Centralization of queries and suggestions on ProRealTime
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To avoid displaying dates as real numbers (i.e. 20M for 20190405) with DRAWTEXT, I suggest adding special character % (or whatever one is available) to embed date variables, so that
1DRAWTEXT("#MyDate#",barindex) //Displayed incorrectly as a real numberbecomes
1DRAWTEXT("%MyDate%",barindex) //displayed as a date (even without slashes in between)The current barindex ignores any gaps in trading and only counts actual candles. It would be nice if there was a second index that counted just based on the time passed. So on a 1 minute chart for example every time a new minute opened the index increased by one without there having to be any actual price movement in that minute. When producing averages based on time and when trying to project calculations forward the gaps in barindex can result in the wrong results and this second index would give us a choice of indexes to use. Maybe call it TIMEINDEX?
It’s a pity, maybe they’re not much interested in this kind of communication.
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Hello,
To be honest, I have been pretty disappointed by the V11, which is more about cosmetic than new useful tools.
So I’m posting here two ideas that have certainly been already posted:
- On the order ticket that you revamped for V11, I would appreciate to have the option to AUTOMATICALLY increase my stop at breakeven once a predefined “target” has been reached. Once partial closure would be available, the way most traders actually trade is to have 3 different profit target, so the idea is to be able to easily set TP1/TP2/TP3, close 1/3 of the position each time a TP is reached, and move the stop to breakeven once TP1 has been reached. A way to do that would be very appreciated
- I like the alert feature, and also the possibility to link an alert to an order. What would be much more useful however is the possibility to manage an EXISTING position with the alert+order feature. So I want to open a position manually, but close it if a set of rules are met, so that my weak psychology doesn’t f…me up;)
In the hope that someone from PRT dev team read this post
I suggest extending the validity of pending orders, set to 1 bar by default, with:
DEFPARAM PENDINGVALIDITY=n
“n” is the desired number of bars. 0 means default value is applicable.
The value set with the above DEFPARAM can be overridden by VALIDITY instruction when a pending order is placed:
BUY 1 CONTRACT AT low LIMIT VALIDITY 5
to set a temporary validity, just for this pending order only, of 5 bars, while keeping default or DEFPARAM value for all other pending orders.
Validity could also be extended until a condition is true:
12BUY 1 CONTRACT AT low LIMIT VALIDITY UNTIL close CROSSES UNDER MyAvgBUY 1 CONTRACT AT low LIMIT VALIDITY UNTIL IntraDayBarIndex = 0On the order ticket that you revamped for V11, I would appreciate to have the option to AUTOMATICALLY increase my stop at breakeven once a predefined “target” has been reached. Once partial closure would be available, the way most traders actually trade is to have 3 different profit target, so the idea is to be able to easily set TP1/TP2/TP3, close 1/3 of the position each time a TP is reached, and move the stop to breakeven once TP1 has been reached. A way to do that would be very appreciated
+1
This would be totally awesome!
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Following the discussion here:
https://www.prorealcode.com/topic/evaluation-of-the-systems-performance/#post-103198
I think that it would be great if we could calculate a result in our strategies (call it MyResult for example) and then have that result shown in the optimisation report table when we back test the strategy. We could then sort the report based on that result. This would allow us to include our own personal strategy quality calculations within the strategy and then analyse the results based on them. We could then create any strategy quality index that we wish such as gain/loss ratio divided by draw down or gain per £1 stake or average % gain per year or any other number of different quality scores within our strategies.
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Today I was testing longer time frame ‘investment’ ideas in ProOrder but the results were meaningless because the current state of any still open positions is not shown in the back test report. So if a position has been open for a few months and is in massive profit it is not included in the results. In short time frame fast trading this is acceptable but it makes any analysis of longer time frame investment ideas hopeless if the actual current true position if I sold today is not shown. I made a work around by checking the date and placing a sell order if it was the yesterday but perhaps it would be better to give users the option to have the last trade in a back test closed at the latest price or not. Not everyone is trading the five minute chart!
Suggestion also sent to PRT via here:
I suggest the addition of a FIXED exit from trades when no user condition to exit them is met in the meantime, such as:
12BUY 1 Contract AT MARKET EXITTRADE after n BARS //n=1 through.....BUY 1 Contract AT MARKET EXITTRADE ON Date >= (Today + 1 WEEK) AND Time > 170000it should be added for pending orders, as well.
edited:
12BUY 1 Contract AT MARKET EXITTRADE ON IntraDayBarIndex = 0BUY 1 Contract AT MARKET EXITTRADE ON/BEFORE SessionCloseDaily/SessionCloseWeekly //see separate suggestions for these two keywords1 user thanked author for this post.
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