Multiple entry executions but only trailing SL on one

• 11/15/2024 at 3:33 PM #240405
  Crazzycameel

  Hello!

  I am currently working on a long only strategy, where I have two different entry executions, for reference they look like this:

  entry method 1:

  if time >= timestart and time < timeend then IF DAYCALL and bulltrend and golong and CB1H and close > entry1 and not longonmarket then buy positionsize contract at market SET STOP %LOSS 1.3 SET TARGET %PROFIT 2.15 ENDIF ENDIF

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  if time >= timestart and time < timeend then IF DAYCALL and bulltrend and golong and CB1H and close > entry1 and not longonmarket then buy positionsize contract at market SET STOP %LOSS 1.3 SET TARGET %PROFIT 2.15 ENDIF ENDIF

  and

  entry method 2:

  if DAYCALL and Rev1 and BollTrig0 and trendup and not longonmarket then buy positionsize contract at market SET STOP %LOSS 1.3 SET TARGET %PROFIT 2.15 ENDIF

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  if DAYCALL and Rev1 and BollTrig0 and trendup and not longonmarket then buy positionsize contract at market SET STOP %LOSS 1.3 SET TARGET %PROFIT 2.15 ENDIF

   

  currently I am managing stoploss with a trailing SL that looks like this:

  //trailing stop function trailingstart = 20 //trailing will start @trailinstart points profit trailingstep = 6 //trailing step to move the "stoploss" //reset the stoploss value IF NOT ONMARKET THEN newSL=0 ENDIF //manage long positions IF LONGONMARKET THEN //first move IF newSL=0 AND close-tradeprice(1)>=trailingstart*pipsize THEN newSL = tradeprice(1)+trailingstep*pipsize ENDIF //next moves IF newSL>0 AND close-newSL>=trailingstep*pipsize THEN newSL = newSL+trailingstep*pipsize ENDIF ENDIF //stop order to exit the positions IF newSL>0 THEN SELL AT newSL STOP ENDIF

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  //trailing stop function trailingstart = 20 //trailing will start @trailinstart points profit trailingstep = 6 //trailing step to move the "stoploss" //reset the stoploss value IF NOT ONMARKET THEN newSL=0 ENDIF //manage long positions IF LONGONMARKET THEN //first move IF newSL=0 AND close-tradeprice(1)>=trailingstart*pipsize THEN newSL = tradeprice(1)+trailingstep*pipsize ENDIF //next moves IF newSL>0 AND close-newSL>=trailingstep*pipsize THEN newSL = newSL+trailingstep*pipsize ENDIF ENDIF //stop order to exit the positions IF newSL>0 THEN SELL AT newSL STOP ENDIF

   

  however this makes it so that applies to both entry methods, I would only like to have trailing SL for entry method 1, where as entry method 2, i just want SL to be put breakeven and never move again.

  Is there any solution to distinguish this?

   

  best regards

  Jonathan

  

  Crazzycameel

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  11/16/2024 at 3:35 PM #240410
  Anjuna Marine

  You could run two separate strategies? Keep it simple.

  

  Anjuna Marine

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  11/16/2024 at 9:10 PM #240415
  Crazzycameel

  unfortunately not, as i dont want there to be a scenario where they execute at the same time

  

  Crazzycameel

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  11/16/2024 at 9:35 PM #240416
  GraHal

  Try …

  Method1 = 1 If Method1 Then if time >= timestart and time < timeend then IF DAYCALL and bulltrend and golong and CB1H and close > entry1 and not longonmarket then buy positionsize contract at market SET STOP %LOSS 1.3 SET TARGET %PROFIT 2.15 ENDIF ENDIF //trailing stop function trailingstart = 20 //trailing will start @trailinstart points profit trailingstep = 6 //trailing step to move the "stoploss" //reset the stoploss value IF NOT ONMARKET THEN newSL=0 ENDIF //manage long positions IF LONGONMARKET THEN //first move IF newSL=0 AND close-tradeprice(1)>=trailingstart*pipsize THEN newSL = tradeprice(1)+trailingstep*pipsize ENDIF //next moves IF newSL>0 AND close-newSL>=trailingstep*pipsize THEN newSL = newSL+trailingstep*pipsize ENDIF ENDIF //stop order to exit the positions IF newSL>0 THEN SELL AT newSL STOP ENDIF ENDIF

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  Method1 = 1 If Method1 Then if time >= timestart and time < timeend then IF DAYCALL and bulltrend and golong and CB1H and close > entry1 and not longonmarket then buy positionsize contract at market SET STOP %LOSS 1.3 SET TARGET %PROFIT 2.15 ENDIF ENDIF //trailing stop function trailingstart = 20 //trailing will start @trailinstart points profit trailingstep = 6 //trailing step to move the "stoploss" //reset the stoploss value IF NOT ONMARKET THEN newSL=0 ENDIF //manage long positions IF LONGONMARKET THEN //first move IF newSL=0 AND close-tradeprice(1)>=trailingstart*pipsize THEN newSL = tradeprice(1)+trailingstep*pipsize ENDIF //next moves IF newSL>0 AND close-newSL>=trailingstep*pipsize THEN newSL = newSL+trailingstep*pipsize ENDIF ENDIF //stop order to exit the positions IF newSL>0 THEN SELL AT newSL STOP ENDIF ENDIF

   

  

  GraHal

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  11/16/2024 at 11:02 PM #240417
  Crazzycameel

  does unfortunately not do it. Method 2 still trails the stoploss the same way. but i think you you’re onto something about defining the different methods to split them up, im just not very experience on that end yet

  

  Crazzycameel

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