RobertoGozzi Trail – Stops trailing

• 09/23/2021 at 7:17 AM #178142
  murre87

  Hi.
  There are so many great snippets here.
  I use

  RobertoGozzi TS with cumulative orders

  but i need help.
  It starts trailing until in profit but then stops trailing.

  Would it be posible to follow the highest candle (bar position) with X-distance.
  Se my attached picture

  RobertoGozzi Trail

  IF MyCOndition THEN BUY PositionSize CONTRACTS AT MARKET SET STOP %LOSS 1 set target %profit 2 ENDIF trailingstopRTS=trail //RobertoGozzi TS with cumulative orders IF trailingstopRTS then ONCE UseCLOSE = 0 //1=use CLOSE, 0=use High/Low srcH = close //defaults to CLOSE srcL = close //defaults to CLOSE IF UseCLOSE = 0 THEN srcH = high srcL = low ENDIF ONCE UsePerCentage = 1 //0=use Pips (default), 1=use Percentages ONCE UseEquity = 0 //0=use price (default), 1=use current Equity (initial Capital + StrategyProfit, as defined by variable MyEquity) MyEquity = 1000 DirectionSwitch = (LongOnMarket AND ShortOnMarket[1]) OR (LongOnMarket[1] AND ShortOnMarket) //True when there's been a change in the direction (likely to be due to a Stop & Reverse) // IF Not OnMarket OR DirectionSwitch THEN // when NOT OnMarket or thare's been a change in direction, reset values to their default settings StartPerCent = 0.25//pc //0.25 = 0.25% movement to trigger Trailing Stop (when UsePerCentage=1) StepPerCent = 50//spc //50 = 50% (of the 0.25% above) as a Trailing Step (when UsePerCentage=1) (set to 100 to make StepSize=TrailStart, set to 200 to make it twice TrailStart) TrailStart = 30 //30 Start trailing profits from this point (when UsePerCentage=0) MinStart = 10 //10 Minimum value for TrailStart (when UseEquity=1, to prevent TrailStart from dropping below ZERO when Equity turns negative) IF UsePerCentage THEN TrailStart = (close / PipSize) * StartPerCent / 100 //use current price (CLOSE) for calculations IF UseEquity THEN //alternative calculations using EQUITY TrailStart = Max(MinStart,(MyEquity / PipValue) * StartPerCent / 100) //MyEquity is the variable (feel free to use a different name) retaining your current equity ENDIF ENDIF // BasePerCent = 0.11 //BPC 0.08 - 0.2 Profit percentage to keep when setting BerakEven StepSize = 10 //ss //5 - 15 Pip chunks to increase Percentage IF UsePerCentage THEN StepSize = TrailStart * StepPerCent / 100 ENDIF PerCentInc = 0.16 //0.16//pci //0.06 - 0.14 PerCent increment after each StepSize chunk RoundTO = -0.5 //-0.5 rounds always to Lower integer, +0.4 rounds always to Higher integer, 0 defaults PRT behaviour PriceDistance = 12 * pipsize //IG minimum stop distance: DAX = 5, DJ = 12, NAS = 4, SP500 = 1 y1 = 0 //reset to 0 y2 = 0 //reset to 0 ProfitPerCent = BasePerCent //reset to desired default value //PositionCount = 0 SellPrice = 0 SellPriceX = 0 ExitPrice = 9999999 ExitPriceX = 9999999 ELSE //------------------------------------------------------ // --- Update Stop Loss after accumulating new positions //------------------------------------------------------ //PositionCount = max(PositionCount,abs(CountOfPosition)) // // update Stop Loss only when PositionPrice has changed (actually when increased, we don't move it if there's been some positions exited) // //IF PositionCount <> PositionCount[1] AND (ExitPrice + SellPrice)<>9999999 THEN //go on only if Trailing Stop had already started trailing IF PositionPrice <> PositionPrice[1] AND (ExitPrice + SellPrice) <> 9999999 THEN //go on only if Trailing Stop had already started trailing IF LongOnMarket THEN q1 = PositionPrice + ((srcH - PositionPrice) * ProfitPerCent) //calculate new SL SellPriceX = max(max(SellPriceX,SellPrice),q1) SellPrice = max(max(SellPriceX,SellPrice),PositionPrice + (y1 * pipsize)) //set exit price to whatever grants greater profits, comopared to the previous one ELSIF ShortOnMarket THEN r1 = PositionPrice - ((PositionPrice - srcL) * ProfitPerCent) //calculate new SL ExitPriceX = min(min(ExitPriceX,ExitPrice),r1) ExitPrice = min(min(ExitPriceX,ExitPrice),PositionPrice - (y2 * pipsize)) //set exit price to whatever grants greater profits, comopared to the previous one ENDIF ENDIF // --- Update END ENDIF // IF LongOnMarket AND srcH > (PositionPrice + (y1 * pipsize)) THEN //LONG positions // // compute the value of the Percentage of profits, if any, to lock in for LONG trades // x1 = (srcH - PositionPrice) / pipsize //convert price to pips IF x1 >= TrailStart THEN // go ahead only if N+ pips Diff1 = abs(TrailStart - x1) //difference from current profit and TrailStart Chunks1 = max(0,round((Diff1 / StepSize) + RoundTO)) //number of STEPSIZE chunks ProfitPerCent = BasePerCent + (BasePerCent * (Chunks1 * PerCentInc)) //compute new size of ProfitPerCent ProfitPerCent = max(ProfitPerCent[1],min(100,ProfitPerCent)) //make sure ProfitPerCent doess not exceed 100% y1 = max(x1 * ProfitPerCent, y1) //y1 = % of max profit ENDIF ELSIF ShortOnMarket AND srcL < (PositionPrice - (y2 * pipsize)) THEN //SHORT positions // // compute the value of the Percentage of profits, if any, to lock in for SHORT trades // x2 = (PositionPrice - srcL) / pipsize //convert price to pips IF x2 >= TrailStart THEN // go ahead only if N+ pips Diff2 = abs(TrailStart - x2) //difference from current profit and TrailStart Chunks2 = max(0,round((Diff2 / StepSize) + RoundTO)) //number of STEPSIZE chunks ProfitPerCent = BasePerCent + (BasePerCent * (Chunks2 * PerCentInc)) //compute new size of ProfitPerCent ProfitPerCent = max(ProfitPerCent[1],min(100,ProfitPerCent)) //make sure ProfitPerCent doess not exceed 100% y2 = max(x2 * ProfitPerCent, y2) //y2 = % of max profit ENDIF ENDIF //------------------------------------------------------------------------------ // manage actual Exit, if needed //------------------------------------------------------------------------------ IF y1 THEN //Place pending STOP order when y1 > 0 (LONG positions) SellPrice = max(SellPrice,PositionPrice + (y1 * pipsize)) //convert pips to price // // check the minimun distance between ExitPrice and current price // IF abs(close - SellPrice) > PriceDistance THEN // // place either a LIMIT or STOP pending order according to current price positioning // IF close >= SellPrice THEN SELL AT SellPrice STOP ELSE SELL AT SellPrice LIMIT ENDIF ELSE // //sell AT MARKET when EXITPRICE does not meet the broker's minimun distance from current price // SELL AT Market ENDIF ENDIF IF y2 THEN //Place pending STOP order when y2 > 0 (SHORT positions) ExitPrice = min(ExitPrice,PositionPrice - (y2 * pipsize)) //convert pips to price // // check the minimun distance between ExitPrice and current price // IF abs(close - ExitPrice) > PriceDistance THEN // // place either a LIMIT or STOP pending order according to current price positioning // IF close <= ExitPrice THEN EXITSHORT AT ExitPrice STOP ELSE EXITSHORT AT ExitPrice LIMIT ENDIF ELSE // //ExitShort AT MARKET when EXITPRICE does not meet the broker's minimun distance from current price // EXITSHORT AT Market ENDIF Endif 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 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145

