X Max trade per day

• 10/13/2023 at 8:52 AM #222386
  Inertia

  Hello All !

  Hope you are doing well 😉

  1 – May I kindly ask for a snippet of code that would allow an auto strategy being triggered X MAX num of time per Day ?

  2 – Is there another snippet of code that will let the strategy keeping on being triggered until X Pts per day are achieved?

  Example > I am looking for a gain of 10 pts per day. First trigger, loss of -30 pts. I need 40 pips to achieve my daily goal (forget about the fees).  Best scenario, 4 wins in a row THEN the strategy will stop for the day.

  BIG THANKS

   

  

  Inertia

  Participant

  Topics: 40

  Replies: 223

  Been thanked: 52 times
  10/13/2023 at 9:30 AM #222390
  Nicolas

  1/ numerous topics for that:

  Max profit and loss each day in a trading strategy

  https://www.prorealcode.com/topic/1-gain-par-jour/#post-74368

  https://www.prorealcode.com/topic/1-position-par-jour/#post-46788

  https://www.prorealcode.com/topic/how-to-operate-just-once-in-a-day/

  https://www.prorealcode.com/topic/quick-question-one-order-per-day/

  https://www.prorealcode.com/topic/limiting-accumulating-orders-fuse/#post-25833

  https://www.prorealcode.com/topic/limite-le-trading-automatique-a-un-ordre-journalier/

  https://www.prorealcode.com/topic/max-number-of-trades-in-a-period/#post-176779

  https://www.prorealcode.com/topic/limite-du-nombre-de-trade-par-jour-ne-fonctionne-par-correctement/#post-165596

  …

  2/ code for Daily max loss/profit in points/pips:

  MaxProfit = 50 //max daily profit objective in pips MaxLoss = 40 //max daily loss in pips //max profit/loss achieved if day<>day[1] then strategyprofitpoint=0 //daily reset endif if(strategyprofit<>strategyprofit[1]) then pnl = strategyprofit-strategyprofit[1] size = max(startContract,abs(countofposition[1])) onepos = pnl/size pointprofit = onepos/pointvalue strategyprofitpoint = strategyprofitpoint+pointprofit endif allowtrading=1 if (strategyprofitpoint>=MaxProfit or strategyprofitpoint<=-MaxLoss) then allowtrading=0 endif

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

  MaxProfit = 50 //max daily profit objective in pips MaxLoss = 40 //max daily loss in pips //max profit/loss achieved if day<>day[1] then strategyprofitpoint=0 //daily reset endif if(strategyprofit<>strategyprofit[1]) then pnl = strategyprofit-strategyprofit[1] size = max(startContract,abs(countofposition[1])) onepos = pnl/size pointprofit = onepos/pointvalue strategyprofitpoint = strategyprofitpoint+pointprofit endif allowtrading=1 if (strategyprofitpoint>=MaxProfit or strategyprofitpoint<=-MaxLoss) then allowtrading=0 endif

   

  1 user thanked author for this post.

  Inertia

  

  Nicolas

  Keymaster

  Topics: 81

  Replies: 20828

  Been thanked: 4742 times
  10/13/2023 at 7:10 PM #222402
  Inertia

  X max trade per day (Max 2)

  //------------------------------------------------------------------------- // Main code : NSDQ Clo W Pré OCTOBRE 13 //------------------------------------------------------------------------- // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated DEFPARAM FLATBEFORE = 070000 DEFPARAM FLATAFTER = 213000 maxorders = 2 //max orders per day //reset the count of orders each day if intradaybarindex=0 then count = 0 endif //counting orders if onmarket and lastindex<>tradeindex then count=count+1 lastindex=tradeindex endif trailingstop = 6// Previous 25 if not onmarket then MAXPRICE = 0 priceexit = 0 endif if longonmarket then MAXPRICE = MAX(MAXPRICE,close) //saving the MFE of the current trade if MAXPRICE-tradeprice(1)>=trailingstop*pointsize then //if the MFE is higher than the trailingstop then priceexit = MAXPRICE-trailingstop*pointsize //set the exit price at the MFE - trailing stop price level endif endif //exit on trailing stop price levels if onmarket and priceexit>0 then SELL AT priceexit STOP endif // Conditions to enter long positions c1 = (low CROSSES UNDER 15112) IF NOT LONGONMARKET AND c1 THEN buy 1 SHARES AT MARKET ENDIF SET STOP %LOSS 0.2 SET TARGET %PROFIT 0.07

  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 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48

  //------------------------------------------------------------------------- // Main code : NSDQ Clo W Pré OCTOBRE 13 //------------------------------------------------------------------------- // Definition of code parameters DEFPARAM CumulateOrders     = False // Cumulating positions deactivated DEFPARAM FLATBEFORE         = 070000 DEFPARAM FLATAFTER          = 213000   maxorders = 2 //max orders per day //reset the count of orders each day if intradaybarindex=0 then count = 0 endif //counting orders if onmarket and lastindex<>tradeindex then count=count+1 lastindex=tradeindex endif   trailingstop = 6// Previous 25 if not onmarket then MAXPRICE = 0 priceexit = 0 endif if longonmarket then MAXPRICE = MAX(MAXPRICE,close) //saving the MFE of the current trade if MAXPRICE-tradeprice(1)>=trailingstop*pointsize then //if the MFE is higher than the trailingstop then priceexit = MAXPRICE-trailingstop*pointsize //set the exit price at the MFE - trailing stop price level endif endif   //exit on trailing stop price levels if onmarket and priceexit>0 then SELL AT priceexit STOP endif     // Conditions to enter long positions c1 = (low CROSSES UNDER 15112)   IF NOT LONGONMARKET AND c1 THEN buy 1 SHARES AT MARKET ENDIF   SET STOP %LOSS 0.2 SET TARGET %PROFIT 0.07

  Hello !

