Silly Q exit x points after entry not working

• 05/24/2016 at 2:25 PM #7876
  Cosmic1

  indicator1 = close c1 = (indicator1>25) indicator2 = close c2 = (indicator2<25) IF SHORTONMARKET AND C1 OR C2 THEN EXITSHORT AT MARKET ENDIF

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  indicator1 = close   c1 = (indicator1>25)   indicator2 = close   c2 = (indicator2<25)   IF SHORTONMARKET AND C1 OR C2 THEN EXITSHORT AT MARKET ENDIF

   

  

  Cosmic1

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  05/24/2016 at 2:38 PM #7877
  Nicolas

  Hmm i’m not sure what you want to do with this code. You are trying to close a short trade if the price is > to 25 and also if price is < 25 , so obviously your conditions are always met.

  What is the exact question please?

  

  Nicolas

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  05/24/2016 at 3:19 PM #7885
  Cosmic1

  Sorry Nicolas, still learning.

  I want to close the trade if it either hits 25 points profit or 25 points loss from the entry price.

  

  Cosmic1

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  05/24/2016 at 3:30 PM #7886
  Nicolas

  Ok, don’t be sorry, there is no stupid question 🙂

  So, just add these instructions to your code:

  SET STOP PLOSS 25 SET TARGET PPROFIT 25

  1 2	SET STOP PLOSS 25 SET TARGET PPROFIT 25

  You can have a look at all the Probacktest/ProOrder instruction here in the prorealtime documentation: http://www.prorealcode.com/documentation/category/probacktest/ , if you need more assistance to program your trading strategy, or just ask!

   

  

  Nicolas

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  05/24/2016 at 3:53 PM #7888
  Cosmic1

  Thanks but I want to exit long positions at different targets and stops to short ones. What I’m after would come in handy for many strategy’s I’m testing.

  

  Cosmic1

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  05/24/2016 at 4:10 PM #7889
  Nicolas

  Ok so test if you are in long or short conditions and then set your different values like this:

  if longonmarket then SET STOP PLOSS 25 SET TARGET PPROFIT 25 endif if shortonmarket then SET STOP PLOSS 35 SET TARGET PPROFIT 42 endif

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  if longonmarket then   SET STOP PLOSS 25 SET TARGET PPROFIT 25 endif   if shortonmarket then SET STOP PLOSS 35 SET TARGET PPROFIT 42 endif

   

  

  Nicolas

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  05/24/2016 at 4:39 PM #7896
  Cosmic1

  Aha so simple when you know how 🙂 Will test soon.

  

  Cosmic1

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  05/24/2016 at 4:51 PM #7899
  Cosmic1

  Still no dice?

  IF Time = 173000 then cashhigh = highest[180](high) cashlow = lowest[180](low) ENDIF //Enter Longs IF Time > 173000 AND Time <= 193000 THEN BUY 1 PERPOINT AT cashhigh-5 STOP ENDIF //Enter Shorts IF Time > 173000 AND Time <= 193000 THEN SELLSHORT 1 PERPOINT at cashlow+5 STOP ENDIF if longonmarket then SET STOP PLOSS 40 SET TARGET PPROFIT 25 endif if shortonmarket then SET STOP PLOSS 30 SET TARGET PPROFIT 25 endif

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  IF Time = 173000 then   cashhigh = highest[180](high) cashlow = lowest[180](low)   ENDIF   //Enter Longs IF Time > 173000 AND Time <= 193000 THEN BUY 1 PERPOINT AT cashhigh-5 STOP ENDIF   //Enter Shorts IF Time > 173000 AND Time <= 193000 THEN SELLSHORT 1 PERPOINT at cashlow+5 STOP ENDIF   if longonmarket then SET STOP PLOSS 40 SET TARGET PPROFIT 25 endif   if shortonmarket then SET STOP PLOSS 30 SET TARGET PPROFIT 25 endif

   

  

  Cosmic1

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  05/24/2016 at 5:04 PM #7902
  Nicolas

  I’m sorry? On what instrument do you test this automated strategy?

  

  Nicolas

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  05/24/2016 at 5:38 PM #7903
  Cosmic1

  The major indices and it only takes one trade per day, sorry didn’t include that bit. Basically everything works the way I want it apart from the fact I can’t adjust the long and short, stop and limit separately.

   

  I could of course separate the code in to long and short positions but would be nice to have it in one code.

  

  Cosmic1

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  05/24/2016 at 7:05 PM #7910
  Nicolas

  So you want to only let the current order go to profit or loss and avoid another one to initiate?

  

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  05/24/2016 at 7:34 PM #7914
  Cosmic1

  Sorry I have not been clear, been too long at the screen.

  This is working the way I want it, just need to achieve separate stops and limits for long and short positions.