  IF MyCOndition THEN BUY PositionSize CONTRACTS AT MARKET SET STOP %LOSS 1 set target %profit 2 ENDIF       trailingstopRTS=trail //RobertoGozzi TS with cumulative orders IF trailingstopRTS then ONCE UseCLOSE = 0       //1=use CLOSE,  0=use High/Low srcH = close            //defaults to CLOSE srcL = close            //defaults to CLOSE IF UseCLOSE = 0 THEN srcH = high srcL = low ENDIF ONCE UsePerCentage = 1    //0=use Pips  (default), 1=use Percentages ONCE UseEquity     = 0    //0=use price (default), 1=use current Equity (initial Capital + StrategyProfit, as defined by variable MyEquity) MyEquity = 1000 DirectionSwitch = (LongOnMarket AND ShortOnMarket[1]) OR (LongOnMarket[1] AND ShortOnMarket)  //True when there's been a change in the direction (likely to be due to a Stop & Reverse) // IF Not OnMarket OR DirectionSwitch THEN // when NOT OnMarket or thare's been a change in direction, reset values to their default settings StartPerCent  = 0.25//pc //0.25  = 0.25% movement to trigger Trailing Stop       (when UsePerCentage=1) StepPerCent   = 50//spc //50  = 50% (of the 0.25% above) as a Trailing Step (when UsePerCentage=1) (set to 100 to make StepSize=TrailStart, set to 200 to make it twice TrailStart) TrailStart    = 30   //30  Start trailing profits from this point  (when UsePerCentage=0) MinStart      = 10    //10  Minimum value for TrailStart            (when UseEquity=1, to prevent TrailStart from dropping below ZERO when Equity turns negative) IF UsePerCentage THEN TrailStart = (close / PipSize) * StartPerCent / 100   //use current price (CLOSE) for calculations IF UseEquity THEN   //alternative calculations using EQUITY TrailStart = Max(MinStart,(MyEquity / PipValue) * StartPerCent / 100)  //MyEquity is the variable (feel free to use a different name) retaining your current equity ENDIF ENDIF // BasePerCent   = 0.11 //BPC 0.08 - 0.2  Profit percentage to keep when setting BerakEven StepSize      = 10   //ss //5 - 15     Pip chunks to increase Percentage IF UsePerCentage THEN StepSize   = TrailStart * StepPerCent / 100 ENDIF PerCentInc    = 0.16   //0.16//pci //0.06 - 0.14  PerCent increment after each StepSize chunk RoundTO       = -0.5        //-0.5   rounds always to Lower integer,   +0.4 rounds always to Higher integer,     0 defaults PRT behaviour PriceDistance = 12 * pipsize //IG minimum stop distance: DAX = 5, DJ = 12, NAS = 4, SP500 = 1 y1            = 0           //reset to 0 y2            = 0           //reset to 0 ProfitPerCent = BasePerCent //reset to desired default value //PositionCount = 0 SellPrice     = 0 SellPriceX    = 0 ExitPrice     = 9999999 ExitPriceX    = 9999999 ELSE //------------------------------------------------------ // --- Update Stop Loss after accumulating new positions //------------------------------------------------------ //PositionCount = max(PositionCount,abs(CountOfPosition)) // // update Stop Loss only when PositionPrice has changed (actually when increased, we don't move it if there's been some positions exited) // //IF PositionCount <> PositionCount[1] AND (ExitPrice + SellPrice)<>9999999 THEN //go on only if Trailing Stop had already started trailing IF PositionPrice <> PositionPrice[1] AND (ExitPrice + SellPrice) <> 9999999 THEN //go on only if Trailing Stop had already started trailing IF LongOnMarket THEN q1         = PositionPrice + ((srcH - PositionPrice) * ProfitPerCent)      //calculate new SL SellPriceX = max(max(SellPriceX,SellPrice),q1) SellPrice  = max(max(SellPriceX,SellPrice),PositionPrice + (y1 * pipsize)) //set exit price to whatever grants greater profits, comopared to the previous one ELSIF ShortOnMarket THEN r1         = PositionPrice - ((PositionPrice - srcL) * ProfitPerCent)      //calculate new SL ExitPriceX = min(min(ExitPriceX,ExitPrice),r1) ExitPrice  = min(min(ExitPriceX,ExitPrice),PositionPrice - (y2 * pipsize)) //set exit price to whatever grants greater profits, comopared to the previous one ENDIF ENDIF // --- Update END ENDIF // IF LongOnMarket AND srcH > (PositionPrice + (y1 * pipsize)) THEN                              //LONG positions // // compute the value of the Percentage of profits, if any, to lock in for LONG trades // x1 = (srcH - PositionPrice) / pipsize                                     //convert price to pips IF x1 >= TrailStart THEN                                                //    go ahead only if N+ pips Diff1         = abs(TrailStart - x1)                                 //difference from current profit and TrailStart Chunks1       = max(0,round((Diff1 / StepSize) + RoundTO))           //number of STEPSIZE chunks ProfitPerCent = BasePerCent + (BasePerCent * (Chunks1 * PerCentInc)) //compute new size of ProfitPerCent ProfitPerCent = max(ProfitPerCent[1],min(100,ProfitPerCent))         //make sure ProfitPerCent doess not exceed 100% y1 = max(x1 * ProfitPerCent, y1)                                     //y1 = % of max profit ENDIF ELSIF ShortOnMarket AND srcL < (PositionPrice - (y2 * pipsize)) THEN                             //SHORT positions // // compute the value of the Percentage of profits, if any, to lock in for SHORT trades // x2 = (PositionPrice - srcL) / pipsize                                     //convert price to pips IF x2 >= TrailStart THEN                                                //      go ahead only if N+ pips Diff2         = abs(TrailStart - x2)                                 //difference from current profit and TrailStart Chunks2       = max(0,round((Diff2 / StepSize) + RoundTO))           //number of STEPSIZE chunks ProfitPerCent = BasePerCent + (BasePerCent * (Chunks2 * PerCentInc)) //compute new size of ProfitPerCent ProfitPerCent = max(ProfitPerCent[1],min(100,ProfitPerCent))         //make sure ProfitPerCent doess not exceed 100% y2 = max(x2 * ProfitPerCent, y2)                                     //y2 = % of max profit ENDIF ENDIF //------------------------------------------------------------------------------ //                    manage actual Exit, if needed //------------------------------------------------------------------------------ IF y1 THEN                                                                 //Place pending STOP order when y1 > 0   (LONG positions) SellPrice = max(SellPrice,PositionPrice + (y1 * pipsize))                  //convert pips to price // // check the minimun distance between ExitPrice and current price // IF abs(close - SellPrice) > PriceDistance THEN // // place either a LIMIT or STOP pending order according to current price positioning // IF close >= SellPrice THEN SELL AT SellPrice STOP ELSE SELL AT SellPrice LIMIT ENDIF ELSE // //sell AT MARKET when EXITPRICE does not meet the broker's minimun distance from current price // SELL AT Market ENDIF ENDIF IF y2 THEN                                                                 //Place pending STOP order when y2 > 0   (SHORT positions) ExitPrice = min(ExitPrice,PositionPrice - (y2 * pipsize))                  //convert pips to price // // check the minimun distance between ExitPrice and current price // IF abs(close - ExitPrice) > PriceDistance THEN // // place either a LIMIT or STOP pending order according to current price positioning // IF close <= ExitPrice THEN EXITSHORT AT ExitPrice STOP ELSE EXITSHORT AT ExitPrice LIMIT ENDIF ELSE // //ExitShort AT MARKET when EXITPRICE does not meet the broker's minimun distance from current price // EXITSHORT AT Market ENDIF Endif ENDIF

