2 Trading Strategies in one system

• 05/21/2024 at 1:17 PM #232873
  Lambo

  Hello

  I would like to backtest a system with has two different entrys. Every Entry has his own exit Strategies for take profit and SL.

  Is it possible to connect

  Entry 1 with Exit  parameter 1

  Entry 2 with Exit parameter 2

  Thank you!

   

  

  Lambo

  Participant

  Topics: 7

  Replies: 16

  Been thanked: 0 times
  05/21/2024 at 3:33 PM #232882
  robertogozzi

  There you go:

  DEFPARAM CumulateOrders = false // IF Not OnMarket THEN ID = 0 ENDIF // // strategy 1 // MyLongCondition1 = close CROSSES OVER average[20,0](close) MyShortCondition1 = close CROSSES UNDER average[20,0](close) IF Not OnMarket AND MyLongCondition1 THEN BUY 1 CONTRACT AT MARKET SET STOP pLOSS 100 SET TARGET pPROFIT 200 ID = 1 ENDIF IF Not OnMarket AND MyShortCondition1 THEN SELLSHORT 1 CONTRACT AT MARKET SET STOP pLOSS 100 SET TARGET pPROFIT 200 ID = 1 ENDIF // // strategy 2 // MyLongCondition2 = Rsi[14](close) CROSSES OVER 50 MyShortCondition2 = Rsi[14](close) CROSSES UNDER 50 IF Not OnMarket AND MyLongCondition2 THEN BUY 1 CONTRACT AT MARKET SET STOP pLOSS 120 SET TARGET pPROFIT 240 ID = 2 ENDIF IF Not OnMarket AND MyShortCondition2 THEN SELLSHORT 1 CONTRACT AT MARKET SET STOP pLOSS 120 SET TARGET pPROFIT 240 ID = 2 ENDIF graph ID

  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

  DEFPARAM CumulateOrders = false // IF Not OnMarket THEN    ID = 0 ENDIF // // strategy 1 // MyLongCondition1  = close CROSSES OVER  average[20,0](close) MyShortCondition1 = close CROSSES UNDER average[20,0](close) IF Not OnMarket AND MyLongCondition1 THEN    BUY 1 CONTRACT AT MARKET    SET STOP   pLOSS   100    SET TARGET pPROFIT 200    ID = 1 ENDIF IF Not OnMarket AND MyShortCondition1 THEN    SELLSHORT 1 CONTRACT AT MARKET    SET STOP   pLOSS   100    SET TARGET pPROFIT 200    ID = 1 ENDIF // // strategy 2 // MyLongCondition2  = Rsi[14](close) CROSSES OVER  50 MyShortCondition2 = Rsi[14](close) CROSSES UNDER 50 IF Not OnMarket AND MyLongCondition2 THEN    BUY 1 CONTRACT AT MARKET    SET STOP   pLOSS   120    SET TARGET pPROFIT 240    ID = 2 ENDIF IF Not OnMarket AND MyShortCondition2 THEN    SELLSHORT 1 CONTRACT AT MARKET    SET STOP   pLOSS   120    SET TARGET pPROFIT 240    ID = 2 ENDIF graph ID

   

  1 user thanked author for this post.

  Lambo

  

  robertogozzi

  Moderator

  Topics: 69

  Replies: 17133

  Been thanked: 4030 times
  05/21/2024 at 4:23 PM #232889
  Lambo

  Thank you

  How I have to change the code if i want to trade strategy 1 and 2 simultaneously.

  How can i splitt my strategy capital?

  I have 100.000 for each strategy.

  Thank you sir!

   

  

  Lambo

  Participant

  Topics: 7

  Replies: 16

  Been thanked: 0 times
  05/22/2024 at 9:21 AM #232912
  robertogozzi

  For the system it’s ONE strategy, so you can’t split the Capital among the two separate logical entries.

  If you want to allow both entries go the same direction, then you need to allow accumulating orders, then do not check that you are onmarket when openuing a new piosition.

  If, instead, you only want to allow them to go the opposite directions, then you have to bear in mind that the same strategy CANNOT open two opposite trades. So in this case you will need to resort to Stop & Reverse, thus closing the LONG trade when you want to go SHORT and viceversa.

   

   

  1 user thanked author for this post.

  Lambo

  

  robertogozzi

  Moderator

  Topics: 69

  Replies: 17133

  Been thanked: 4030 times
• Author
  Posts