Max number of trades in a period

• 09/04/2021 at 10:43 AM #176776
  LoveTheCode!

  hi there,

  i am trying to figure out how to have a rule that limits the number of trades in a given time period, e.g. maximum number of trades in each new month, or week, or day is one?

  i have the rule that limits mulitple trades DEFPARAM CumulateOrders = False, that is useful to avoid duplicate trades / orders simultaneously – however this does not help once a trade is stopped out or hits profit, then new orders are placed in the same tim period which i am hoping to eliminate!

  is there any way to acheive this in PRT? Thanks in advance 🙂

   

  

  LoveTheCode!

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  09/04/2021 at 11:39 AM #176779
  robertogozzi

  You can use this (not tested):

  // MaxTrades yearly, daily, weekly, monthly // Once MaxTrades = 1 //max 1 trade allowed Once TradeOn = 1 Once TradeCount = 0 If TradeCount = MaxTrades then TradeOn = 0 Endif //If IntraDayBarIndex = 0 then //enable trading each Day //If Month <> Month[1] then //enable trading each Month //If Year <> Year[1] then //enable trading each Year If DayOfWeek < DayOfWeek[1] then //enable trading each Week TradeOn = 1 TradeCount = 0 Endif If MyLongConditions and not OnMarket and TradeOn then Buy 1 contract at Market TradeCount = TradeCount + 1 Endif

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  // MaxTrades yearly, daily, weekly, monthly // Once MaxTrades  = 1 //max 1 trade allowed Once TradeOn    = 1 Once TradeCount = 0 If TradeCount = MaxTrades then   TradeOn       = 0 Endif //If IntraDayBarIndex = 0 then   //enable trading each Day //If Month <> Month[1] then      //enable trading each Month //If Year <> Year[1] then        //enable trading each Year If DayOfWeek < DayOfWeek[1] then //enable trading each Week    TradeOn      = 1    TradeCount   = 0 Endif If MyLongConditions and not OnMarket and TradeOn then    Buy 1 contract at Market    TradeCount   = TradeCount + 1 Endif

  it defaults to a weekly reset, but you can comment out/uncomment the desired lines to easily switch to Daily, Monthly or Yearly reset.

   

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  robertogozzi

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  09/05/2021 at 6:28 PM #176829
  LoveTheCode!

  Thanks Roberto I will try it !

  

  LoveTheCode!

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