Don't execute next trade

• 09/18/2017 at 3:22 PM #46510
  Yngve

  Hi

  How would the code look like if i want the following outcome

  • Don’t enter the trade when the conditions come true, if the last trade taken by the system was a losing trade

  Thankfull for any help!

  Yngve

  

  Yngve

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  09/18/2017 at 3:59 PM #46517
  robertogozzi

  Try this one, it should work. It will disable only ONE trade after any loss, not all trades (this is what you asked, insn’t it?):

  DEFPARAM CumulateOrders = false ONCE LosingTrade = 0 //initialize variable to allow trading Cond = close CROSSES OVER Average[10] //condition to buy IF POSITIONPERF(1) < 0 THEN //if the last one was a losing trade... IF LosingTrade = 0 THEN //... and yhis is the firsr trade afterwards.... LosingTrade = 1 //... then disable trading ELSE Cond = 0 //if one losing trade already occurred do not trade and... LosingTrade = 0 //... enable next trades ENDIF ENDIF IF Cond THEN //Buy if condition is met (unless disabled) BUY AT MARKET LosingTrade = 0 //set variable to its initial value ENDIF SET TARGET pPROFIT 50 SET STOP pLOSS 20

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  DEFPARAM CumulateOrders = false ONCE LosingTrade = 0                   //initialize variable to allow trading Cond = close CROSSES OVER Average[10]  //condition to buy IF POSITIONPERF(1) < 0 THEN            //if the last one was a losing trade...    IF LosingTrade = 0 THEN             //... and yhis is the firsr trade afterwards....       LosingTrade = 1                  //... then disable trading    ELSE       Cond        = 0                  //if one losing trade already occurred do not trade and...       LosingTrade = 0                  //... enable next trades    ENDIF ENDIF IF Cond THEN                           //Buy if condition is met (unless disabled)    BUY AT MARKET    LosingTrade = 0                     //set variable to its initial value ENDIF SET TARGET pPROFIT 50 SET STOP   pLOSS   20

   

   

  

  robertogozzi

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  09/18/2017 at 4:05 PM #46521
  Yngve

  Yes, perfect!

  Thank you

  

  Yngve

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  09/18/2017 at 4:45 PM #46527
  robertogozzi

  I have found a logic bug, because I forgot to take note that one trade had already been skipped (after being skipped) despite conditions.

  So I added the variable “TradeSkipped” :

  DEFPARAM CumulateOrders = false ONCE LosingTrade = 0 //initialize variable to allow trading ONCE TradeSkipped = 0 //initialize variable to mark a trade as skipped (after a loss) Cond = close CROSSES OVER Average[10] //condition to buy IF POSITIONPERF(1) < 0 THEN //if the last one was a losing trade... IF TradeSkipped = 0 THEN IF LosingTrade = 0 THEN //... and this is the firsr trade afterwards.... LosingTrade = 1 //... then disable trading ELSE Cond = 0 //if one losing trade already occurred do not trade and... LosingTrade = 0 //... enable next trades TradeSkipped= 1 //mark this trade as skipped ENDIF ENDIF ENDIF IF Cond THEN //Buy if condition is met (unless disabled) BUY AT MARKET LosingTrade = 0 //set variable to its initial value TradeSkipped = 0 ENDIF SET TARGET pPROFIT 50 SET STOP pLOSS 20

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  DEFPARAM CumulateOrders = false ONCE LosingTrade  = 0                  //initialize variable to allow trading ONCE TradeSkipped = 0                  //initialize variable to mark a trade as skipped (after a loss) Cond = close CROSSES OVER Average[10]  //condition to buy IF POSITIONPERF(1) < 0 THEN            //if the last one was a losing trade...    IF TradeSkipped = 0 THEN       IF LosingTrade = 0 THEN          //... and this is the firsr trade afterwards....          LosingTrade = 1               //... then disable trading       ELSE          Cond        = 0               //if one losing trade already occurred do not trade and...          LosingTrade = 0               //... enable next trades          TradeSkipped= 1               //mark this trade as skipped       ENDIF    ENDIF ENDIF IF Cond THEN                           //Buy if condition is met (unless disabled)    BUY AT MARKET    LosingTrade  = 0                    //set variable to its initial value    TradeSkipped = 0 ENDIF SET TARGET pPROFIT 50 SET STOP   pLOSS   20

  It should work fine now. Let me know after testing it. Sorry for the inconvenience.

  Roberto

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  robertogozzi

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  09/19/2017 at 2:55 PM #46600
  Yngve

  Thanks again @robertogozzi!

  It did reduce the number of consecutive losses on the strategy. But overall the performance was not improved. But thank you for the help!!!

  

  Yngve

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