Make a trade on each candle

• 12/22/2020 at 11:29 PM #154931
  trevor

  I want to open and close a trade on each candle.

  With “IF on  market Then sell at market” it only trades every second candle.

  Is there another way?  Tried MTF but it would only trade longs or shorts! Not both.

  Any help gratefully appreciated.

   

  

  trevor

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  12/23/2020 at 12:44 AM #154935
  robertogozzi

  There you go:

  defparam cumulateorders = false sell at market buy at market

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  defparam cumulateorders = false sell at market buy at market

   

  

  robertogozzi

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  12/23/2020 at 8:26 AM #154943
  Vonasi

  Basically Roberto’s code will open a trade on the first candle and then after that every BUY order will be cancelled by a SELL order so you will just stay on the market forever!

  Do you mean that you want a position to be opened at start of a candle if conditions are met and then closed mid candle or at the close of the candle if not closed mid candle?

  You mention long and short. It is not possible to be both long and short at the same time in an auto strategy.

  

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  12/23/2020 at 10:40 PM #155054
  trevor

  I still cannot get this to work. Started with a new code.  See attachment “MySystem19”. This traded every candle.

  Then I put in “my conditions” and copied and pasted the closing arguments from MySystem19 (see attachment “MySystems21″)

  My conditions is 200ma <> previous candle.

  When I ran it, it does not trade the next candle even if the conditions are met. (see attachment” 877 screen copy”)

  It should trade every candle!

  Can you please help me work out what I am doing wrong?

  Thanks in advance.

  

  trevor

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  12/23/2020 at 11:08 PM #155061
  Vonasi

  If the code is not massive then you are better to use the ‘Insert PRT Code’ button and post the strategy code directly in your post. Just attaching an ITF file means that someone who wants to help you has to download a file, open their platform, import a file, guess which instrument and time frame you are applying it to and then finally look at the code to see where the error is. This is even less likely to happen if the markets are closed and no one has their platform open! 🙂

  Inserting the code in your post will get far more eyes on it far sooner.

  

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  12/24/2020 at 12:23 AM #155062
  trevor

  OT LongOnMarket THEN BUY 1 CONTRACTS AT MARKET ENDIF // Conditions to exit long positions If LongOnMarket THEN SELL AT MARKET ENDIF

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  OT LongOnMarket THEN BUY 1 CONTRACTS AT MARKET ENDIF   // Conditions to exit long positions If LongOnMarket THEN SELL AT MARKET ENDIF

   

  My apologies Vonasi. I had been corrected by the moderator to attach the code as it was more readable.

  But I am aware of the different level, and I can understand where you are coming from.

  I will add the codes below

  Here is the first code that trades every candle-

  // Conditions to enter short positions IF NOT ShortOnMarket THEN SELLSHORT 1 CONTRACTS AT MARKET ENDIF // Conditions to exit short positions IF ShortOnMarket THEN EXITSHORT AT MARKET ENDIF // Stops and targets : Enter your protection stops and profit targets here

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  // Conditions to enter short positions IF NOT ShortOnMarket THEN SELLSHORT 1 CONTRACTS AT MARKET ENDIF   // Conditions to exit short positions IF ShortOnMarket THEN EXITSHORT AT MARKET ENDIF   // Stops and targets : Enter your protection stops and profit targets here

   

  Here is the second code, with conditions, that only trades every other candle – see screenshot

   

  // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated // Conditions to enter long positions indicator1 = Average[200](close) indicator2 = Average[200](close) c1 = (indicator1 > indicator2[1]) IF c1 THEN BUY 1 CONTRACT AT MARKET ENDIF // Conditions to exit long positions If LongOnMarket THEN SELL AT MARKET ENDIF // Conditions to enter short positions indicator3 = Average[200](close) indicator4 = Average[200](close) c2 = (indicator3 < indicator4[1]) IF c2 THEN SELLSHORT 1 CONTRACT AT MARKET ENDIF // Conditions to exit short positions IF ShortOnMarket THEN EXITSHORT AT MARKET ENDIF

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  // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated   // Conditions to enter long positions indicator1 = Average[200](close) indicator2 = Average[200](close) c1 = (indicator1 > indicator2[1])   IF c1 THEN BUY 1 CONTRACT AT MARKET ENDIF   // Conditions to exit long positions If LongOnMarket THEN SELL AT MARKET ENDIF   // Conditions to enter short positions indicator3 = Average[200](close) indicator4 = Average[200](close) c2 = (indicator3 < indicator4[1])   IF c2 THEN SELLSHORT 1 CONTRACT AT MARKET ENDIF   // Conditions to exit short positions IF ShortOnMarket THEN EXITSHORT AT MARKET ENDIF

