Quick Question – One order per day

• 05/19/2016 at 7:30 AM #7319
  Cosmic1

  Hi, Great forum.

  I want to only have one order executed per day within my code, what is the easiest way to achieve this?

  

  Cosmic1

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  05/19/2016 at 8:45 AM #7323
  Adolfo

  Hi Cosmic1,

  DEFPARAM CUMULATEORDERS = FALSE IF TIME=090000 THEN myLOT = 1 ENDIF IF ONMARKET THEN myLOT = 0 ENDIF IF NOT ONMARKET AND myConditions THEN BUY myLOT CONTRACT AT MARKET ENDIF

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  DEFPARAM CUMULATEORDERS = FALSE   IF TIME=090000 THEN myLOT = 1 ENDIF   IF ONMARKET THEN myLOT = 0 ENDIF   IF NOT ONMARKET AND myConditions THEN BUY myLOT CONTRACT AT MARKET ENDIF

  Try it and let me know if works for you!

  Cheers

   

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  Adolfo

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  05/19/2016 at 9:38 AM #7327
  Cosmic1

  Thanks for the quick reply. Unsure of how to get it to work within this code…

  // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated DEFPARAM FLATAFTER = 160000 // Conditions to enter long positions indicator1 = close indicator2 = BollingerDown[20](close) c1 = (indicator1 CROSSES OVER indicator2) IF c1 AND HOUR >=08 AND HOUR <=15.5 THEN BUY 2 PERPOINT AT MARKET ENDIF // Conditions to enter short positions indicator5 = close indicator6 = BollingerUp[20](close) c3 = (indicator5 CROSSES OVER indicator6) IF c3 AND HOUR >=08 AND HOUR <=15.5 THEN SELLSHORT 2 PERPOINT AT MARKET ENDIF // Stops and targets SET STOP pLOSS 20 SET TARGET pPROFIT 40 //SET STOP TRAILING 4

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  // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated DEFPARAM FLATAFTER = 160000   // Conditions to enter long positions indicator1 = close indicator2 = BollingerDown[20](close) c1 = (indicator1 CROSSES OVER indicator2)   IF c1 AND HOUR >=08 AND HOUR <=15.5 THEN BUY 2 PERPOINT AT MARKET ENDIF     // Conditions to enter short positions indicator5 = close indicator6 = BollingerUp[20](close) c3 = (indicator5 CROSSES OVER indicator6)   IF c3 AND HOUR >=08 AND HOUR <=15.5 THEN SELLSHORT 2 PERPOINT AT MARKET ENDIF     // Stops and targets SET STOP pLOSS 20 SET TARGET pPROFIT 40 //SET STOP TRAILING 4

   

  

  Cosmic1

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  05/19/2016 at 2:14 PM #7351
  Nicolas

  Hi, this is an usual question, we should made a code snippet for that within a blog article! 🙂

  Just flag whenever your first trade occur and reset this variable each new day. This variable must be also part of your conditional statement to launch a trade of course, here is your code with these modifications :

  // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated DEFPARAM FLATAFTER = 160000 //reset the variable each new day if intradaybarindex = 0 then alreadytraded = 0 endif // Conditions to enter long positions indicator1 = close indicator2 = BollingerDown[20](close) c1 = (indicator1 CROSSES OVER indicator2) IF c1 AND HOUR >=08 AND HOUR <=15.5 AND alreadytraded=0 THEN BUY 2 PERPOINT AT MARKET alreadytraded=1 ENDIF // Conditions to enter short positions indicator5 = close indicator6 = BollingerUp[20](close) c3 = (indicator5 CROSSES OVER indicator6) IF c3 AND HOUR >=08 AND HOUR <=15.5 AND alreadytraded=0 THEN SELLSHORT 2 PERPOINT AT MARKET alreadytraded=1 ENDIF // Stops and targets SET STOP pLOSS 20 SET TARGET pPROFIT 40 //SET STOP TRAILING 4

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  // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated DEFPARAM FLATAFTER = 160000   //reset the variable each new day if intradaybarindex = 0 then alreadytraded = 0 endif   // Conditions to enter long positions indicator1 = close indicator2 = BollingerDown[20](close) c1 = (indicator1 CROSSES OVER indicator2)   IF c1 AND HOUR >=08 AND HOUR <=15.5 AND alreadytraded=0 THEN BUY 2 PERPOINT AT MARKET alreadytraded=1 ENDIF     // Conditions to enter short positions indicator5 = close indicator6 = BollingerUp[20](close) c3 = (indicator5 CROSSES OVER indicator6)   IF c3 AND HOUR >=08 AND HOUR <=15.5 AND alreadytraded=0 THEN SELLSHORT 2 PERPOINT AT MARKET alreadytraded=1 ENDIF     // Stops and targets SET STOP pLOSS 20 SET TARGET pPROFIT 40 //SET STOP TRAILING 4

   

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  Nicolas

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  05/19/2016 at 2:49 PM #7358
  Cosmic1

  Many thanks Nicolas.