  

  murre87

  Participant

  Topics: 17

  Replies: 162

  Been thanked: 21 times
  09/23/2021 at 7:47 AM #178146
  robertogozzi

  Post the values that you used for MyConditions and PositionsSize and the date and time of those candles in your pics.

   

  

  robertogozzi

  Moderator

  Topics: 69

  Replies: 17188

  Been thanked: 4064 times
  09/23/2021 at 8:16 AM #178153
  murre87

  Timefrem 15
  Wallstreet
  Date of picture: Today

  Follow the highest candle with X distance

  DEFPARAM CUMULATEORDERS = false //=== Risk Management === PositionSize=1 //=== Max Monthly Loss === ONCE MyProfit = 0 ONCE TradeON = 1 IF Month <> Month[1] THEN MyProfit = STRATEGYPROFIT //store profits/losses at the beginning of each month TradeON = 1 //enable trading each new month ENDIF IF (STRATEGYPROFIT - MyProfit) < -3500 THEN //disable trading when losing > 200 currency units TradeON = 0 ENDIF //=== Entry Filter === //Filter 1 indicator1=average[75,7] indicator2=average[125,7] indicator3=average[150,7] F1 = indicator1>indicator2 F2 = indicator2>indicator3 //=== Entry Criteria === //Entry Criteria 1 entrylen = 5 LowVol = round(volume[4]) E1 = volume < LowVol bullish = close>lowest[entrylen](low) IF E1 AND bullish AND F1 AND F2 AND opendayofweek <> 3 AND opendayofweek <> 4 AND opendayofweek <> 0 AND opendayofweek <> 6 AND TradeON THEN BUY PositionSize CONTRACTS AT MARKET SET STOP %LOSS 1 set target %profit 2 ENDIF trailingstopRTS=1 //RobertoGozzi TS with cumulative orders IF trailingstopRTS then ONCE UseCLOSE = 0 //1=use CLOSE, 0=use High/Low srcH = close //defaults to CLOSE srcL = close //defaults to CLOSE IF UseCLOSE = 0 THEN srcH = high srcL = low ENDIF ONCE UsePerCentage = 1 //0=use Pips (default), 1=use Percentages ONCE UseEquity = 0 //0=use price (default), 1=use current Equity (initial Capital + StrategyProfit, as defined by variable MyEquity) MyEquity = 1000 DirectionSwitch = (LongOnMarket AND ShortOnMarket[1]) OR (LongOnMarket[1] AND ShortOnMarket) //True when there's been a change in the direction (likely to be due to a Stop & Reverse) // IF Not OnMarket OR DirectionSwitch THEN // when NOT OnMarket or thare's been a change in direction, reset values to their default settings StartPerCent = 0.25//pc //0.25 = 0.25% movement to trigger Trailing Stop (when UsePerCentage=1) StepPerCent = 50//spc //50 = 50% (of the 0.25% above) as a Trailing Step (when UsePerCentage=1) (set to 100 to make StepSize=TrailStart, set to 200 to make it twice TrailStart) TrailStart = 30 //30 Start trailing profits from this point (when UsePerCentage=0) MinStart = 10 //10 Minimum value for TrailStart (when UseEquity=1, to prevent TrailStart from dropping below ZERO when Equity turns negative) IF UsePerCentage THEN TrailStart = (close / PipSize) * StartPerCent / 100 //use current price (CLOSE) for calculations IF UseEquity THEN //alternative calculations using EQUITY TrailStart = Max(MinStart,(MyEquity / PipValue) * StartPerCent / 100) //MyEquity is the variable (feel free to use a different name) retaining your current equity ENDIF ENDIF // BasePerCent = 0.11 //BPC 0.08 - 0.2 Profit percentage to keep when setting BerakEven StepSize = 10 //ss //5 - 15 Pip chunks to increase Percentage IF UsePerCentage THEN StepSize = TrailStart * StepPerCent / 100 ENDIF PerCentInc = 0.16 //0.16//pci //0.06 - 0.14 PerCent increment after each StepSize chunk RoundTO = -0.5 //-0.5 rounds always to Lower integer, +0.4 rounds always to Higher integer, 0 defaults PRT behaviour PriceDistance = 12 * pipsize //IG minimum stop distance: DAX = 5, DJ = 12, NAS = 4, SP500 = 1 y1 = 0 //reset to 0 y2 = 0 //reset to 0 ProfitPerCent = BasePerCent //reset to desired default value //PositionCount = 0 SellPrice = 0 SellPriceX = 0 ExitPrice = 9999999 ExitPriceX = 9999999 ELSE //------------------------------------------------------ // --- Update Stop Loss after accumulating new positions //------------------------------------------------------ //PositionCount = max(PositionCount,abs(CountOfPosition)) // // update