   

  

  trevor

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  12/24/2020 at 1:25 AM #155066
  robertogozzi

  This will enter every other candle:

  // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated // exit any open position SELL AT MARKET EXITSHORT AT MARKET // Conditions to enter positions indicator1 = Average[200](close) indicator2 = Average[200](close) c1 = (indicator1 > indicator2[1]) IF c1 THEN BUY 1 CONTRACT AT MARKET else SELLSHORT 1 CONTRACT AT MARKET ENDIF

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  // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated // exit any open position SELL AT MARKET EXITSHORT AT MARKET // Conditions to enter positions indicator1 = Average[200](close) indicator2 = Average[200](close) c1 = (indicator1 > indicator2[1]) IF c1 THEN    BUY 1 CONTRACT AT MARKET else    SELLSHORT 1 CONTRACT AT MARKET ENDIF

  This will enter each candle:

  // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated // exit any open position SELL AT MARKET EXITSHORT AT MARKET // Conditions to enter positions //indicator1 = Average[200](close) //indicator2 = Average[200](close) //c1 = (indicator1 > indicator2[1]) //IF c1 THEN BUY 1 CONTRACT AT MARKET //else SELLSHORT 1 CONTRACT AT MARKET //ENDIF

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  // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated // exit any open position SELL AT MARKET EXITSHORT AT MARKET // Conditions to enter positions //indicator1 = Average[200](close) //indicator2 = Average[200](close) //c1 = (indicator1 > indicator2[1]) //IF c1 THEN BUY 1 CONTRACT AT MARKET //else SELLSHORT 1 CONTRACT AT MARKET //ENDIF

   

  

  robertogozzi

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  12/24/2020 at 1:35 AM #155069
  trevor

  Code in text format.

   

  MySystem19. This trades every candle

  // Conditions to enter long positions IF NOT LongOnMarket THEN BUY 1 CONTRACTS AT MARKET ENDIF // Conditions to exit long positions If LongOnMarket THEN SELL AT MARKET ENDIF // Conditions to enter short positions IF NOT ShortOnMarket THEN SELLSHORT 1 CONTRACTS AT MARKET ENDIF // Conditions to exit short positions IF ShortOnMarket THEN EXITSHORT AT MARKET ENDIF

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  // Conditions to enter long positions IF NOT LongOnMarket THEN BUY 1 CONTRACTS AT MARKET ENDIF   // Conditions to exit long positions If LongOnMarket THEN SELL AT MARKET ENDIF   // Conditions to enter short positions IF NOT ShortOnMarket THEN SELLSHORT 1 CONTRACTS AT MARKET ENDIF   // Conditions to exit short positions IF ShortOnMarket THEN EXITSHORT AT MARKET ENDIF

   

  MySystem21. This one only trades every candle.

  How do I make this trade every candle?

   

  // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated // Conditions to enter long positions indicator1 = Average[200](close) indicator2 = Average[200](close) c1 = (indicator1 > indicator2[1]) IF c1 THEN BUY 1 CONTRACT AT MARKET ENDIF // Conditions to exit long positions If LongOnMarket THEN SELL AT MARKET ENDIF // Conditions to enter short positions indicator3 = Average[200](close) indicator4 = Average[200](close) c2 = (indicator3 < indicator4[1]) IF c2 THEN SELLSHORT 1 CONTRACT AT MARKET ENDIF // Conditions to exit short positions IF ShortOnMarket THEN EXITSHORT AT MARKET ENDIF

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30

  // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated   // Conditions to enter long positions indicator1 = Average[200](close) indicator2 = Average[200](close) c1 = (indicator1 > indicator2[1])   IF c1 THEN BUY 1 CONTRACT AT MARKET ENDIF   // Conditions to exit long positions If LongOnMarket THEN SELL AT MARKET ENDIF   // Conditions to enter short positions indicator3 = Average[200](close) indicator4 = Average[200](close) c2 = (indicator3 < indicator4[1])   IF c2 THEN SELLSHORT 1 CONTRACT AT MARKET ENDIF   // Conditions to exit short positions IF ShortOnMarket THEN EXITSHORT AT MARKET ENDIF

   

  

  trevor

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  12/24/2020 at 1:37 AM #155070
  trevor

  CORRECTION:    MySystem21 only trades every other candle.

