Stoploss doesn’t work on Backtest

• 04/14/2021 at 3:11 PM #167064
  Malend

  Hi

  I am using PRT version V11.1-1.8.0_202

  I am backtesting a LONG strategy where I enter and BUY at a certain candle pattern. I SELL at another candle pattern and I put a Stoploss at the low. When I look at the backtest order list I see that it only exits when it shows the SELL candle pattern and it doesn’t exit at the Stop Loss.
  I have set it on the low and I also tried low1], but it doesn’t work.

  I have included the coding.

  Thanks, Marc

  K = stochastic[14,3] // Conditions to ENTER LONG positions. BUY IF NOT OnMarket AND open < close and close > high[1] and close > high[3] and K[1] >25 THEN BUY 1 CONTRACTS AT MARKET ENDIF // Conditions to EXIT LONG positions. SELL If LongOnMarket AND close< low[1] THEN SELL AT MARKET ENDIF // Stops and targets SET STOP LOSS low

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  K = stochastic[14,3]   // Conditions to ENTER LONG positions. BUY IF NOT OnMarket AND open < close and close > high[1] and close > high[3] and K[1] >25 THEN BUY 1 CONTRACTS AT MARKET   ENDIF   // Conditions to EXIT LONG positions. SELL If LongOnMarket AND close< low[1] THEN SELL AT MARKET   ENDIF   // Stops and targets SET STOP LOSS low

   

  

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  04/14/2021 at 3:25 PM #167066
  robertogozzi

  You cannot use a price to set a STOP LOSS, but a difference in price (even expressed in pips with pLOSS). You can deal with it with:

  SET STOP LOSS close - low

  1	SET STOP LOSS close - low

  but you should write that at line 6, because at line 16 it would change every candle.

  If you prefer using a price, you need to use a pending STOP order (this one at line 16 because it needs to be placed each candle), but must have been previously set at line 6;

  K = stochastic[14,3] // Conditions to ENTER LONG positions. BUY IF NOT OnMarket AND open < close and close > high[1] and close > high[3] and K[1] >25 THEN BUY 1 CONTRACTS AT MARKET StopLoss = low ENDIF // Conditions to EXIT LONG positions. SELL If LongOnMarket AND close< low[1] THEN SELL AT MARKET ENDIF // Stops and targets IF OnMarket THEN SELL AT StopLoss STOP ENDIF

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  K = stochastic[14,3] // Conditions to ENTER LONG positions. BUY IF NOT OnMarket AND open < close and close > high[1] and close > high[3] and K[1] >25 THEN    BUY 1 CONTRACTS AT MARKET    StopLoss = low ENDIF // Conditions to EXIT LONG positions. SELL If LongOnMarket AND close< low[1] THEN    SELL AT MARKET ENDIF // Stops and targets IF OnMarket THEN    SELL AT StopLoss STOP ENDIF

   

   

  

  robertogozzi

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  04/14/2021 at 4:28 PM #167071
  Malend

  Thanks Roberto

  

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  04/15/2021 at 9:09 PM #167208
  Malend

  Hi Roberto,

  One more thing. I speak here only for a LONG entry.

  I have set my Stoploss like in the coding, and I want to move my Stop to the entry price (so neutral), when the Stochastic D>80 and when D[1]>D.
  But the way I coded this doesn’t work

  E = exponentialaverage[89] K = stochastic[14,3] D = average[3](D) //LONG BUY ENTRY if NOT OnMarket AND close > high[1] and close > high[3] and open < close and low < E and close > E then BUY 1 CONTRACTS AT MARKET StopLoss = low endif If LongOnMarket AND D> 80 and D[1]> D THEN StopLoss = tradeprice ENDIF //Stop Loss and TA IF OnMarket THEN SELL AT StopLoss STOP Set TARGET PROFIT 30*pointsize ENDIF

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  E = exponentialaverage[89] K = stochastic[14,3] D = average[3](D)   //LONG BUY ENTRY if NOT OnMarket AND close > high[1] and close > high[3] and open < close and low < E and close > E then BUY 1 CONTRACTS AT MARKET StopLoss = low   endif If LongOnMarket AND D> 80 and D[1]> D THEN StopLoss = tradeprice ENDIF   //Stop Loss and TA IF OnMarket THEN SELL AT StopLoss STOP Set TARGET PROFIT 30*pointsize ENDIF

   

  

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  04/15/2021 at 10:48 PM #167213
  robertogozzi

  In line 3 replace (D) with (K), it cannot be an average of itself.