Stop Loss only when PositionPrice has changed (actually when increased, we don't move it if there's been some positions exited) // //IF PositionCount <> PositionCount[1] AND (ExitPrice + SellPrice)<>9999999 THEN //go on only if Trailing Stop had already started trailing IF PositionPrice <> PositionPrice[1] AND (ExitPrice + SellPrice) <> 9999999 THEN //go on only if Trailing Stop had already started trailing IF LongOnMarket THEN q1 = PositionPrice + ((srcH - PositionPrice) * ProfitPerCent) //calculate new SL SellPriceX = max(max(SellPriceX,SellPrice),q1) SellPrice = max(max(SellPriceX,SellPrice),PositionPrice + (y1 * pipsize)) //set exit price to whatever grants greater profits, comopared to the previous one ELSIF ShortOnMarket THEN r1 = PositionPrice - ((PositionPrice - srcL) * ProfitPerCent) //calculate new SL ExitPriceX = min(min(ExitPriceX,ExitPrice),r1) ExitPrice = min(min(ExitPriceX,ExitPrice),PositionPrice - (y2 * pipsize)) //set exit price to whatever grants greater profits, comopared to the previous one ENDIF ENDIF // --- Update END ENDIF // IF LongOnMarket AND srcH > (PositionPrice + (y1 * pipsize)) THEN //LONG positions // // compute the value of the Percentage of profits, if any, to lock in for LONG trades // x1 = (srcH - PositionPrice) / pipsize //convert price to pips IF x1 >= TrailStart THEN // go ahead only if N+ pips Diff1 = abs(TrailStart - x1) //difference from current profit and TrailStart Chunks1 = max(0,round((Diff1 / StepSize) + RoundTO)) //number of STEPSIZE chunks ProfitPerCent = BasePerCent + (BasePerCent * (Chunks1 * PerCentInc)) //compute new size of ProfitPerCent ProfitPerCent = max(ProfitPerCent[1],min(100,ProfitPerCent)) //make sure ProfitPerCent doess not exceed 100% y1 = max(x1 * ProfitPerCent, y1) //y1 = % of max profit ENDIF ELSIF ShortOnMarket AND srcL < (PositionPrice - (y2 * pipsize)) THEN //SHORT positions // // compute the value of the Percentage of profits, if any, to lock in for SHORT trades // x2 = (PositionPrice - srcL) / pipsize //convert price to pips IF x2 >= TrailStart THEN // go ahead only if N+ pips Diff2 = abs(TrailStart - x2) //difference from current profit and TrailStart Chunks2 = max(0,round((Diff2 / StepSize) + RoundTO)) //number of STEPSIZE chunks ProfitPerCent = BasePerCent + (BasePerCent * (Chunks2 * PerCentInc)) //compute new size of ProfitPerCent ProfitPerCent = max(ProfitPerCent[1],min(100,ProfitPerCent)) //make sure ProfitPerCent doess not exceed 100% y2 = max(x2 * ProfitPerCent, y2) //y2 = % of max profit ENDIF ENDIF //------------------------------------------------------------------------------ // manage actual Exit, if needed //------------------------------------------------------------------------------ IF y1 THEN //Place pending STOP order when y1 > 0 (LONG positions) SellPrice = max(SellPrice,PositionPrice + (y1 * pipsize)) //convert pips to price // // check the minimun distance between ExitPrice and current price // IF abs(close - SellPrice) > PriceDistance THEN // // place either a LIMIT or STOP pending order according to current price positioning // IF close >= SellPrice THEN SELL AT SellPrice STOP ELSE SELL AT SellPrice LIMIT ENDIF ELSE // //sell AT MARKET when EXITPRICE does not meet the broker's minimun distance from current price // SELL AT Market ENDIF ENDIF IF y2 THEN //Place pending STOP order when y2 > 0 (SHORT positions) ExitPrice = min(ExitPrice,PositionPrice - (y2 * pipsize)) //convert pips to price // // check the minimun distance between ExitPrice and current price // IF abs(close - ExitPrice) > PriceDistance THEN // // place either a LIMIT or STOP pending order according to current price positioning // IF close <= ExitPrice THEN EXITSHORT AT ExitPrice STOP ELSE EXITSHORT AT ExitPrice LIMIT ENDIF ELSE // //ExitShort AT MARKET when EXITPRICE does not meet the broker's minimun distance from current price // EXITSHORT AT Market ENDIF Endif 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 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183