  Another question is how do I enter trades x points above today high or low?

  

  Cosmic1

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  05/19/2016 at 5:03 PM #7389
  Adolfo

  We start defining how many points

  x = 1*PipSize // Points above today high or under today low

  1	x = 1*PipSize // Points above today high or under today low

  And then we set high and low of current day

  todayhigh = DHigh(0) todaylow = DLow(0)

  1 2	todayhigh = DHigh(0) todaylow = DLow(0)

  And last we set orders

  IF myconditions then buy 1 contract at todayhigh+x STOP sellshort 1 contract at todaylow-x STOP ENDIF

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  IF myconditions then buy 1 contract at todayhigh+x STOP sellshort 1 contract at todaylow-x STOP ENDIF

   

   

   

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  Adolfo

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  05/19/2016 at 5:09 PM #7390
  Adolfo

  Your full code with this implement should be like this:

  // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated DEFPARAM FLATAFTER = 160000 // Parameters x = 1 * PipSize // Should be changed "1" to your desired number of pips. // Variables todayhigh = DHigh(0) todaylow = DLow(0) //reset the variable each new day if intradaybarindex = 0 then alreadytraded = 0 endif // Conditions to enter long positions indicator1 = close indicator2 = BollingerDown[20](close) c1 = (indicator1 CROSSES OVER indicator2) IF c1 AND HOUR >=08 AND HOUR <=15.5 AND alreadytraded=0 THEN BUY 2 PERPOINT AT todayhigh+x STOP alreadytraded=1 ENDIF // Conditions to enter short positions indicator5 = close indicator6 = BollingerUp[20](close) c3 = (indicator5 CROSSES OVER indicator6) IF c3 AND HOUR >=08 AND HOUR <=15.5 AND alreadytraded=0 THEN SELLSHORT 2 PERPOINT AT todaylow-x STOP alreadytraded=1 ENDIF // Stops and targets SET STOP pLOSS 20 SET TARGET pPROFIT 40 //SET STOP TRAILING 4

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  // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated DEFPARAM FLATAFTER = 160000   // Parameters x = 1 * PipSize // Should be changed "1" to your desired number of pips.   // Variables todayhigh = DHigh(0) todaylow = DLow(0)   //reset the variable each new day if intradaybarindex = 0 then alreadytraded = 0 endif   // Conditions to enter long positions indicator1 = close indicator2 = BollingerDown[20](close) c1 = (indicator1 CROSSES OVER indicator2)   IF c1 AND HOUR >=08 AND HOUR <=15.5 AND alreadytraded=0 THEN BUY 2 PERPOINT AT todayhigh+x STOP alreadytraded=1 ENDIF     // Conditions to enter short positions indicator5 = close indicator6 = BollingerUp[20](close) c3 = (indicator5 CROSSES OVER indicator6)   IF c3 AND HOUR >=08 AND HOUR <=15.5 AND alreadytraded=0 THEN SELLSHORT 2 PERPOINT AT todaylow-x STOP alreadytraded=1 ENDIF     // Stops and targets SET STOP pLOSS 20 SET TARGET pPROFIT 40 //SET STOP TRAILING 4

   

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  Adolfo

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  05/19/2016 at 9:13 PM #7424
  Cosmic1

  Many thanks chaps, very helpful 🙂

  

  Cosmic1

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  05/20/2016 at 8:31 AM #7441
  Cosmic1

  Another day another question! What is the correct way to scan the market for today’s high and low between set timeframes?

  

  Cosmic1

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  05/20/2016 at 8:54 AM #7447
  Adolfo

  Hi Cosmic, we are talking about something like you ask here:

  http://www.prorealcode.com/topic/coding-for-high-and-low-between-set-hours/

  Have a look

  😉

  

  Adolfo

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  05/21/2016 at 2:56 PM #7636
  Cosmic1

  Hey Adolfo, Had a look but unsure of how to get this working.

  I want to look at the highest and lowest price for the range 1430-1700 for the current day.

  Then I will take a breakout of that range long or short on the same day.

  I have tried many things but cannot get it to work! Any help greatly appreciated.

  

  Cosmic1

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  05/21/2016 at 4:14 PM #7639
  Cosmic1

  I think I may have it working, will let you know soon 🙂

  

  Cosmic1

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