  I also suggest to use GRAPH and GRAPHONPRICE make it easier to debug your code:

  E = exponentialaverage[89] K = stochastic[14,3] D = average[3](K) // //LONG BUY ENTRY if NOT OnMarket AND close > high[1] and close > high[3] and open < close and low < E and close > E then BUY 1 CONTRACTS AT MARKET StopLoss = low // endif If LongOnMarket AND D> 80 and D[1]> D THEN StopLoss = tradeprice ENDIF // //Stop Loss and TA IF OnMarket THEN SELL AT StopLoss STOP Set TARGET PROFIT 30*pointsize ENDIF // graph (D[1] > D) AND (D > 80) AND LongOnMarket graphonprice StopLoss

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  E = exponentialaverage[89] K = stochastic[14,3] D = average[3](K) // //LONG BUY ENTRY if NOT OnMarket AND close > high[1] and close > high[3] and open < close and low < E and close > E then    BUY 1 CONTRACTS AT MARKET StopLoss = low // endif If LongOnMarket AND D> 80 and D[1]> D THEN    StopLoss = tradeprice ENDIF // //Stop Loss and TA IF OnMarket THEN    SELL AT StopLoss STOP    Set TARGET PROFIT 30*pointsize ENDIF // graph (D[1] > D) AND (D > 80) AND LongOnMarket graphonprice StopLoss

   

  

  robertogozzi

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  04/16/2021 at 7:18 AM #167223
  Malend

  Oh, yes of course, to long behind the screens. I wrote it wrong and overlooked it all the time.

  Grazie

  

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  04/16/2021 at 8:31 AM #167229
  Malend

  Hi Roberto,
  Thanks for your help in the first place. I really appreciate that.
  I added another move of my stoploss. It is still only for Long entry. I will add the short version later.
  LONG:
  Step 1: stoploss first at low,
  Step 2: then move stoploss to neutral when D>80 and D[1]>D,
  Step 3: then move stoploss to the lowest low within the stochastic cyclelow (D<50) after the cyle has finished, so after D crosses over 50 again.
  Step 1n and Step 2 work fine, But Step 3 doesn’t work. I programmed Step 3 originally as an indicator to show the lowest low within th cyclelow, But it shows me that lowest low even when the cycle is still going. Now for the backtest it has to use the low after the cycle has finished. And I tried different things, but that didn’t work out.

  I don’t know what GRAPH and GRAPHONPRICE actually do. I googled it and it is to mathematical for me as explained there.

  //Backtest: Entry crossing EMA89, with moving stoploss. // LONG // Step 1: stoploss first at low, // Step 2: then move stoploss to neutral when D>80 and D[1]>D, // Step 3: then move stoploss to the lowest low within the stochastic cyclelow (D<50) after the cycle has finished, so after D crosses over 50 again. E = exponentialaverage[89] K = stochastic[14,3] D = average[3](K) // //LONG BUY ENTRY with Step 1: Stoploss at low if NOT OnMarket AND close > high[1] and close > high[3] and open < close and low < E and close > E and D<80 then BUY 1 CONTRACTS AT MARKET StopLoss = low endif // Step 2: Stoploss moves to neutral If LongOnMarket AND D> 80 and D[1]> D THEN StopLoss = tradeprice endif //start of cyclelow looking for the lowest price as long as Stochastic %D<50 and after %D crosses over 50 If D[1] => 50 and D < 50 then incyclelow = 1 lowestprice2 = lowestprice Lowestprice = low endif //End of cyclelow If D [1] < 50 and D => 50 then incyclelow = 0 endif //lowest price in Stochastic cycle %D<50 if incyclelow then lowestprice = min(lowestprice, low) Dlowest = min(Dlowest, D) endif // What is the lowest price bar of this cycle after the cyclelow has closed and %D crosses over 50? // Step 3: Move stoploss to lowest price in cyclelow if lowestprice<>lowestprice[1] then lowestpriceBar=barindex StopLoss = lowestprice endif //Stop Loss and TA IF OnMarket THEN SELL AT StopLoss STOP ENDIF graph (D[1] > D) AND (D > 80) AND LongOnMarket graphonprice StopLoss

