SellShort not being triggered

• 10/05/2018 at 11:25 AM #82021
  chillydk147

  Hello, I’m testing a simple backtest, below is an outline of what it should do

  1. Adjust the level at which a Short is triggered if a higher low for the previous candle occurs.
  2. The level of the Short is set to the value of the new higher low minus 10pips

  For some reason it never triggers, if I set an explicit vale like, 1.48020 then it’ll work fine, attached is a screenshot of my backtest with indicators as to where it starts and where I expect the trigger to occur. Any help or suggestions would be greatly appreciated.

  DEFPARAM CumulateOrders = False // Cumulating positions deactivated ONCE levelUpdated = 0 ONCE trackPips = 0.00100 ONCE shortPrice = 0 IF (Low[1]-trackPips) > shortPrice THEN shortPrice = (Low[1]-trackPips) levelUpdated = 1 ENDIF IF STRATEGYPROFIT > 0 OR STRATEGYPROFIT < 0 THEN QUIT ENDIF IF levelUpdated = 1 THEN SELLSHORT 1 CONTRACT AT shortPrice STOP levelUpdated = 0 ENDIF

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19

  DEFPARAM CumulateOrders = False // Cumulating positions deactivated   ONCE levelUpdated = 0 ONCE trackPips = 0.00100 ONCE shortPrice = 0   IF (Low[1]-trackPips) > shortPrice THEN shortPrice = (Low[1]-trackPips) levelUpdated = 1 ENDIF   IF STRATEGYPROFIT > 0 OR STRATEGYPROFIT < 0 THEN QUIT ENDIF   IF levelUpdated = 1 THEN SELLSHORT 1 CONTRACT AT shortPrice STOP levelUpdated = 0 ENDIF

   

   

  

  chillydk147

  Participant

  Topics: 5

  Replies: 5

  Been thanked: 0 times
  10/05/2018 at 12:53 PM #82037
  GraHal

  I reckon the problem is to do with the trackPips, but I can’t explain why (without thinking how to explain, maybe more later)! 🙂

  Also your code doesn’t mention highest low (or can’t I see it?) but your image states that Sellshort should have executed at 10 points below highest low?

  

  GraHal

  Participant

  Topics: 214

  Replies: 8826

  Been thanked: 2198 times
  10/05/2018 at 1:24 PM #82048
  Nicolas

  GRAPH ShortPrice

  1	GRAPH ShortPrice

  while backtesting will surely gives you useful info to spot where the trouble is!

  

  Nicolas

  Keymaster

  Topics: 81

  Replies: 20863

  Been thanked: 4774 times
• Author
  Posts