Wait for x bars before entry

• 06/05/2021 at 12:25 PM #171194
  ProRealP

  Hello!

  I’ve been using PRT  and reading the forums for about 7 months, but haven’t posted anything before now.

  My question is quite simple. I would like to wait for x bars before taking an entry when my conditions are met.

  Let’s say my system is something like this

  defparam cumulateorders = false positionsize = 1 Indicator1 = average[100] indicator2 = average[50] c1 = indicator2 crosses over indicator1 If c1 then buy positionsize contract at market endif

  1 2 3 4 5 6 7 8 9 10 11

  defparam cumulateorders = false   positionsize = 1   Indicator1 = average[100] indicator2 = average[50] c1 = indicator2 crosses over indicator1   If c1 then buy positionsize contract at market endif

  How can i get the buy function to first wait x bars before taking position?
  I’ve searched the forums, but haven’t been able to find anything like this.

  Thanks!

  

  ProRealP

  Participant

  Topics: 7

  Replies: 47

  Been thanked: 2 times
  06/05/2021 at 1:16 PM #171196
  robertogozzi

  Not tested:

  defparam cumulateorders = false  N = 3 //wait 3 bars positionsize = 1 Once count = 0 Count = count - 1 Indicator1 = average[100] indicator2 = average[50] c1 = indicator2 crosses over indicator1   If c1 then Cond = 1 Count = N endif If cond and count = 0 then buy positionsize contract at market Cond = 0 endif

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19

  defparam cumulateorders = false  N           = 3  //wait 3 bars positionsize = 1 Once count = 0 Count      = count - 1   Indicator1 = average[100] indicator2 = average[50] c1 = indicator2 crosses over indicator1   If c1 then    Cond  = 1    Count = N endif   If cond and count = 0 then    buy positionsize contract at market    Cond = 0 endif

   

  1 user thanked author for this post.

  ProRealP

  

  robertogozzi

  Moderator

  Topics: 69

  Replies: 17894

  Been thanked: 4508 times
  06/06/2021 at 7:14 AM #171223
  ProRealP

  Works like a charm!

  Thanks for your help and all the good work you do here, Roberto!

  Appreciate it!

  

  ProRealP

  Participant

  Topics: 7

  Replies: 47

  Been thanked: 2 times
  06/06/2021 at 8:19 AM #171224
  ProRealP

  I’m experiencing a strange issue. The code works, but sometimes it reverses the position compared to an identical system that doesn’t wait x bars before taking position. The code should only count and then buy/sell, yes? I made it like this to buy and short. Can you see a problem with this, or a reason why it would take a different position?

  N = 3 //wait 3 bars Once count = 0 Count = count - 1 If c5 then CondBuy = 1 Count = N endif If c6 then CondSell = 1 Count = N endif If CondBuy and count = 0 and not onmarket then buy positionsize contract at market CondBuy = 0 endif If CondSell and count = 0 and not onmarket then sellshort positionsize contract at market CondSell = 0 endif

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23

  N = 3 //wait 3 bars Once count = 0 Count = count - 1   If c5 then CondBuy = 1 Count = N endif   If c6 then CondSell = 1 Count = N endif   If CondBuy and count = 0 and not onmarket then buy positionsize contract at market CondBuy = 0 endif   If CondSell and count = 0 and not onmarket then sellshort positionsize contract at market CondSell = 0 endif

  

  ProRealP

  Participant

  Topics: 7

  Replies: 47

  Been thanked: 2 times
  06/06/2021 at 8:41 AM #171225
  robertogozzi

  Try replacing line 5 with:

  If c5 and Count < 0 then

  1	If c5 and Count < 0 then

  and line 10 with:

  If c6 and Count < 0 then

  1	If c6 and Count < 0 then

  

  robertogozzi

  Moderator

  Topics: 69

  Replies: 17894

  Been thanked: 4508 times
  06/06/2021 at 9:20 AM #171226
  ProRealP

  It still reverses some positions. It’s quite odd since the conditions are identical..

  

  ProRealP

  Participant

  Topics: 7

  Replies: 47

  Been thanked: 2 times
  06/06/2021 at 9:44 AM #171230
  robertogozzi

  What exactly do you mean by “it reverses the position” because it can’t reverse as checking if NOT ON MARKET bans  from entering if a trade is open?

   

   

  

  robertogozzi

  Moderator

  Topics: 69

  Replies: 17894

  Been thanked: 4508 times
  06/06/2021 at 9:52 AM #171235
  ProRealP

  Quite! It was poorly explained by me. What I mean is that the system without this code takes a long position, and the one with the code then takes a short position instead, but 3 candles later. I believe this picture will make it clearer.

  

  ProRealP

  Participant

  Topics: 7

  Replies: 47

  Been thanked: 2 times
  06/06/2021 at 10:50 AM #171242
  robertogozzi

  Try this one:

  N = 3 //wait 3 bars Once count = 0 Count = count - 1 If c5 then CondBuy = 1 CondSell = 0 Count = N endif If c6 then CondSell = 1 CondBuy = 0 Count = N endif If CondBuy and count = 0 and not onmarket then buy positionsize contract at market CondBuy = 0 endif If CondSell and count = 0 and not onmarket then sellshort positionsize contract at market CondSell = 0 endif

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25

  N = 3 //wait 3 bars Once count = 0 Count = count - 1 If c5 then CondBuy = 1 CondSell = 0 Count = N endif If c6 then CondSell = 1 CondBuy = 0 Count = N endif If CondBuy and count = 0 and not onmarket then buy positionsize contract at market CondBuy = 0 endif If CondSell and count = 0 and not onmarket then sellshort positionsize contract at market CondSell = 0 endif

  1 user thanked author for this post.

  ProRealP

  

  robertogozzi

  Moderator

  Topics: 69

  Replies: 17894

  Been thanked: 4508 times
  06/06/2021 at 12:00 PM #171252
  ProRealP

  Yes, now it’s working flawlessly! Thanks again, Roberto. Much appreciated

  

  ProRealP

  Participant

  Topics: 7

  Replies: 47

  Been thanked: 2 times
• Author
  Posts