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  //Backtest: Entry crossing EMA89, with moving stoploss. // LONG // Step 1: stoploss first at low, // Step 2: then move stoploss to neutral when D>80 and D[1]>D, // Step 3: then move stoploss to the lowest low within the stochastic cyclelow (D<50) after the cycle has finished, so after D crosses over 50 again.   E = exponentialaverage[89] K = stochastic[14,3] D = average[3](K) // //LONG BUY ENTRY with Step 1: Stoploss at low if NOT OnMarket AND close > high[1] and close > high[3] and open < close and low < E and close > E and D<80 then BUY 1 CONTRACTS AT MARKET StopLoss = low endif   // Step 2: Stoploss moves to neutral If LongOnMarket AND D> 80 and D[1]> D THEN StopLoss = tradeprice endif   //start of cyclelow looking for the lowest price as long as Stochastic %D<50 and after %D crosses over 50 If D[1] => 50 and D < 50 then incyclelow = 1 lowestprice2 = lowestprice Lowestprice = low endif //End of cyclelow If D [1] < 50 and D => 50 then incyclelow = 0 endif //lowest price in Stochastic cycle %D<50 if incyclelow then lowestprice = min(lowestprice, low) Dlowest = min(Dlowest, D) endif   // What is the lowest price bar of this cycle after the cyclelow has closed and %D crosses over 50? // Step 3: Move stoploss to lowest price in cyclelow if lowestprice<>lowestprice[1] then lowestpriceBar=barindex StopLoss = lowestprice endif //Stop Loss and TA IF OnMarket THEN SELL AT StopLoss STOP   ENDIF   graph (D[1] > D) AND (D > 80) AND LongOnMarket graphonprice StopLoss

   

  

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  04/16/2021 at 9:00 AM #167239
  robertogozzi

  GRAPH and GRAPHONRICE are istructions to debug your code. You will find a lot of information searching this forum and online documentation.

  As to your code, I’ll check it as soon as possible.

   

   

   

   

  

  robertogozzi

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  04/16/2021 at 3:24 PM #167276
  robertogozzi

  Try this one:

  //Backtest: Entry crossing EMA89, with moving stoploss. // LONG // Step 1: stoploss first at low, // Step 2: then move stoploss to neutral when D>80 and D[1]>D, // Step 3: then move stoploss to the lowest low within the stochastic cyclelow (D<50) after the cycle has finished, so after D crosses over 50 again. E = exponentialaverage[89] K = stochastic[14,3] D = average[3](K) // //LONG BUY ENTRY with Step 1: Stoploss at low if NOT OnMarket AND close > high[1] and close > high[3] and open < close and low < E and close > E and D<80 then BUY 1 CONTRACTS AT MARKET StopLoss = low MyLowest = 0 endif // Step 2: Stoploss moves to neutral If LongOnMarket AND D> 80 and D[1]> D THEN StopLoss = tradeprice endif //start of cyclelow looking for the lowest price as long as Stochastic %D<50 and after %D crosses over 50 If D[1] => 50 and D < 50 then incyclelow = 1 lowestprice2 = lowestprice Lowestprice = low endif //End of cyclelow If D [1] < 50 and D => 50 then incyclelow = 0 endif //////////////////////////////////////////// IF D CROSSES UNDER 50 THEN MyLowest = low ENDIF IF D < 50 THEN MyLowest = min(MyLowest,low) ENDIF IF D CROSSES OVER 50 THEN StopLoss = min(MyLowest,low) ENDIF ////////////////////////////// //lowest price in Stochastic cycle %D<50 if incyclelow then lowestprice = min(lowestprice, low) Dlowest = min(Dlowest, D) endif // What is the lowest price bar of this cycle after the cyclelow has closed and %D crosses over 50? // Step 3: Move stoploss to lowest price in cyclelow if lowestprice<>lowestprice[1] then lowestpriceBar=barindex //StopLoss = lowestprice endif //Stop Loss and TA IF OnMarket THEN SELL AT StopLoss STOP ENDIF //graph (D[1] > D) AND (D > 80) AND LongOnMarket //graphonprice StopLoss