  This strategy keep buying indefinitely … I thought the code would have stopped after the second trade…

  Where is my mistakeplease??

  THANK YOU 😉

   

  

  Inertia

  Participant

  Topics: 40

  Replies: 223

  Been thanked: 52 times
  10/14/2023 at 4:37 PM #222456
  robertogozzi

  You added variable maxorders, but you never used it to enter trades, so it is useless. In addition count wasn’t correctly updated and wasn’t used either.

  I added maxpips to set a daily target, after which trading is disabled:

  DEFPARAM CumulateOrders = False // Cumulating positions deactivated DEFPARAM FLATBEFORE = 070000 DEFPARAM FLATAFTER = 213000 ONCE maxorders = 2 //max orders per day ONCE maxpips = 10 //max daily gain (in pips) ONCE count = 0 ONCE pips = 0 ONCE myProfit = 0 //reset the count of orders each day if intradaybarindex=0 then count = 0 pips = 0 myProfit = StrategyProfit endif //counting orders //if onmarket and lastindex<>tradeindex then //count=count+1 //lastindex=tradeindex //endif IF StrategyProfit <> StrategyProfit[1] THEN pips = pips + ((StrategyProfit - myProfit) / Pipvalue) IF pips >= maxpips THEN count = maxorders + 1 //disable trtading after reaching maxpips gain ENDIF ENDIF trailingstop = 6// Previous 25 if not onmarket then MAXPRICE = 0 priceexit = 0 endif if longonmarket then MAXPRICE = MAX(MAXPRICE,close) //saving the MFE of the current trade if MAXPRICE-tradeprice(1)>=trailingstop*pointsize then //if the MFE is higher than the trailingstop then priceexit = MAXPRICE-trailingstop*pointsize //set the exit price at the MFE - trailing stop price level endif endif //exit on trailing stop price levels if onmarket and priceexit>0 then SELL AT priceexit STOP endif // Conditions to enter long positions c1 = (low CROSSES UNDER 15112) IF NOT LONGONMARKET AND c1 AND count < maxorders THEN buy 1 SHARES AT MARKET count=count+1 ENDIF SET STOP %LOSS 0.2 SET TARGET %PROFIT 0.07

  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 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50

  DEFPARAM CumulateOrders     = False // Cumulating positions deactivated DEFPARAM FLATBEFORE         = 070000 DEFPARAM FLATAFTER          = 213000 ONCE maxorders = 2    //max orders per day ONCE maxpips   = 10   //max daily gain (in pips) ONCE count     = 0 ONCE pips      = 0 ONCE myProfit  = 0 //reset the count of orders each day if intradaybarindex=0 then count    = 0 pips     = 0 myProfit = StrategyProfit endif   //counting orders //if onmarket and lastindex<>tradeindex then //count=count+1 //lastindex=tradeindex //endif IF StrategyProfit <> StrategyProfit[1] THEN pips = pips + ((StrategyProfit - myProfit) / Pipvalue) IF pips >= maxpips THEN count = maxorders + 1   //disable trtading after reaching maxpips gain ENDIF ENDIF trailingstop = 6// Previous 25 if not onmarket then MAXPRICE = 0 priceexit = 0 endif if longonmarket then MAXPRICE = MAX(MAXPRICE,close) //saving the MFE of the current trade if MAXPRICE-tradeprice(1)>=trailingstop*pointsize then //if the MFE is higher than the trailingstop then priceexit = MAXPRICE-trailingstop*pointsize //set the exit price at the MFE - trailing stop price level endif endif //exit on trailing stop price levels if onmarket and priceexit>0 then SELL AT priceexit STOP endif // Conditions to enter long positions c1 = (low CROSSES UNDER 15112)   IF NOT LONGONMARKET AND c1 AND count < maxorders THEN buy 1 SHARES AT MARKET count=count+1 ENDIF SET STOP %LOSS 0.2 SET TARGET %PROFIT 0.07

   

   

   

  1 user thanked author for this post.

  Inertia

  

  robertogozzi

  Moderator

  Topics: 69

  Replies: 16469

  Been thanked: 3643 times
  10/14/2023 at 4:48 PM #222459
  Inertia

  THANK YOU very much Roberto !  I keep this one safe.

  Have a nice week-end.

  Damien

  1 user thanked author for this post.

  robertogozzi

  

  Inertia

  Participant

  Topics: 40

  Replies: 223

  Been thanked: 52 times
• Author
  Posts