  DEFPARAM CUMULATEORDERS = false //=== Risk Management === PositionSize=1   //=== Max Monthly Loss === ONCE MyProfit = 0 ONCE TradeON  = 1 IF Month <> Month[1] THEN MyProfit = STRATEGYPROFIT //store profits/losses at the beginning of each month TradeON  = 1              //enable trading each new month ENDIF IF (STRATEGYPROFIT - MyProfit) < -3500 THEN  //disable trading when losing > 200 currency units TradeON = 0 ENDIF //=== Entry Filter === //Filter 1 indicator1=average[75,7] indicator2=average[125,7] indicator3=average[150,7] F1 = indicator1>indicator2 F2 = indicator2>indicator3 //=== Entry Criteria === //Entry Criteria 1 entrylen = 5 LowVol = round(volume[4]) E1 = volume < LowVol bullish = close>lowest[entrylen](low) IF E1 AND bullish AND F1 AND F2 AND opendayofweek <> 3 AND opendayofweek <> 4 AND opendayofweek <> 0 AND opendayofweek <> 6 AND TradeON  THEN BUY PositionSize CONTRACTS AT MARKET SET STOP %LOSS 1 set target %profit 2 ENDIF trailingstopRTS=1 //RobertoGozzi TS with cumulative orders IF trailingstopRTS then ONCE UseCLOSE = 0       //1=use CLOSE,  0=use High/Low srcH = close            //defaults to CLOSE srcL = close            //defaults to CLOSE IF UseCLOSE = 0 THEN srcH = high srcL = low ENDIF ONCE UsePerCentage = 1    //0=use Pips  (default), 1=use Percentages ONCE UseEquity     = 0    //0=use price (default), 1=use current Equity (initial Capital + StrategyProfit, as defined by variable MyEquity) MyEquity = 1000 DirectionSwitch = (LongOnMarket AND ShortOnMarket[1]) OR (LongOnMarket[1] AND ShortOnMarket)  //True when there's been a change in the direction (likely to be due to a Stop & Reverse) // IF Not OnMarket OR DirectionSwitch THEN // when NOT OnMarket or thare's been a change in direction, reset values to their default settings StartPerCent  = 0.25//pc //0.25  = 0.25% movement to trigger Trailing Stop       (when UsePerCentage=1) StepPerCent   = 50//spc //50  = 50% (of the 0.25% above) as a Trailing Step (when UsePerCentage=1) (set to 100 to make StepSize=TrailStart, set to 200 to make it twice TrailStart) TrailStart    = 30   //30  Start trailing profits from this point  (when UsePerCentage=0) MinStart      = 10    //10  Minimum value for TrailStart            (when UseEquity=1, to prevent TrailStart from dropping below ZERO when Equity turns negative) IF UsePerCentage THEN TrailStart = (close / PipSize) * StartPerCent / 100   //use current price (CLOSE) for calculations IF UseEquity THEN   //alternative calculations using EQUITY TrailStart = Max(MinStart,(MyEquity / PipValue) * StartPerCent / 100)  //MyEquity is the variable (feel free to use a different name) retaining your current equity ENDIF ENDIF // BasePerCent   = 0.11 //BPC 0.08 - 0.2  Profit percentage to keep when setting BerakEven StepSize      = 10   //ss //5 - 15     Pip chunks to increase Percentage IF UsePerCentage THEN StepSize   = TrailStart * StepPerCent / 100 ENDIF PerCentInc    = 0.16   //0.16//pci //0.06 - 0.14  PerCent increment after each StepSize chunk RoundTO       = -0.5        //-0.5   rounds always to Lower integer,   +0.4 rounds always to Higher integer,     0 defaults PRT behaviour PriceDistance = 12 * pipsize //IG minimum stop distance: DAX = 5, DJ = 12, NAS = 4, SP500 = 1 y1            = 0           //reset to 0 y2            = 0           //reset to 0 ProfitPerCent = BasePerCent //reset to desired default value //PositionCount = 0 SellPrice     = 0 SellPriceX    = 0 ExitPrice     = 9999999 ExitPriceX    = 9999999 ELSE //------------------------------------------------------ // --- Update Stop Loss after accumulating new positions //------------------------------------------------------ //PositionCount = max(PositionCount,abs(CountOfPosition)) // // update Stop Loss only when PositionPrice has changed (actually when increased, we don't move it if there's been some positions exited) // //IF PositionCount <> PositionCount[1] AND (ExitPrice + SellPrice)<>9999999 THEN //go on only if Trailing Stop had already started trailing IF PositionPrice <> PositionPrice[1] AND (ExitPrice + SellPrice) <> 9999999 THEN //go on only if Trailing Stop had already started trailing