Auto Trading Entry/Exit

• 07/21/2021 at 10:30 PM #173971
  SpreadBetMH

  Hello,

  So I tried my first Trading System on Demo, its on a 2min chart, it opens an Entry and then at the same time exit.

  I’m sure its not a fault with the software, its me.

  

  SpreadBetMH

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  07/21/2021 at 10:52 PM #173972
  robertogozzi

  Great you could find out how to make it work!

  Is there anything you missed to ask?

   

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  SpreadBetMH

  

  robertogozzi

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  07/22/2021 at 8:02 AM #173976
  PeterSt

  SpreadBetMH wrote:

  it opens an Entry and then at the same time exit.

  Just show us your code and we probably will be able to see why it Exits right away.
  You best insert your code by means of the “Add PRT Code” button, but on my screen that button has disappeared.

  
  @Roberto, it should be there, see attachment. So I am probably blind today.

  

  PeterSt

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  07/22/2021 at 8:03 AM #173978
  PeterSt

  PS: And after posting my message, the button is suddenly back ? (see attachment).
  Apologies I did not make a screenshot of the “Visual” tab when it was missing.

  

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  07/22/2021 at 8:44 AM #173981
  robertogozzi

  There’s a bug that Nicolas is investigating.

  It often appears again by refreshing the page.

  In the meantime you can use the TEXT tab, which works.

   

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  robertogozzi

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  07/23/2021 at 12:19 PM #174053
  SpreadBetMH

  Hi there, this is the code

  // Definition of code parameters
  DEFPARAM CumulateOrders = False // Cumulating positions deactivated
  // The system will cancel all pending orders and close all positions at 0:00. No new ones will be allowed until after the “FLATBEFORE” time.
  DEFPARAM FLATBEFORE = 080000
  // Cancel all pending orders and close all positions at the “FLATAFTER” time
  DEFPARAM FLATAFTER = 235500

  // Prevents the system from creating new orders to enter the market or increase position size before the specified time
  noEntryBeforeTime = 080000
  timeEnterBefore = time >= noEntryBeforeTime

  // Prevents the system from placing new orders to enter the market or increase position size after the specified time
  noEntryAfterTime = 163000
  timeEnterAfter = time < noEntryAfterTime

  // Prevents the system from placing new orders on specified days of the week
  daysForbiddenEntry = OpenDayOfWeek = 6 OR OpenDayOfWeek = 0

  // Conditions to enter long positions
  indicator1 = Average[11](close)
  indicator2 = Average[47](close)
  c1 = (indicator1 CROSSES OVER indicator2)

  IF c1 AND timeEnterBefore AND timeEnterAfter AND not daysForbiddenEntry THEN
  BUY 1000 PERPOINT AT MARKET
  ENDIF

  // Conditions to exit long positions
  indicator3 = Average[47](close)
  indicator4 = Average[11](close)
  c2 = (indicator3 CROSSES OVER indicator4)

  IF c2 THEN
  SELL AT MARKET
  ENDIF

  // Conditions to enter short positions
  indicator5 = Average[47](close)
  indicator6 = Average[11](close)
  c3 = (indicator5 CROSSES OVER indicator6)

  IF c3 AND timeEnterBefore AND timeEnterAfter AND not daysForbiddenEntry THEN
  SELLSHORT 1000 PERPOINT AT MARKET
  ENDIF

  // Conditions to exit short positions
  indicator7 = Average[11](close)
  indicator8 = Average[47](close)
  c4 = (indicator7 CROSSES OVER indicator8)

  IF c4 THEN
  EXITSHORT AT MARKET
  ENDIF

  // Stops and targets
  SET STOP pLOSS 35
  SET TARGET pPROFIT 179

  

  SpreadBetMH

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  07/23/2021 at 1:31 PM #174054
  PeterSt

  IF c1 AND timeEnterBefore AND timeEnterAfter AND not daysForbiddenEntry THEN BUY 1000 PERPOINT AT MARKET ENDIF // Conditions to exit long positions indicator3 = Average[47](close) indicator4 = Average[11](close) c2 = (indicator3 CROSSES OVER indicator4) IF c2 THEN SELL AT MARKET ENDIF

  1 2 3 4 5 6 7 8 9 10 11 12

  IF c1 AND timeEnterBefore AND timeEnterAfter AND not daysForbiddenEntry THEN   BUY 1000 PERPOINT AT MARKET ENDIF   // Conditions to exit long positions indicator3 = Average[47](close) indicator4 = Average[11](close) c2 = (indicator3 CROSSES OVER indicator4)   IF c2 THEN   SELL AT MARKET ENDIF

   

  I did not try to follow your conditions really, in order to see that both conditions can be True and thus the first thing what may happen is the BUY and the subsequent next may be the SELL (this will probably happen in the next bar (call of the program) or else both cancel each other anyway).

  What lacks is lines like

  If not OnMarket then // Do your Buy or Sell thing. Endif // or : If not LongOnMarket then // Do your Buy thing. Endif // or : If ShortOnMarket then // Do your Exit Short thing. Endif

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

  If not OnMarket then   // Do your Buy or Sell thing. Endif   // or :   If not LongOnMarket then   // Do your Buy thing. Endif   // or :   If ShortOnMarket then   // Do your Exit Short thing. Endif

  It is not per se so that a Sell without being OnMarket will imply a Short in code, though under conditions this may happen (like my “cancel out each other” example). It is merely about the logic you need to apply because else you will Buy (or Exit) two times.

  Good luck now !

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  PeterSt

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