  

  trevor

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  12/24/2020 at 2:12 AM #155072
  robertogozzi

  This code will open/close each candle, provided conditions are different each candle:

  // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated // exit any open position SELL AT MARKET EXITSHORT AT MARKET // Conditions to enter positions indicator1 = Average[200](close) indicator2 = Average[200](close) c1 = (indicator1 > indicator2[1]) IF c1 THEN BUY 1 CONTRACT AT MARKET else SELLSHORT 1 CONTRACT AT MARKET ENDIF

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  // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated // exit any open position SELL      AT MARKET EXITSHORT AT MARKET // Conditions to enter positions indicator1 = Average[200](close) indicator2 = Average[200](close) c1 = (indicator1 > indicator2[1]) IF c1 THEN    BUY 1 CONTRACT AT MARKET else    SELLSHORT 1 CONTRACT AT MARKET ENDIF

  because when conditions are different it always enters doing Stop & Reverse, while if conditions aree the sane as the previous candle:

  • if CumulateOrders = FALSE then it can’t open another trade in the same direction, because it needs one candle before it knows the trade had been closed a few lines above
  • if CumulateOrders = TRUE  then it will accumulate positions in the same direction.

  To recap, you can open/close a trade every candle only by doing Stop & Reverse, that is when conditions are different from the previous candle.

   

   

  

  robertogozzi

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  12/24/2020 at 5:12 AM #155075
  trevor

  Still not working. There are different conditions to Buy & Sell – 200ma < or > previous candle.

  1.Have set cumulating positions to True.

  2. Closed any open positions.

  The code is still only trading every other candle even when the conditions are true.

  See attachment.

   

   

  Latest code:

   

  // Cumulating positions allowed DEFPARAM CumulateOrders = True // Exit any open positions SELL AT MARKET EXITSHORT AT MARKET // Conditions to enter long positions //c1 = (close > open) // MAs > previous candle indicator1 = Average[200](close) indicator2 = indicator1 c2 = (indicator1 > indicator2[1]) indicator3 = Average[100](close) indicator4 = indicator3 c3 = (indicator3 > indicator4[1]) indicator5 = Average[50](close) indicator6 = indicator5 c4 = (indicator5 > indicator6[1]) indicator7 = Average[25](close) indicator8 = indicator7 c5 = (indicator7 > indicator8[1]) indicator9 = Average[12](close) indicator10 = indicator9 c6 = (indicator9 > indicator10[1]) indicator11 = Average[6](close) indicator12 = indicator11 c7 = (indicator11 > indicator12[1]) indicator13 = Average[3](close) indicator14 = indicator13 c8 = (indicator13 > indicator14[1]) //indicator15 = Average[1](close) //indicator16 = indicator15 //c9 = (indicator15 > indicator16[1]) IF NOT LongOnMarket AND c2 AND c3 AND c4 AND c5 AND c6 AND c7 AND c8 THEN BUY 1 CONTRACT AT MARKET ENDIF // Conditions to exit positions // closes end of candle IF LongOnMarket THEN SELL AT MARKET ENDIF // Conditions to enter short positions // MAs < previous candle //c10 = (close < open) indicator17 = Average[200](close) indicator18 = indicator17 c11 = (indicator17 < indicator18[1]) indicator19 = Average[100](close) indicator20 = indicator19 c12 = (indicator19 < indicator20[1]) indicator21 = Average[50](close) indicator22 = indicator21 c13 = (indicator21 < indicator22[1]) indicator23 = Average[25](close) indicator24 = indicator23 c14 = (indicator23 < indicator24[1]) indicator25 = Average[12](close) indicator26 = indicator25 c15 = (indicator25 < indicator26[1]) indicator27 = Average[6](close) indicator28 = indicator27 c16 = (indicator27 < indicator28[1]) indicator29 = Average[3](close) indicator30 = indicator29 c17 = (indicator29 < indicator30[1]) //indicator31 = Average[1](close) //indicator32 = indicator31 //c18 = (indicator31 < indicator32[1]) IF NOT ShortOnMarket AND c11 AND c12 AND c13 AND c14 AND c15 AND c16 AND c17 THEN SELLSHORT 1 CONTRACT AT MARKET ENDIF // Conditions to exit positions // closes at end of candle IF ShortOnMarket then EXITSHORT AT MARKET ENDIF