IF LongOnMarket THEN q1         = PositionPrice + ((srcH - PositionPrice) * ProfitPerCent)      //calculate new SL SellPriceX = max(max(SellPriceX,SellPrice),q1) SellPrice  = max(max(SellPriceX,SellPrice),PositionPrice + (y1 * pipsize)) //set exit price to whatever grants greater profits, comopared to the previous one ELSIF ShortOnMarket THEN r1         = PositionPrice - ((PositionPrice - srcL) * ProfitPerCent)      //calculate new SL ExitPriceX = min(min(ExitPriceX,ExitPrice),r1) ExitPrice  = min(min(ExitPriceX,ExitPrice),PositionPrice - (y2 * pipsize)) //set exit price to whatever grants greater profits, comopared to the previous one ENDIF ENDIF // --- Update END ENDIF // IF LongOnMarket AND srcH > (PositionPrice + (y1 * pipsize)) THEN                              //LONG positions // // compute the value of the Percentage of profits, if any, to lock in for LONG trades // x1 = (srcH - PositionPrice) / pipsize                                     //convert price to pips IF x1 >= TrailStart THEN                                                //    go ahead only if N+ pips Diff1         = abs(TrailStart - x1)                                 //difference from current profit and TrailStart Chunks1       = max(0,round((Diff1 / StepSize) + RoundTO))           //number of STEPSIZE chunks ProfitPerCent = BasePerCent + (BasePerCent * (Chunks1 * PerCentInc)) //compute new size of ProfitPerCent ProfitPerCent = max(ProfitPerCent[1],min(100,ProfitPerCent))         //make sure ProfitPerCent doess not exceed 100% y1 = max(x1 * ProfitPerCent, y1)                                     //y1 = % of max profit ENDIF ELSIF ShortOnMarket AND srcL < (PositionPrice - (y2 * pipsize)) THEN                             //SHORT positions // // compute the value of the Percentage of profits, if any, to lock in for SHORT trades // x2 = (PositionPrice - srcL) / pipsize                                     //convert price to pips IF x2 >= TrailStart THEN                                                //      go ahead only if N+ pips Diff2         = abs(TrailStart - x2)                                 //difference from current profit and TrailStart Chunks2       = max(0,round((Diff2 / StepSize) + RoundTO))           //number of STEPSIZE chunks ProfitPerCent = BasePerCent + (BasePerCent * (Chunks2 * PerCentInc)) //compute new size of ProfitPerCent ProfitPerCent = max(ProfitPerCent[1],min(100,ProfitPerCent))         //make sure ProfitPerCent doess not exceed 100% y2 = max(x2 * ProfitPerCent, y2)                                     //y2 = % of max profit ENDIF ENDIF //------------------------------------------------------------------------------ //                    manage actual Exit, if needed //------------------------------------------------------------------------------ IF y1 THEN                                                                 //Place pending STOP order when y1 > 0   (LONG positions) SellPrice = max(SellPrice,PositionPrice + (y1 * pipsize))                  //convert pips to price // // check the minimun distance between ExitPrice and current price // IF abs(close - SellPrice) > PriceDistance THEN // // place either a LIMIT or STOP pending order according to current price positioning // IF close >= SellPrice THEN SELL AT SellPrice STOP ELSE SELL AT SellPrice LIMIT ENDIF ELSE // //sell AT MARKET when EXITPRICE does not meet the broker's minimun distance from current price // SELL AT Market ENDIF ENDIF IF y2 THEN                                                                 //Place pending STOP order when y2 > 0   (SHORT positions) ExitPrice = min(ExitPrice,PositionPrice - (y2 * pipsize))                  //convert pips to price // // check the minimun distance between ExitPrice and current price // IF abs(close - ExitPrice) > PriceDistance THEN // // place either a LIMIT or STOP pending order according to current price positioning // IF close <= ExitPrice THEN EXITSHORT AT ExitPrice STOP ELSE EXITSHORT AT ExitPrice LIMIT ENDIF ELSE // //ExitShort AT MARKET when EXITPRICE does not meet the broker's minimun distance from current price // EXITSHORT AT Market ENDIF Endif ENDIF

