3 trades per day

• 12/17/2019 at 9:40 AM #115024
  Razz

  Hi

  I want my trading system to only do 3 trades a day, what do I have to do?

  I don’t know what to do next

  Thank you

   

  once Tradetag=0 If onmarket then Tradetag=date endif If not onmarket and time>= Startzeit and time < Endzeit and Tradetag<>date and Spannepoints < MaxBox then BUY Position Lot AT Hi+L Stop Sellshort Position Lot AT Lo-S Stop

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  once Tradetag=0 If onmarket then Tradetag=date endif If not onmarket and time>= Startzeit and time < Endzeit and Tradetag<>date  and Spannepoints < MaxBox  then BUY Position Lot AT Hi+L Stop Sellshort Position Lot AT Lo-S Stop

   

  

  Razz

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  12/17/2019 at 10:29 AM #115028
  Mauro T. “Algorithm System”

  Try this, it should work.

  if intradaybarindex = 0 then countposition=0 endif condnbposperday=countposition <= 3 if not longonmarket and condition and condnbposperday then buy 1 shares at market countposition=countposition+1 endif

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  if intradaybarindex = 0 then countposition=0 endif condnbposperday=countposition <= 3 if not longonmarket and condition and condnbposperday then buy 1 shares at market countposition=countposition+1 endif

   

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  robertogozzi

  

  Mauro T. “Algorithm System”

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  12/17/2019 at 10:39 AM #115030
  Vonasi

  Mauro – your suggestion only works for at market orders. Razz’s example uses stop orders and so it is that a trade can be opened and closed within a candle. This means that simply adding one to a count does not work and using COUNTOFPOSITION does not work as the count would be zero at the candles close in this case.

  We need to check both COUNTOFPOSITION and STRATEGYPROFIT at the candles close. Nicolas has a code snippet which hopefully he will share again here soon.

  

  Vonasi

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  12/17/2019 at 10:39 AM #115031
  Nicolas

  The problem is that Razz is using pending stop orders and so you can’t increase an order count each time you set them, but when they are actually triggered.

  Try with this snippet:

  if intradaybarindex=0 or day<>day[1] then count=0 endif if ( (not onmarket and onmarket[1] and not onmarket[2]) or (tradeindex(1)=tradeindex(2) and tradeindex(1)=barindex[1] and tradeindex(1)>0) or (not onmarket and onmarket[1])) then count=count+1 endif if count<3 then ... endif

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  if intradaybarindex=0 or day<>day[1] then count=0 endif   if  ( (not onmarket and onmarket[1] and not onmarket[2]) or (tradeindex(1)=tradeindex(2) and tradeindex(1)=barindex[1] and tradeindex(1)>0) or (not onmarket and onmarket[1]))   then   count=count+1 endif   if count<3 then ... endif

   

  

  Nicolas

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  12/17/2019 at 10:40 AM #115032
  Nicolas

  “soon” means at the same exact time Vonasi 😆

  

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  12/17/2019 at 10:44 AM #115034
  Vonasi

  Nicolas wrote:

  “soon” means at the same exact time Vonasi 😆

  I knew you were fast but not that fast!

  

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  12/17/2019 at 11:08 AM #115038
  Razz

  Thank you for your help, I hope I entered it correctly. I watch how it works.

  if intradaybarindex=0 or day<>day[1] then count=0 endif if ( (not onmarket and onmarket[1] and not onmarket[2]) or (tradeindex(1)=tradeindex(2) and tradeindex(1)=barindex[1] and tradeindex(1)>0) or (not onmarket and onmarket[1])) then count=count+1 endif if count<3 then Trade=1 endif If not onmarket and time>= Startzeit and time < Endzeit and Trade=1 and Spannepoints < MaxBox then BUY Position Lot AT Hi+(Spread/2) Stop Sellshort Position Lot AT Lo-(Spread/2) Stop

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  if intradaybarindex=0 or day<>day[1] then count=0 endif if  ( (not onmarket and onmarket[1] and not onmarket[2]) or (tradeindex(1)=tradeindex(2) and tradeindex(1)=barindex[1] and tradeindex(1)>0) or (not onmarket and onmarket[1]))   then count=count+1 endif if count<3 then Trade=1 endif If not onmarket and time>= Startzeit and time < Endzeit and Trade=1  and Spannepoints < MaxBox  then BUY Position Lot AT Hi+(Spread/2) Stop Sellshort Position Lot AT Lo-(Spread/2) Stop

   

  Thank you

  

  Razz

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  12/17/2019 at 11:56 AM #115042
  Nicolas

  It will not work as you never reset “Trade” to 0. You should do it like this:

  if intradaybarindex=0 or day<>day[1] then count=0 endif if ( (not onmarket and onmarket[1] and not onmarket[2]) or (tradeindex(1)=tradeindex(2) and tradeindex(1)=barindex[1] and tradeindex(1)>0) or (not onmarket and onmarket[1])) then count=count+1 endif If not onmarket and time>= Startzeit and time < Endzeit and count<3 and Spannepoints < MaxBox then BUY Position Lot AT Hi+(Spread/2) Stop Sellshort Position Lot AT Lo-(Spread/2) Stop

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  if intradaybarindex=0 or day<>day[1] then count=0 endif if  ( (not onmarket and onmarket[1] and not onmarket[2]) or (tradeindex(1)=tradeindex(2) and tradeindex(1)=barindex[1] and tradeindex(1)>0) or (not onmarket and onmarket[1]))   then count=count+1 endif If not onmarket and time>= Startzeit and time < Endzeit and count<3  and Spannepoints < MaxBox  then BUY Position Lot AT Hi+(Spread/2) Stop Sellshort Position Lot AT Lo-(Spread/2) Stop