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  //Backtest: Entry crossing EMA89, with moving stoploss. // LONG // Step 1: stoploss first at low, // Step 2: then move stoploss to neutral when D>80 and D[1]>D, // Step 3: then move stoploss to the lowest low within the stochastic cyclelow (D<50) after the cycle has finished, so after D crosses over 50 again. E = exponentialaverage[89] K = stochastic[14,3] D = average[3](K) // //LONG BUY ENTRY with Step 1: Stoploss at low if NOT OnMarket AND close > high[1] and close > high[3] and open < close and low < E and close > E and D<80 then BUY 1 CONTRACTS AT MARKET StopLoss = low MyLowest = 0 endif // Step 2: Stoploss moves to neutral If LongOnMarket AND D> 80 and D[1]> D THEN StopLoss = tradeprice endif //start of cyclelow looking for the lowest price as long as Stochastic %D<50 and after %D crosses over 50 If D[1] => 50 and D < 50 then incyclelow = 1 lowestprice2 = lowestprice Lowestprice = low endif //End of cyclelow If D [1] < 50 and D => 50 then incyclelow = 0 endif //////////////////////////////////////////// IF D CROSSES UNDER 50 THEN MyLowest = low ENDIF IF D < 50 THEN MyLowest = min(MyLowest,low) ENDIF IF D CROSSES OVER 50 THEN StopLoss = min(MyLowest,low) ENDIF ////////////////////////////// //lowest price in Stochastic cycle %D<50 if incyclelow then lowestprice = min(lowestprice, low) Dlowest = min(Dlowest, D) endif // What is the lowest price bar of this cycle after the cyclelow has closed and %D crosses over 50? // Step 3: Move stoploss to lowest price in cyclelow if lowestprice<>lowestprice[1] then lowestpriceBar=barindex //StopLoss = lowestprice endif //Stop Loss and TA IF OnMarket THEN SELL AT StopLoss STOP ENDIF //graph (D[1] > D) AND (D > 80) AND LongOnMarket //graphonprice StopLoss

  I commented out your line 55, then added lines 34-44 and line 15.

  I did not remove any of your lines, in case you need them.

   

  

  robertogozzi

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  04/16/2021 at 3:43 PM #167277
  Malend

  And is there a way in the coding that it only shows 1 decimal of the calculation when I use
  DRAWTEXT (“#calculation#”, barindex, low-0.003, Dialog, standard, 12)

  Or do I need to add something in that calculation?

  

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  04/16/2021 at 4:03 PM #167278
  Malend

  Thanks a lot Roberto,
  Let me check tomorrow. I have worked behind the screens the whole day and I want to take the time to see what happens.
  Grazie mille.

  

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  04/16/2021 at 5:27 PM #167287
  robertogozzi

  Decimal places cannot be limited. You can round them, but you will still see the rightmost 0’s.

