Why does my strategy take 3 positions at the same time?

• 05/12/2023 at 9:33 AM #214572
  SnorreDK

  I need help to understand CumulateOrders = True

  Why does my strategy take 3 positions at the same time? Se attached

   

  DEFPARAM CumulateOrders = True PositionSize=1 //1=746 EUR If RSI[14](close) < 70 then buy PositionSize CONTRACT AT MARKET SET STOP %LOSS 2 set target %profit 2 Endif

  1 2 3 4 5 6 7 8

  DEFPARAM CumulateOrders = True PositionSize=1 //1=746 EUR   If RSI[14](close)  < 70 then buy PositionSize CONTRACT AT MARKET SET STOP %LOSS 2 set target %profit 2 Endif

   

  

  SnorreDK

  Participant

  Topics: 17

  Replies: 114

  Been thanked: 6 times
  05/12/2023 at 9:35 AM #214574
  Nicolas

  In backtests it should not. Is it real or demo trading?

  

  Nicolas

  Keymaster

  Topics: 81

  Replies: 20863

  Been thanked: 4775 times
  05/12/2023 at 9:35 AM #214575
  SnorreDK

  Demo backtest

  

  SnorreDK

  Participant

  Topics: 17

  Replies: 114

  Been thanked: 6 times
  05/12/2023 at 9:40 AM #214577
  SnorreDK

  Same for Proreltime Complete in backtest

  

  SnorreDK

  Participant

  Topics: 17

  Replies: 114

  Been thanked: 6 times
  05/12/2023 at 9:48 AM #214579
  phoentzs

  He buys on every bar where the RSI is below 70… maybe use “crosses under” instead?

  

  phoentzs

  Participant

  Topics: 86

  Replies: 962

  Been thanked: 200 times
  05/12/2023 at 9:50 AM #214580
  SnorreDK

  instead of change to “crosses under”. Is it possible to make tha strategy to only take 1 position/bar

  

  SnorreDK

  Participant

  Topics: 17

  Replies: 114

  Been thanked: 6 times
  05/12/2023 at 9:52 AM #214581
  GraHal

  SnorreDK wrote:

  3 positions at the same time?

  It doesn’t for me, see attached, EURUSD 1 Hour TF.

  

  GraHal

  Participant

  Topics: 214

  Replies: 8858

  Been thanked: 2215 times
  05/12/2023 at 10:15 AM #214584
  Nicolas

  Code is read only once at Close, so BUY should be made only once and therefore no cumulation on the same bar.

  What you observed are orders closed at the same time by your breakeven or trailing stop SELL orders. If you want to get the precise time of entries of your BUY orders, look at “Orders list” in the detailed report.

  

  Nicolas

  Keymaster

  Topics: 81

  Replies: 20863

  Been thanked: 4775 times
  05/12/2023 at 10:30 AM #214585
  SnorreDK

  Hi.

  You are correct Nicolas.

  Its only one buy-position. See attached

  

  SnorreDK

  Participant

  Topics: 17

  Replies: 114

  Been thanked: 6 times
  05/12/2023 at 11:52 AM #214599
  ZeroCafeine

  yes this may well be the cause as the condition is still true, I discovered this same issue a few days ago before tearing my hair out 😆

  

  ZeroCafeine

  Participant

  Topics: 115

  Replies: 477

  Been thanked: 43 times
• Author
  Posts