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  // Cumulating positions allowed DEFPARAM CumulateOrders = True   // Exit any open positions SELL AT MARKET EXITSHORT AT MARKET   // Conditions to enter long positions //c1 = (close > open) // MAs > previous candle indicator1 = Average[200](close) indicator2 = indicator1 c2 = (indicator1 > indicator2[1]) indicator3 = Average[100](close) indicator4 = indicator3 c3 = (indicator3 > indicator4[1]) indicator5 = Average[50](close) indicator6 = indicator5 c4 = (indicator5 > indicator6[1]) indicator7 = Average[25](close) indicator8 = indicator7 c5 = (indicator7 > indicator8[1]) indicator9 = Average[12](close) indicator10 = indicator9 c6 = (indicator9 > indicator10[1]) indicator11 = Average[6](close) indicator12 = indicator11 c7 = (indicator11 > indicator12[1]) indicator13 = Average[3](close) indicator14 = indicator13 c8 = (indicator13 > indicator14[1]) //indicator15 = Average[1](close) //indicator16 = indicator15 //c9 = (indicator15 > indicator16[1])   IF NOT LongOnMarket AND c2 AND c3 AND c4 AND c5 AND c6 AND c7 AND c8 THEN BUY 1 CONTRACT AT MARKET ENDIF   // Conditions to exit positions // closes end of candle IF LongOnMarket THEN SELL AT MARKET ENDIF   // Conditions to enter short positions // MAs < previous candle //c10 = (close < open) indicator17 = Average[200](close) indicator18 = indicator17 c11 = (indicator17 < indicator18[1]) indicator19 = Average[100](close) indicator20 = indicator19 c12 = (indicator19 < indicator20[1]) indicator21 = Average[50](close) indicator22 = indicator21 c13 = (indicator21 < indicator22[1]) indicator23 = Average[25](close) indicator24 = indicator23 c14 = (indicator23 < indicator24[1]) indicator25 = Average[12](close) indicator26 = indicator25 c15 = (indicator25 < indicator26[1]) indicator27 = Average[6](close) indicator28 = indicator27 c16 = (indicator27 < indicator28[1]) indicator29 = Average[3](close) indicator30 = indicator29 c17 = (indicator29 < indicator30[1]) //indicator31 = Average[1](close) //indicator32 = indicator31 //c18 = (indicator31 < indicator32[1])   IF NOT ShortOnMarket AND c11 AND c12 AND c13 AND c14 AND c15 AND c16 AND c17 THEN SELLSHORT 1 CONTRACT AT MARKET ENDIF   // Conditions to exit positions // closes at end of candle IF ShortOnMarket then EXITSHORT AT MARKET ENDIF

   

  

  trevor

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  12/24/2020 at 6:41 AM #155090
  robertogozzi

  You’ve been posting several code snippets without using the ‘Insert PRT Code’ button, please respect the rules as highlighted below in yellow.

  As I explained, if conditions are the same direction as the previous candle a trade cannot be opened the following candle.

  There’s no workaround. You either change your conditions so that they always imply doing a Stop & Reverse each candle or change your strategy.

   

   

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  trevor

  

  robertogozzi

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  12/24/2020 at 9:21 AM #155097
  Vonasi

  I tidied it all up!

  trevor – see the attached image for the location of the ‘Insert PRT Code’ button as you seem to be having a lot of difficulty finding it! 🙂

  

  Vonasi

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  12/24/2020 at 9:25 AM #155099
  PeterSt

  You’ve been posting several code snippets without using the ‘Insert PRT Code’ button, please respect the rules as highlighted below in yellow.

  Wow. Did it maybe occur to you that you refer to a button which you know but others may not ?

   

   

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  trevor

  

  PeterSt

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  12/24/2020 at 9:30 AM #155101
  Vonasi

  PeterSt wrote:

  Wow. Did it maybe occur to you that you refer to a button which you know but others may not ?

  We assume that everyone is aware that the tools available for editing your posts can be found in the tool box attached to the box where you are typing. Perhaps we make too much of an assumption regarding everyone’s abilities.

  The button in your image is not the correct one. That is for posting to the library. See the image in my previous post for the correct button. 🙂

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  trevor

  

  Vonasi

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