End Of Day – YEN M15 Strategy

• 03/29/2023 at 4:29 PM #212439
  ZeroCafeine

  @PeterSt

  1. Tks you, I will try your solution after come back home 🙂

  

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  03/29/2023 at 5:20 PM #212441
  fifi743

  yes, he places long and short pending orders at the same time

  

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  03/29/2023 at 5:26 PM #212442
  fifi743

  an example

  

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  03/29/2023 at 6:00 PM #212445
  GraHal

  Long trade and Short trade on the same single / 1 only AutoSystem?

  

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  03/29/2023 at 7:08 PM #212452
  fifi743

  yes, it does long and short pending commands at the same time with a single algo

  

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  03/29/2023 at 7:26 PM #212454
  GraHal

  fifi743 wrote:

  long and short pending commands

  Pending commands yes, but that cannot result in a long and short trade both onmarket at the same time with a single Algo.

  

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  03/29/2023 at 7:34 PM #212456
  phoentzs

  No, the system places stop orders at the specified limits… one order is triggered, the other is automatically deleted. That’s all.

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  GraHal

  

  phoentzs

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  03/29/2023 at 7:36 PM #212457
  phoentzs

  Everything else is trade management.

  

  phoentzs

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  03/29/2023 at 11:24 PM #212464
  ZeroCafeine

  fifi743 wrote:

  fifi743

  hi @fifi743
  Can you be a little clearer in what you say, There is a problem of misunderstanding I don’t know if it’s me or you or both of us

  When you say that you can put both functions in the same algorithm, I will answer yes because it is just lines of code, however if the long market function is executed first then the short market function will not be executed as a short but as a sale of the first long position,

  According to the documentation it is not possible to be long and short at the same time with the same algorithm, when we talk about being long and short at the same time on a market we talk about Hedging (2 opposite positions)

  Or am I wrong ?

  Would you perhaps have an example of an algorithm to propose for better understanding?

  You can see an image capture with an extract of the documentation in French

  

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  03/29/2023 at 11:26 PM #212466
  ZeroCafeine

  GraHal wrote:

  Try …

  IF onmarket AND newSL > 0 Then<br /> TrailingSL = newSL<br /> ELSE<br /> TrailingSL = Undefined<br /> ENDIF</p> <p>GraphOnPrice TrailingSL coloured(255,0,0) AS “My Tralling Stop”

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  IF onmarket AND newSL > 0 Then TrailingSL = newSL ELSE TrailingSL = Undefined ENDIF GraphOnPrice TrailingSL coloured(255,0,0) AS “My Tralling Stop”

  it doesn’t work, I had also thought of this idea and at the time I thought I had found the solution 🤣 but unfortunately it doesn’t work 😅

  

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  03/29/2023 at 11:32 PM #212467
  ZeroCafeine

  PeterSt wrote:

  ZeroCafeine wrote:

  but how to don’t draw it when we don’t have a trade open :

  // Drawing Trailing Stop<br /> IF newSL > 0 Then<br /> TrailingSL = newSL<br /> If OnMarket then<br /> GraphOnPrice TrailingSL coloured(255,0,0) AS “My Tralling Stop”<br /> endif<br /> ELSE<br /> TrailingSL = Undefined<br /> ENDIF

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  // Drawing Trailing Stop IF newSL > 0 Then TrailingSL = newSL If OnMarket then GraphOnPrice TrailingSL coloured(255,0,0) AS “My Tralling Stop” endif ELSE TrailingSL = Undefined ENDIF

  Note that really “don’t draw” does not exist. Here you see the exit from this morning (in the coffee-spoiling topic 😉 ) and it is depicted by the green line. So this line changes position because I tell it to, but when the position is exited I stop drawing that green line (and more). Now this line keeps on drawing automatically, but while this seems strange, it is even convenient. See 2nd screenshot. You can easily see where this green line was in action, and can zoom in to it when you want. In my case these are the trailing stop exits (the darker green line). Just learn a bit to utilize this feature. You will see it is quite handy.

  Your solution doesn’t seem to work, we’re back to the debugging problem, in this particular example I suspect that the last trailing Stop value remains in memory and the program uses it anyway, even if it is undefined

  but it’s ok, we will not lose more time for this graph problem, I will start tomorrow to use more option for traling and why not include the short position in the same time and lest do the result

  

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  03/30/2023 at 4:10 AM #212469
  PeterSt

  ZeroCafeine wrote:

  Your solution doesn’t seem to work,

  I guarantee you it works. But with the conditions I described. And notice that you asked for not Graphing when Not OnMarket.

  The remainder of that code (snippet) does not work at all, obviously. The Undefined also does not work.

   

  

  PeterSt

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  03/30/2023 at 4:18 AM #212470
  PeterSt

  ZeroCafeine wrote:

  When you say that you can put both functions in the same algorithm, I will answer yes because it is just lines of code, however if the long market function is executed first then the short market function will not be executed as a short but as a sale of the first long position,

  Try to understand what is happening;

  Nothing prevents you from putting a PENDING Limit and Stop order at the same time. If this is not understood, then go to the manual once more and look up how an order like

  Buy x Contracts at PriceY Limit
  and
  SellShort x Contracts at PriceY Stop

  works, and while you’re at it, how that would work with manual trading.

  If I’d like, I could place 100 (and more) Limit and Stop orders all at the same time. And they would really all be there in Live (or Demo), including their order labels. Whether this is useful, is something else.
  It is totally unrelated to having two opposite positions (!) in the system at the same time.
  🙂

  

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  03/30/2023 at 8:04 AM #212485
  phoentzs

  I tried to explain that above. What is there not to understand?

  

  phoentzs

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  03/30/2023 at 10:02 AM #212516
  ZeroCafeine

  PeterSt wrote:

  ZeroCafeine wrote:

  Your solution doesn’t seem to work,

  I guarantee you it works. But with the conditions I described. And notice that you asked for not Graphing when Not OnMarket.

  The remainder of that code (snippet) does not work at all, obviously. The Undefined also does not work.

  Again I misspoke, your solution Works but not in the way I want, (the way I want to is : Not drawing anything when I am not in a position on the market), I understood that it was not possible to do this, So this is clear

  

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