   

  DEFPARAM CUMULATEORDERS = FALSE DEFPARAM FLATAFTER = 205500 // One Trade Per Day Once nbTrades = 0 Once tradesPerDay = 1 If Day<>Day[1] then nbTrades = 0 Else If (Not OnMarket[1] and OnMarket) xor (ShortOnMarket[1] and LongOnMarket) xor (LongOnMarket[1] and ShortOnMarket) then nbTrades = nbTrades + 1 Endif Endif If nbTrades < tradesPerDay then //End One Trade Per Day Code cashhigh = highest[180](high) cashlow = lowest[180](low) ENDIF //Enter Longs IF Time > 173000 AND Time <= 193000 THEN BUY 1 PERPOINT AT cashhigh-5 STOP ENDIF //Enter Shorts IF Time > 173000 AND Time <= 193000 THEN SELLSHORT 1 PERPOINT at cashlow+5 STOP ENDIF set stop ploss 25 set target pprofit 50 //ENDIF below is to finish off the one trades per day code at the start. ENDIF

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  DEFPARAM CUMULATEORDERS = FALSE DEFPARAM FLATAFTER = 205500     // One Trade Per Day Once nbTrades = 0 Once tradesPerDay = 1   If Day<>Day[1] then nbTrades = 0 Else If (Not OnMarket[1] and OnMarket) xor (ShortOnMarket[1] and LongOnMarket) xor (LongOnMarket[1] and ShortOnMarket) then nbTrades = nbTrades + 1 Endif Endif   If nbTrades < tradesPerDay then   //End One Trade Per Day Code   cashhigh = highest[180](high) cashlow = lowest[180](low)   ENDIF   //Enter Longs IF Time > 173000 AND Time <= 193000 THEN BUY 1 PERPOINT AT cashhigh-5 STOP ENDIF   //Enter Shorts IF Time > 173000 AND Time <= 193000 THEN SELLSHORT 1 PERPOINT at cashlow+5 STOP   ENDIF   set stop ploss 25 set target pprofit 50   //ENDIF below is to finish off the one trades per day code at the start. ENDIF

   

  

  Cosmic1

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  05/25/2016 at 9:49 PM #8042
  Cosmic1

  Been playing around with this today but still no joy, any help appreciated 🙂

  

  Cosmic1

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  05/26/2016 at 12:41 AM #8050
  Adolfo

  DEFPARAM CUMULATEORDERS = FALSE DEFPARAM FLATAFTER = 205500 // One Trade Per Day Once nbTrades = 0 Once tradesPerDay = 1 If Day<>Day[1] then nbTrades = 0 Else If (Not OnMarket[1] and OnMarket) xor (ShortOnMarket[1] and LongOnMarket) xor (LongOnMarket[1] and ShortOnMarket) then nbTrades = nbTrades + 1 Endif Endif If nbTrades < tradesPerDay then //End One Trade Per Day Code cashhigh = highest[180](high) cashlow = lowest[180](low) ENDIF //Enter Longs IF Time > 173000 AND Time <= 193000 THEN BUY 1 PERPOINT AT cashhigh-5 STOP ENDIF //Enter Shorts IF Time > 173000 AND Time <= 193000 THEN SELLSHORT 1 PERPOINT at cashlow+5 STOP ENDIF if longonmarket then set stop ploss 40 set target pprofit 25 endif if shortonmarket then set stop ploss 30 set target profit 25 endif //ENDIF below is to finish off the one trades per day code at the start. ENDIF

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  DEFPARAM CUMULATEORDERS = FALSE DEFPARAM FLATAFTER = 205500     // One Trade Per Day Once nbTrades = 0 Once tradesPerDay = 1   If Day<>Day[1] then nbTrades = 0 Else If (Not OnMarket[1] and OnMarket) xor (ShortOnMarket[1] and LongOnMarket) xor (LongOnMarket[1] and ShortOnMarket) then nbTrades = nbTrades + 1 Endif Endif   If nbTrades < tradesPerDay then   //End One Trade Per Day Code   cashhigh = highest[180](high) cashlow = lowest[180](low)   ENDIF   //Enter Longs IF Time > 173000 AND Time <= 193000 THEN BUY 1 PERPOINT AT cashhigh-5 STOP ENDIF   //Enter Shorts IF Time > 173000 AND Time <= 193000 THEN SELLSHORT 1 PERPOINT at cashlow+5 STOP   ENDIF   if longonmarket then set stop ploss 40 set target pprofit 25 endif   if shortonmarket then set stop ploss 30 set target profit 25 endif   //ENDIF below is to finish off the one trades per day code at the start. ENDIF

   

  

  Adolfo

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  05/26/2016 at 7:47 AM #8057
  Cosmic1

  Hi,

  Thanks for the reply but it doesn’t work unfortunately. Did it work for you? The results never come to any stop or limit on any trade when I test it.

  

  Cosmic1

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