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Wait 20 bars before taking next signal

BC · 2019-08-02T05:52:21+00:00

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?

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ProOrder: Automated Strategies & Backtesting
Wait 20 bars before taking next signal

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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

Legend
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
7 years, 2 months ago.

Topic Details

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

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Wait 20 bars before taking next signal

Stuck on this ProBuilder code?

Wait 20 bars before taking next signal ProOrder: Automated Strategies & Backtesting

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Wait 20 bars before taking next signal

ProOrder: Automated Strategies & Backtesting