITIONPERF(n) command can solve, but how about the last?

    08/02/2019 at 7:12 AM #104008 quote
    robertogozzi
    Moderator
    Master

    Use a flag, say TradeOn, to enter a trade and set it to 1 by default.

    When you suffer a loss clear TradeOn and save your bar ID, then when 20 bars have elapsed reset it to 1 to reenable trading.

    ONCE TradeOn = 1
ONCE BarID   = 0
IF STRATEGYPROFIT < STRATEGYPROFIT[1] THEN
   TradeOn = 0
   BarID   = BarIndex
ENDIF
IF BarID > 0 AND (Barindex - BarID) > 20 THEN
   BardID  = 0
   TradeOn = 1
ENDIF
IF YourConditions AND TradeOn THEN
   BUY/SELSHORT....
ENDIF
    BC thanked this post
    08/02/2019 at 2:34 PM #104049 quote
    BC
    Participant
    Master

    It work! Thanks Robertogozzi.

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Wait 20 bars before taking next signal


ProOrder: Automated Strategies & Backtesting

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BC @robin_chan Participant
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This topic contains 2 replies,
has 2 voices, and was last updated by BC
6 years, 7 months ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 08/02/2019
Status: Active
Attachments: No files
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