Exit of market in tradeprice

• 09/27/2020 at 5:37 PM #145582
  Fran55

  I need code. I have a position, after 12 hours in the market it is in losses. I want that if the price returns to the purchase price the operation is closed.

   

  

  Fran55

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  09/27/2020 at 7:22 PM #145593
  robertogozzi

  There you go:

  If Not OnMarket then Count = 0 Else If Hour <> Hour[1] Then x = 1 If Hour < Hour[1] x = ((Hour + 24) - Hour[1]) Endif Count = Count + x If Count >= 12 And PositionPerf < 0 Then Sell at Market Exitshort at Market Endif Endif Endif

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  If Not OnMarket then    Count = 0 Else    If Hour <> Hour[1] Then       x = 1       If Hour < Hour[1]          x = ((Hour + 24) - Hour[1])       Endif       Count = Count + x       If Count >= 12 And PositionPerf < 0 Then            Sell at Market             Exitshort at Market        Endif    Endif Endif

   

  

  robertogozzi

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  09/28/2020 at 9:47 AM #145631
  Fran55

  Like doing the same thing but with 5-minute bars. Instead of 12 hours it would be 144 bars of 5 minutes.

   

  The trade begins, if after 144 bars of 5 minutes the trade is lost, if the quote returns to the purchase price the trade is closed.

   

  Thanks, and sorry.

  

  Fran55

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  09/28/2020 at 5:34 PM #145737
  Fran55

  I think your code does not work Roberto, also

  I would need the code but with 5 minute bars.

  Operation opens.
  If after 144 bars the operation is in losses, if the price returns to the purchase point, the operation is closed.

  Thanks!

  

  Fran55

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  09/28/2020 at 6:50 PM #145751
  robertogozzi

  Yes, my fault, I exited at market.

  Replace lines 11-12 with:

  Sell at PositionPrice LIMIT Exitshort at PositionPrice LIMIT

  1 2	Sell      at PositionPrice LIMIT Exitshort at PositionPrice LIMIT

  I’ll make the other code later.

  Please do NOT use the “insert PRT code” button to enter common text. Use it only for code, instead.

  

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  09/28/2020 at 7:00 PM #145757
  Fran55

  Thanks Roberto.

   

  🙂

  

  Fran55

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  09/28/2020 at 7:40 PM #145761
  Vonasi

  Fran55 – Please be more careful when posting. Your last two posts have had attached HTML (from I guess cutting and pasting translations) which moderators have had to tidy up to make your posts readable.

  

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  09/28/2020 at 9:32 PM #145779
  Fran55

  Ok Roberto.

   

  I always have problems with translators, sorry.

  One more thing:
  I want to do the same with%.
  That is … I have a position, I want that if the position loses 1% and returns to the purchase price, the operation is closed.

  Thank you very much!

   

   

  

  Fran55

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  09/28/2020 at 11:49 PM #145787
  robertogozzi

  This is the code with the 3 different ways to exit when in loss:

  ////////////////////////////////////////////////////////////////////////////// // --- Exit at Entry Price if losing AFTER N hours If Not OnMarket then Count = 0 Else If Hour <> Hour[1] Then x = 1 If Hour < Hour[1] Then x = ((Hour + 24) - Hour[1]) Endif Count = Count + x If Count >= 12 And PositionPerf < 0 Then //12 hours Sell at PositionPrice LIMIT Exitshort at PositionPrice LIMIT Endif Endif Endif ////////////////////////////////////////////////////////////////////////////// // --- Exit at Entry Price if losing AFTER N bars If OnMarket then If (BarIndex - TradeIndex) >= 144 And PositionPerf < 0 Then //144 bars Sell at PositionPrice LIMIT Exitshort at PositionPrice LIMIT Endif Endif ////////////////////////////////////////////////////////////////////////////// // --- Exit at Entry Price if losing 1%+ If Not OnMarket then ExitFlag = 0 Else If ((PosiTionPerf * 100) <= -1) OR ExitFlag THEN //1% loss ExitFlag = 1 Sell at PositionPrice LIMIT Exitshort at PositionPrice LIMIT Endif Endif //////////////////////////////////////////////////////////////////////////////

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  ////////////////////////////////////////////////////////////////////////////// //  ---  Exit at Entry Price if losing AFTER N hours If Not OnMarket then    Count = 0 Else    If Hour <> Hour[1] Then       x = 1       If Hour < Hour[1] Then          x = ((Hour + 24) - Hour[1])       Endif       Count = Count + x       If Count >= 12 And PositionPerf < 0 Then                  //12 hours          Sell      at PositionPrice LIMIT          Exitshort at PositionPrice LIMIT       Endif    Endif Endif ////////////////////////////////////////////////////////////////////////////// //  ---  Exit at Entry Price if losing AFTER N bars If OnMarket then    If (BarIndex - TradeIndex) >= 144 And PositionPerf < 0 Then  //144 bars       Sell      at PositionPrice LIMIT       Exitshort at PositionPrice LIMIT    Endif Endif ////////////////////////////////////////////////////////////////////////////// //  ---  Exit at Entry Price if losing 1%+ If Not OnMarket then    ExitFlag = 0 Else    If ((PosiTionPerf * 100) <= -1) OR ExitFlag THEN              //1%  loss       ExitFlag = 1       Sell      at PositionPrice LIMIT       Exitshort at PositionPrice LIMIT    Endif Endif //////////////////////////////////////////////////////////////////////////////

   

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  robertogozzi

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  09/28/2020 at 11:50 PM #145788
  Fran55

  Much, much, thanks!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

  

  Fran55

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  10/01/2020 at 6:58 AM #146037
  Fran55

  Okay. And if I want it to close 0.5% above the purchase price ???

  

  Fran55

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  10/01/2020 at 8:25 AM #146047
  robertogozzi

  We cannot always tidy up your code!

  Please use plain text without embedded formatting codes. Thank you 🙂

  Use

  Sell at PositionPrice*1.005 LIMIT Exitshort at PositionPrice*0.995 LIMIT

  1 2	Sell      at PositionPrice*1.005 LIMIT Exitshort at PositionPrice*0.995 LIMIT

   

  

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