  Run this in ProBackTest and you will see the output in the variable window:

  // ROUNDing numbers and decimals a = 16831.45679 // round integers j = round(a - 0.5) //remove all decimals x1 = round((j / 10) - 0.5) * 10 //replace the rightmost unit with 0 y1 = round((j / 100) - 0.5) * 100 //replace the rightmost tens with 00 z1 = round((j / 1000) - 0.5) * 1000 //replace the rightmost hundreds with 000 w1 = round((j / 10000) - 0.5) * 10000 //replace the rightmost ten thousands with 0000 // replace rigtmost digits with 0's x2 = round((a * 10) - 0.5) / 10 //replace 1 rightmost decimal digit with 0 y2 = round((a * 100) - 0.5) / 100 //replace 2 rightmost decimal digits with 00 z2 = round((a * 1000) - 0.5) / 1000 //replace 3 rightmost decimal digits with 000 w2 = round((a * 10000) - 0.5) / 10000 //replace 4 rightmost decimal digits with 0000 graph a graph j graph x1 graph y1 graph z1 graph w1 graph x2 graph y2 graph z2 graph w2 buy at -close limit

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  // ROUNDing numbers and decimals   a  = 16831.45679   // round integers j  = round(a - 0.5)                    //remove all decimals x1 = round((j / 10)    - 0.5) * 10     //replace the rightmost unit with 0 y1 = round((j / 100)   - 0.5) * 100    //replace the rightmost tens with 00 z1 = round((j / 1000)  - 0.5) * 1000   //replace the rightmost hundreds with 000 w1 = round((j / 10000) - 0.5) * 10000  //replace the rightmost ten thousands with 0000   // replace rigtmost digits with 0's x2 = round((a * 10)    - 0.5) / 10     //replace 1 rightmost decimal digit  with 0 y2 = round((a * 100)   - 0.5) / 100    //replace 2 rightmost decimal digits with 00 z2 = round((a * 1000)  - 0.5) / 1000   //replace 3 rightmost decimal digits with 000 w2 = round((a * 10000) - 0.5) / 10000  //replace 4 rightmost decimal digits with 0000   graph a graph j   graph x1 graph y1 graph z1 graph w1   graph x2 graph y2 graph z2 graph w2   buy at -close limit

   

  

  robertogozzi

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  04/17/2021 at 2:12 PM #167324
  Malend

  Hi Roberto, I checked you coding. It almost works. The stoploss of the first step, so the one at the BUY doesn’t work. For BUY It should put the stop on the low of the candle befor the entry candle (because there is not yet a low at the entry candle).I can’t put a finger on where it puts the stop.
  The step 2 and step 3 work. Great the moving of the SL with the Lower highs work.

  I checked it on the EURUSD 1 hour chart and at the 5th April 2021 at 2:00 you see what I mean> It is a great Profit, but it should have been stopped out by the SL of the low of the candle of  1:00.

  

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  04/17/2021 at 2:53 PM #167333
  robertogozzi

  You said “For BUY It should put the stop on the low of the candle befor the entry candle (because there is not yet a low at the entry candle)“. YES, there is a low, it’s the low of the setup candle, the one just closed. But if you want to use the previous low, then replace line 14 with:

  StopLoss = low[1]

  1	StopLoss = low[1]

  Lines 34 – 44 should be changed like this (so that it is calculated only AFTER entering a trade):

  //////////////////////////////////////////// IF OnMarket THEN IF D CROSSES UNDER 50 THEN MyLowest = low ENDIF IF D < 50 THEN MyLowest = min(MyLowest,low) ENDIF IF D CROSSES OVER 50 THEN StopLoss = min(MyLowest,low) ENDIF ENDIF //////////////////////////////

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  //////////////////////////////////////////// IF OnMarket THEN    IF D CROSSES UNDER 50 THEN       MyLowest = low    ENDIF    IF D < 50 THEN       MyLowest = min(MyLowest,low)    ENDIF    IF D CROSSES OVER 50 THEN       StopLoss = min(MyLowest,low)    ENDIF ENDIF //////////////////////////////

   

  

  robertogozzi

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  04/17/2021 at 3:00 PM #167335
  Malend

  I understand the confusion. But I mean the one you described………….the low of the setup candle, the one just closed.

  

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