   

  

  Nicolas

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  12/17/2019 at 12:01 PM #115043
  Razz

  I probably did something wrong, in the picture all 3 systems. 2 trades are not ok

  if intradaybarindex=0 or day<>day[1] then count=0 endif if ( (not onmarket and onmarket[1] and not onmarket[2]) or (tradeindex(1)=tradeindex(2) and tradeindex(1)=barindex[1] and tradeindex(1)>0) or (not onmarket and onmarket[1])) then count=count+1 endif if count<3 then Trade=1 endif If not onmarket and time>= Startzeit and time < Endzeit and Trade=1 and Spannepoints < MaxBox then BUY Position Lot AT Hi+(Spread/2) Stop Sellshort Position Lot AT Lo-(Spread/2) Stop ENDIF // Stops und Targets SET STOP pLOSS Spannepoints*y SET TARGET pPROFIT Spannepoints *x

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  if intradaybarindex=0 or day<>day[1] then count=0 endif if  ( (not onmarket and onmarket[1] and not onmarket[2]) or (tradeindex(1)=tradeindex(2) and tradeindex(1)=barindex[1] and tradeindex(1)>0) or (not onmarket and onmarket[1]))   then count=count+1 endif if count<3 then Trade=1 endif   If not onmarket  and time>= Startzeit and time < Endzeit and Trade=1  and Spannepoints < MaxBox  then BUY Position Lot AT Hi+(Spread/2) Stop Sellshort Position Lot AT  Lo-(Spread/2) Stop   ENDIF // Stops und Targets SET STOP pLOSS Spannepoints*y SET TARGET pPROFIT Spannepoints *x

   

  

  Razz

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  12/17/2019 at 12:10 PM #115045
  Razz

  Thanks Nicolas the new code is better but he is still buying a position he is not allowed to.
  please look at the Picture.

  Many thanks for your help

  

  Razz

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  12/17/2019 at 1:13 PM #115065
  Nicolas

  Why not allowed?, the max position is set to 3 per day and I count 3 orders on your last screenshot.

  

  Nicolas

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  12/17/2019 at 1:27 PM #115067
  Razz

  3 trades are ok, but the 3 entry must not be, condition should be that the Lo of the range 0800-0900 is the signal.

  

  Razz

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  12/17/2019 at 3:08 PM #115086
  Razz

  Nicolas I work limited to 2 trades per day, the results have changed very well. less profit trading but more profit. I will continue to watch the whole thing and if I really run the strategy in the real account a programmer should look over there.

  Nicolas,Vonasi,Mauro

  Many thanks for your help

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  Nicolas

  

  Razz

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  12/17/2019 at 3:57 PM #115099
  cjr30

  Good afternoon. I am sorry that I get involved in the Razz issue. I have a similar system in which instead of limiting the number of daily orders, I limit the number of lost orders.
  I comment because your system reminds me of one that I have, based on the Mark Fisher ACD system. In this system, the maximum and minimum are set in a time range, but those values are not entered, but the maximum amount is added by the percentage of the average true range value of the previous day and the minimum is subtracted That same percentage. This prevents us from false breaks.
  As you can see on the screen you have said you say that the last operation is not allowed, however, notice, that it returns almost to the initial position (that is, at the minimum of the range), then go back down and have a very good operation.
  It is simply an idea.

  

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  12/18/2019 at 1:53 PM #115167
  Razz

  Nicolas the code for the 3 trades works, but unfortunately the entry conditions after the 1 trade no longer work. Entry should only be if it goes over the High Line or under the Low Line. If I use crosses over / under it only starts with the next candle. Do you have a solution?

  Thank you

  once Bars=60 once Hi=0 once Lo=0 If time = 090000 then Hi=highest[Bars](high) Lo=lowest[Bars](low) endif Spannepoints=(Hi-Lo)/pointsize MaxBox = MB if intradaybarindex=0 or day<>day[1] then count=0 endif if ( (not onmarket and onmarket[1] and not onmarket[2]) or (tradeindex(1)=tradeindex(2) and tradeindex(1)=barindex[1] and tradeindex(1)>0) or (not onmarket and onmarket[1])) then count=count+1 endif If not onmarket and time>= Startzeit and time < Endzeit and count<3 and Spannepoints < MaxBox then BUY Position Lot AT Hi+(Spread/2) Stop Sellshort Position Lot AT Lo-(Spread/2) Stop ENDIF // Stops und Targets SET STOP pLOSS Spannepoints*y SET TARGET pPROFIT Spannepoints *x

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  once Bars=60         once Hi=0 once Lo=0 If time = 090000 then           Hi=highest[Bars](high) Lo=lowest[Bars](low) endif   Spannepoints=(Hi-Lo)/pointsize   MaxBox = MB     if intradaybarindex=0 or day<>day[1] then count=0 endif if  ( (not onmarket and onmarket[1] and not onmarket[2]) or (tradeindex(1)=tradeindex(2) and tradeindex(1)=barindex[1] and tradeindex(1)>0) or (not onmarket and onmarket[1]))   then count=count+1 endif If not onmarket and time>= Startzeit and time < Endzeit and count<3  and Spannepoints < MaxBox  then BUY Position Lot AT Hi+(Spread/2) Stop Sellshort Position Lot AT Lo-(Spread/2) Stop   ENDIF // Stops und Targets SET STOP pLOSS Spannepoints*y SET TARGET pPROFIT Spannepoints *x

   

   

  

  Razz

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