Buy order not executed in v10.3?

• 03/08/2017 at 10:51 PM #27876
  Nate

  Hi everyone,

  I am new to PRT.  Can anyone please help me.  I would like to execute buy or sell orders based on my target price variable.  Unfortunately, I cannot get the below code in PRT 10.3 via IG Index UK to work.

  Ideally, I would like to achieve the following:-

  • Execute two orders, if the current price is ± of myPrice.  So between 10533 and 10553 say.
  • Set one order limit to 10 points/pips
  • Once the first order hits the 10 point/pip limit, the second order stop loss is set to break even.  The idea is to then swing trade the second order.  Is this possible to achieve in ProOrder?
  • Is it possible to manage two orders placed manually with ProOrder to acieve the above?

  Many thanks in advance.

  // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated myPrice = (10543) myTradeSize = (5) // Conditions to enter long positions c1 = (close > myPrice-10 AND close < myPrice+10) IF c1 THEN BUY myTradeSize PERPOINT AT MARKET SET STOP LOSS 20 SET TARGET $PROFIT 100 ENDIF // Conditions to exit long positions c2 = (close CROSSES UNDER myPrice-30) IF c2 THEN SELL AT MARKET ENDIF

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  // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated   myPrice = (10543) myTradeSize = (5)   // Conditions to enter long positions c1 = (close > myPrice-10 AND close < myPrice+10)   IF c1 THEN BUY myTradeSize PERPOINT AT MARKET SET STOP LOSS 20 SET TARGET $PROFIT 100 ENDIF   // Conditions to exit long positions c2 = (close CROSSES UNDER myPrice-30)   IF c2 THEN SELL AT MARKET ENDIF

   

  

  Nate

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  03/09/2017 at 12:26 AM #27893
  GraHal

  Hi Nate

  At first glance the code looks like it should work to me, but you sure you don’t want

  <span class="token keyword">SET STOP</span> <span style="color: #ff0000;"><strong>p</strong></span><span class="token keyword">LOSS</span> <span class="token number">20 (20 points) </span>

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  <span class="token keyword">SET STOP</span> <span style="color: #ff0000;"><strong>p</strong></span><span class="token keyword">LOSS</span> <span class="token number">20  (20 points)   </span>

  which is 20 units, but I’ve forgotten what a Unit is??:) (Its late!)
  A Unit may be $1 if you are trading in dollars, not sure.
  Cheers
  GraHal

  

  GraHal

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  03/09/2017 at 12:31 AM #27894
  GraHal

  Does below work? Just an idea. Need sleep now 🙂

  c1 = close > myPrice-10 C2 = close < myPrice+10 If C1 and C2 Then Buy ... etc

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  c1 = close > myPrice-10 C2 = close < myPrice+10   If C1 and C2 Then   Buy  ... etc

   

  

  GraHal

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  03/10/2017 at 1:11 PM #28083
  Big Hug

  Hi Nate,

  Bit pushed for time atm but you might get some ideas from this link..

  This was programmed using 10.2 and I’m not really up to speed with 10.3 ..( mind you, I wasn’t with 10.2 either LoL !)

  https://www.prorealcode.com/blog/learning/breakeven-code-automated-trading-strategy/

  Also I was thinking you could split them into two different codes – one to take 10 Point and another to bring Stops to b/e.

  Hope this helps a little…

  

  Big Hug

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  03/10/2017 at 1:22 PM #28085
  GraHal

  @Big Hug  hahaha keep the humour coming  … we need it to make the day go round!! 😉

  @Nate  now I’ve slept, Stop Loss and TP are usually the last 2 lines of code (outside of an IF statement, unless you have different SL & TP for Longs or Shorts) … does that make it work?

  IF c1 THEN BUY myTradeSize PERPOINT AT MARKET SET STOP LOSS 20 SET TARGET $PROFIT 100 ENDIF

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  IF c1 THEN BUY myTradeSize PERPOINT AT MARKET SET STOP LOSS 20 SET TARGET $PROFIT 100 ENDIF

   

  

  GraHal

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