Why does this system not open trades when testing in demo mode?

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  • #201195 quote
    borderlineJimborderlineJim
    Participant
    Senior
    DEFPARAM CumulateOrders = TRUE
    
    
    // Prevents the system from creating new orders to enter the market or increase position size before the specified time
    noEntryBeforeTime = 083000
    timeEnterBefore = time >= noEntryBeforeTime
     
    // Prevents the system from placing new orders to enter the market or increase position size after the specified time
    noEntryAfterTime = 170000
    timeEnterAfter = time < noEntryAfterTime
    
    // Prevents the system from placing new orders on specified days of the week
    daysForbiddenEntry = OpenDayOfWeek = 6 OR OpenDayOfWeek = 0
    
    
    timeframe(1 hour, UPDATEONCLOSE)
    Atr  = AverageTrueRange[14](close)
    PerC = Atr * 100 /  close
    Atr1  = AverageTrueRange[14](close)
    PerC1 = Atr * 100 /  close
    
    Change = ABS(close - close[10])
    calc = ABS(close-close[1])
    volat = summation[10](calc)
    ER = Change / volat
    
    vol1 = perc1 < v1
    vol2 = perc > v2
    noiseok = er > v3
    
    
    Change = ABS(close - close[10])
    calc = ABS(close-close[1])
    volat = summation[10](calc)
    km = Change / volat
    
    trend1 = close > km
    trend2 = close < km
    
    timeframe(10 minute, default)
    
    bearEngulf=(close[1] > open[1] and open > close and open >= close[1] and open[1] >= close and open - close > close[1] - open[1] )
    
    startBreakeven = AverageTrueRange[14](close)*sb
    PointsToKeep = AverageTrueRange[14](close)*pk
    
    //reset the breakevenLevel when no trade are on market
    IF NOT ONMARKET THEN
    breakevenLevel=0
    ENDIF
    
    //short entry
    if bearEngulf and trend1 and vol1 and vol2 and noiseok AND timeEnterBefore AND timeEnterAfter AND not daysForbiddenEntry then
    sellshort 1 contract at market
    endif
    
    IF SHORTONMARKET AND tradeprice(1)-close>startBreakeven*pipsize THEN
    //calculate the breakevenLevel
    breakevenLevel = tradeprice(1)-PointsToKeep*pipsize
    ENDIF
    //place the new stop orders on market at breakevenLevel
    IF breakevenLevel>0 THEN
    EXITSHORT AT breakevenLevel STOP
    ENDIF
    
    Hello Can anyone help me discover the reason why this system executes trades in Back-Test mode but not in demo Pro-Order? This system looks for Bearish Engulfing patterns on the 10 minute time frame and then executes orders on the one minute time-frame.  If a bearish engulfing forms on the 10 minute time-frame an order is executed at the start of every minutes on the 1 minute time-frame.  Multiple orders are therefore opened every minute within a single bullish engulfing in the 10 minute time-frame. I’m sure there is a relatively simple reason but as I am very much a novice. The code has not been commented on very well but I am sure some of the experts will quickly see what is going on with the system.  It is a trend following system with a basic filter and one of the trailing stop losses created by Nicholas, I believe. Thanks J
    #201200 quote
    GraHalGraHal
    Participant
    Master
    What Instrument and Timeframe and I’ll try it on my Platform to see if I get same as you.
    #201205 quote
    JSJS
    Participant
    Master

    Hi @borderlinejim

    With the code I miss the values of the following variables: pk, sb, v1, v2 and v3

    #201226 quote
    NicolasNicolas
    Keymaster
    Legend
    Did you launch it on a 10-min timeframe? Do you have sufficient amount of money on your demo account (free margin to execute 1 contract on gold).
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Why does this system not open trades when testing in demo mode?


ProOrder: Automated Strategies & Backtesting

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This topic contains 3 replies,
has 4 voices, and was last updated by NicolasNicolas
4 years ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 09/22/2022
Status: Active
Attachments: No files
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