  

  murre87

  Participant

  Topics: 17

  Replies: 162

  Been thanked: 21 times
  09/23/2021 at 8:58 AM #178168
  robertogozzi

  The last trade was closed last Tuesday and no more trades have been opened since then.

   

   

  

  robertogozzi

  Moderator

  Topics: 69

  Replies: 17188

  Been thanked: 4064 times
  09/23/2021 at 9:06 AM #178170
  murre87

  Se attached

  

  murre87

  Participant

  Topics: 17

  Replies: 162

  Been thanked: 21 times
  09/23/2021 at 9:14 AM #178175
  murre87

  I prefer not to show all my code.
  Do you really need all of it 🙂

  Its just about the trail-funtion?
  Is it possbile to trail with x-distance from highest canlde?

  

  murre87

  Participant

  Topics: 17

  Replies: 162

  Been thanked: 21 times
  09/23/2021 at 9:27 AM #178178
  robertogozzi

  Explain me what your trailing stop should do, from the start to the end of a trade.

  My code was not meant to follow candlesticks. I think it’s better to code a new one.

   

  

  robertogozzi

  Moderator

  Topics: 69

  Replies: 17188

  Been thanked: 4064 times
  09/23/2021 at 9:32 AM #178179
  murre87

  I like a trailing stoploss function that keep a disctance X from highest candle.
  It only trail one way thats up for bulltrade. If the candles goes down it finaly hits the stolploss.

  

  murre87

  Participant

  Topics: 17

  Replies: 162

  Been thanked: 21 times
  09/23/2021 at 10:08 AM #178202
  robertogozzi

  There you go:

  DEFPARAM CUMULATEORDERS = false PositionSize=1 //=== Max Monthly Loss === ONCE MyProfit = 0 ONCE TradeON = 1 IF Month <> Month[1] THEN MyProfit = STRATEGYPROFIT //store profits/losses at the beginning of each month TradeON = 1 //enable trading each new month ENDIF IF (STRATEGYPROFIT - MyProfit) < -3500 THEN //disable trading when losing > 200 currency units TradeON = 0 ENDIF //=== Entry Filter === //Filter 1 indicator1=average[75,7] indicator2=average[125,7] indicator3=average[150,7] F1 = indicator1>indicator2 F2 = indicator2>indicator3 //=== Entry Criteria === //Entry Criteria 1 entrylen = 5 LowVol = round(volume[4]) E1 = volume < LowVol bullish = close>lowest[entrylen](low) IF E1 AND bullish AND F1 AND F2 AND opendayofweek <> 3 AND opendayofweek <> 4 AND opendayofweek <> 0 AND opendayofweek <> 6 AND TradeON THEN BUY PositionSize CONTRACTS AT MARKET SET STOP %LOSS 1 set target %profit 2 ENDIF // trailingstopRTS=1 IF trailingstopRTS then IF Not OnMarket THEN PriceDistance = 10 * PipSize //PriceDistance from price as required by the broker StopDistance = 30 * PipSize //Distance from HIGH SellPrice = close - StopDistance //The first bar StopDistance is from CLOSE ELSE SellPrice = max(SellPrice,high - StopDistance) IF abs(close - SellPrice) > PriceDistance THEN IF close >= SellPrice THEN SELL AT SellPrice STOP ELSE SELL AT SellPrice LIMIT ENDIF ELSE SELL AT Market ENDIF ENDIF ENDIF // graphonprice SellPrice coloured(0,128,0,150)

  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 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52

  DEFPARAM CUMULATEORDERS = false PositionSize=1 //=== Max Monthly Loss === ONCE MyProfit = 0 ONCE TradeON  = 1 IF Month <> Month[1] THEN MyProfit = STRATEGYPROFIT //store profits/losses at the beginning of each month TradeON  = 1              //enable trading each new month ENDIF IF (STRATEGYPROFIT - MyProfit) < -3500 THEN  //disable trading when losing > 200 currency units TradeON = 0 ENDIF //=== Entry Filter === //Filter 1 indicator1=average[75,7] indicator2=average[125,7] indicator3=average[150,7] F1 = indicator1>indicator2 F2 = indicator2>indicator3 //=== Entry Criteria === //Entry Criteria 1 entrylen = 5 LowVol = round(volume[4]) E1 = volume < LowVol bullish = close>lowest[entrylen](low) IF E1 AND bullish AND F1 AND F2 AND opendayofweek <> 3 AND opendayofweek <> 4 AND opendayofweek <> 0 AND opendayofweek <> 6 AND TradeON  THEN BUY PositionSize CONTRACTS AT MARKET SET STOP %LOSS 1 set target %profit 2 ENDIF // trailingstopRTS=1 IF trailingstopRTS then IF Not OnMarket THEN PriceDistance = 10 * PipSize    //PriceDistance from price as required by the broker StopDistance  = 30 * PipSize    //Distance from HIGH SellPrice     = close - StopDistance  //The first bar StopDistance is from CLOSE ELSE SellPrice = max(SellPrice,high - StopDistance) IF abs(close - SellPrice) > PriceDistance THEN IF close >= SellPrice THEN SELL AT SellPrice STOP ELSE SELL AT SellPrice LIMIT ENDIF ELSE SELL AT Market ENDIF ENDIF ENDIF // graphonprice SellPrice coloured(0,128,0,150)

  at the beginning the stoploss distance is from CLOSE (the entry price), not from HIGH obviously. From then on it starts following any higher high.

