Cumulative Pyramiding help!!!

• 02/06/2023 at 12:25 AM #209177
  teenytinye

  Hi all,

  Grateful for any help. I am trying to put together a code that lets me add more positions (up to a maximum of 4 positions) in an automatic trade.

  I’m looking to enter long / short when current price is greater  that 0.5% in my favour.

  I am also looking to exit the position when the current position moves 3% against me. So far, I have the following but I am not sure this is right. For some reason, it also doesn’t add the additional positions:

   

  // Definition of code parameters DEFPARAM CumulateOrders = True // Cumulating positions activated // Conditions to enter long positions c1 = (close > close[21]) c2 = longonmarket AND Close => (1.005 * TradePrice) IF c1 OR c2 THEN BUY 0.5 PERPOINT AT MARKET ENDIF // Conditions to exit long positions indicator1 = ExponentialAverage[30](close) c3 = (DClose(0) CROSSES UNDER indicator1[9]) indicator2 = RSI[10](RSI[21](close)) c4 = (indicator2 CROSSES OVER 70) indicator3 = DonchianChannelCenter[30] c5 = (DClose(0) CROSSES UNDER indicator3) c6 = PositionPerf[0] <= -3 IF c3 AND c4 AND c5 OR (c6) THEN SELL AT MARKET ENDIF // Conditions to enter short positions c6 = (DClose(0) < close[21]) c7 = shortonmarket AND Close <= (TradePrice / 1.005) IF c6 OR c7 THEN SELLSHORT 0.5 PERPOINT AT MARKET ENDIF // Conditions to exit short positions c8 = (DClose(0) > close[13]) indicator4 = DonchianChannelCenter[30] c9 = (DClose(0) CROSSES OVER indicator4[11]) indicator5 = RSI[10](RSI[21](close)) c10 = (indicator5 CROSSES UNDER 30) c11 = PositionPerf[0] <= -3 IF c8 AND c9 AND c10 or (c11) THEN EXITSHORT AT MARKET ENDIF

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  // Definition of code parameters DEFPARAM CumulateOrders = True // Cumulating positions activated   // Conditions to enter long positions c1 = (close > close[21]) c2 = longonmarket AND Close => (1.005 * TradePrice)   IF c1 OR c2 THEN BUY 0.5 PERPOINT AT MARKET ENDIF   // Conditions to exit long positions indicator1 = ExponentialAverage[30](close) c3 = (DClose(0) CROSSES UNDER indicator1[9]) indicator2 = RSI[10](RSI[21](close)) c4 = (indicator2 CROSSES OVER 70) indicator3 = DonchianChannelCenter[30] c5 = (DClose(0) CROSSES UNDER indicator3) c6 = PositionPerf[0] <= -3   IF c3 AND c4 AND c5 OR (c6) THEN SELL AT MARKET ENDIF   // Conditions to enter short positions c6 = (DClose(0) < close[21]) c7 = shortonmarket AND Close <= (TradePrice / 1.005)   IF c6 OR c7 THEN SELLSHORT 0.5 PERPOINT AT MARKET ENDIF   // Conditions to exit short positions c8 = (DClose(0) > close[13]) indicator4 = DonchianChannelCenter[30] c9 = (DClose(0) CROSSES OVER indicator4[11]) indicator5 = RSI[10](RSI[21](close)) c10 = (indicator5 CROSSES UNDER 30) c11 = PositionPerf[0] <= -3   IF c8 AND c9 AND c10 or (c11) THEN EXITSHORT AT MARKET ENDIF

   

  

  teenytinye

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  02/06/2023 at 1:03 AM #209179
  JS

  I tried your system but it does open cumulative positions…?

  More than 4 positions but this limit is not (yet) in your code…

  

  JS

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  02/06/2023 at 9:20 AM #209196
  teenytinye

  Thanks! Also looking for help on inserting this limit.

  Also does anyone know why you can backtest the stop loss and trailing stop together and as a percentage, but ProOrder won’t let you do both or add percentages?

  

  teenytinye

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  02/06/2023 at 10:30 AM #209205
  JS

  Hi,

  To add a limit to the number of contracts, you can use:

  If c1 or c2 and CountOfLongShares<=4 then

  If c6 and c7 and CountOfShortShares<=4 then

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  teenytinye

  

  JS

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  02/06/2023 at 10:39 AM #209206
  JS

  Here is a link to a trailing stop function that can be used as an alternative to the standard TS in ProBackTest…

  https://www.prorealcode.com/blog/trading/complete-trailing-stop-code-function/

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  teenytinye

  

  JS

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  02/10/2023 at 3:28 PM #209515
  teenytinye

  Do you know if this works in an automatic trade. Doesn’t seem to be working for me

   

  

  teenytinye

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  02/13/2023 at 11:44 AM #209596
  Nicolas

  Yes, it works, it has been used many times since years for traders in their strategies 🙂

  For a specific trailing stop in percentage, you can look at these snippets:

  https://www.prorealcode.com/topic/cannot-set-trailing-stop-as-through-ig/#post-83701

  

  Nicolas

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