   

   

  1 user thanked author for this post.

  murre87

  

  robertogozzi

  Moderator

  Topics: 69

  Replies: 17188

  Been thanked: 4064 times
  09/23/2021 at 11:25 AM #178213
  murre87

  Thanks robertogozzi.
  I thoght this would be a great idea för tariling, but backtest proves me wrong 🙁

  

  murre87

  Participant

  Topics: 17

  Replies: 162

  Been thanked: 21 times
  09/23/2021 at 11:29 AM #178214
  monkeys nuts

  murre87 wrote:

  I prefer not to show all my code.

  Do you really need all of it 🙂

  Its just about the trail-funtion?

  Is it possbile to trail with x-distance from highest canlde?

  murre87   “I prefer not to show all my code”  🙂   That’s all you ask people to do on this site!  Hahahaha   Think you should share it to e fair

  1 user thanked author for this post.

  @AlgoHunter1

  

  monkeys nuts

  Blocked

  Topics: 2

  Replies: 18

  Been thanked: 4 times
  09/23/2021 at 11:35 AM #178217
  GraHal

  Shame to waste Roberto kindness, so link to above added as Log 304 here

  Snippet Link Library

  I’ll have a go using it later on a few of my Algos. Never  seen much improvement with any trailing stop.

  We could do with a dedicate topic to try and bottom out what TS’s work and with what type of strategy.

   

  2 users thanked author for this post.

  @AlgoHunter1, robertogozzi

  

  GraHal

  Participant

  Topics: 214

  Replies: 8825

  Been thanked: 2198 times
  09/21/2024 at 3:43 PM #237908
  YvesRobert

  Hello everybody,

  May I ask you something please ?

  <span class="Y2IQFc" lang="en">How to code capital protection? For example, if I have an initial capital of €5000, and after a few days I earn €1000, I must protect this new capital and put a stop for example at €1100. If my new capital subsequently drops to €800, I will leave the program. Thank you and have a good day. </span>

  1 2 3 4 5

  <span class="Y2IQFc" lang="en">How to code capital protection? For example, if I have an initial capital of €5000, and after a few days I earn €1000, I must protect this new capital and put a stop for example at €1100. If my new capital subsequently drops to €800, I will leave the program.   Thank you and have a good day. </span>

  

  YvesRobert

  Participant

  Topics: 1

  Replies: 32

  Been thanked: 1 time
  09/21/2024 at 6:55 PM #237911
  GraHal

  Below is the post above …  easier for readers …

  Hello everybody,

  May I ask you something please ?

  How to code capital protection? For example, if I have an initial capital of €5000, and after a few days I earn €1000,

  I must protect this new capital and put a stop for example at €1100. If my new capital subsequently drops to €800, I will leave the program.

  Thank you and have a good day.

   

  

  GraHal

  Participant

  Topics: 214

  Replies: 8825

  Been thanked: 2198 times
  09/23/2024 at 2:57 PM #237942
  robertogozzi

  Try this one:

  ONCE LockingPC = 20 //20% of profits to be locked in ONCE TotalProfits = 0 ONCE LockTreshold = 0 MyLongConditions = close CROSSES OVER average[20,0](close) AND Not OnMarket IF MyLongConditions THEN BUY 1 CONTRACT AT MARKET SL = close - (100 / PipSize) TP = close + (200 / PipSize) SET STOP PRICE SL SET TARGET PRICE TP //after any gain, the SL can't exceedd the locked profits treshold IF LockTreshold > 0 THEN SL = TradePrice - min(100,LockTreshold / PipValue) ENDIF SET STOP PRICE SL ENDIF //check profits and set the treshold accordingly IF (StrategyProfit - StrategyProfit[1]) THEN TotalProfits = TotalProfits + (StrategyProfit - StrategyProfit[1]) IF TotalProfits > 0 THEN LockTreshold = max(0,max(LockTreshold,(TotalProfits * LockingPC / 100))) ENDIF ENDIF //debugging instructions graph StrategyProfit - StrategyProfit[1] graph TotalProfits coloured("Blue") graph LockTreshold coloured("Red") graphonprice SL coloured("Red") graphonprice TP coloured("Blue")

  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

  ONCE LockingPC        = 20       //20% of profits to be locked in ONCE TotalProfits     = 0 ONCE LockTreshold     = 0 MyLongConditions = close CROSSES OVER average[20,0](close) AND Not OnMarket IF MyLongConditions THEN    BUY 1 CONTRACT AT MARKET    SL = close - (100 / PipSize)    TP = close + (200 / PipSize)    SET STOP   PRICE SL    SET TARGET PRICE TP    //after any gain, the SL can't exceedd the locked profits treshold    IF LockTreshold > 0 THEN       SL = TradePrice - min(100,LockTreshold / PipValue)    ENDIF    SET STOP PRICE SL ENDIF //check profits and set the treshold accordingly IF (StrategyProfit - StrategyProfit[1]) THEN    TotalProfits = TotalProfits + (StrategyProfit - StrategyProfit[1])    IF TotalProfits > 0 THEN       LockTreshold = max(0,max(LockTreshold,(TotalProfits * LockingPC / 100)))    ENDIF ENDIF //debugging instructions graph StrategyProfit - StrategyProfit[1] graph TotalProfits coloured("Blue") graph LockTreshold coloured("Red") graphonprice SL    coloured("Red") graphonprice TP    coloured("Blue")

   

  

  robertogozzi

  Moderator

  Topics: 69

  Replies: 17188

  Been thanked: 4064 times
• Author
  Posts