Strategyprofit on fixed tp

• 03/11/2023 at 7:26 PM #211394
  robertogozzi

  It’s not tricky to make calculations. Starting from 1 lot, which is the default lotsize, you simply have to decrement (or increment) it so that, the first time or when Capital < Capital[1] a new LotSize is used to get 1.01 Capital (Capital + 1%)  when a 1.5% TP is reached, which is repeated until Capital > Capital[1] and LotSize is restored to the default size.

  It’s tricky to spot any 1.5% increase in a single trade, before the Daily closing at 213000.

  Anyway this is a modified version with new calculations:

  // late lunch trade with money management system defparam cumulateorders = false //defparam flatafter = 213000 once Capital = 10000 once FirstCap = Capital once Equity = Capital once OrderSize = 1 once LotSize = ordersize ONCE TP = 1.5 //1.5% Take Profit ONCE Mult = 1 //1% Capital Multiplier ONCE Dec = 2 //1 number of decimal digits when rounding LotSize calculations // ONCE First = 1 td = opendayofweek >= 1 and opendayofweek <= 5 tt = time = 133000 c = close > exponentialaverage[6](close) NewTrade = (LongOnMarket AND ShortOnMarket[1]) OR (LongOnMarket[1] AND ShortOnMarket) OR (OnMarket AND Not OnMarket[1]) IF NewTrade THEN PriceX = TradePrice PC = 0 Diff = 0 First = 0 ENDIF IF StrategyProfit <> StrategyProfit[1] THEN Capital= FirstCap + StrategyProfit ENDIF IF StrategyProfit > StrategyProfit[1] THEN IF Capital > Equity THEN Equity = Capital LotSize = 1 First = 0 ELSE First = 1 ENDIF ELSIF StrategyProfit < StrategyProfit[1] THEN First = 1 ENDIF If td and tt and c then IF First = 1 THEN LotSize = floor((Equity + (Equity * Mult / 100)) / (Equity + (close * TP / 100 * PipValue)),Dec) ENDIF buy lotsize contract at market endif set target %profit TP

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  // late lunch trade with money management system defparam cumulateorders = false //defparam flatafter      = 213000 once Capital    = 10000 once FirstCap   = Capital once Equity     = Capital once OrderSize  = 1 once LotSize    = ordersize ONCE TP         = 1.5              //1.5%    Take Profit ONCE Mult       = 1                //1%      Capital Multiplier ONCE Dec        = 2                //1       number of decimal digits when rounding LotSize calculations // ONCE First      = 1 td = opendayofweek >= 1 and opendayofweek <= 5 tt = time = 133000 c  = close > exponentialaverage[6](close)   NewTrade = (LongOnMarket AND ShortOnMarket[1]) OR (LongOnMarket[1] AND ShortOnMarket) OR (OnMarket AND Not OnMarket[1]) IF NewTrade THEN PriceX = TradePrice PC     = 0 Diff   = 0 First  = 0 ENDIF   IF StrategyProfit <> StrategyProfit[1] THEN Capital= FirstCap + StrategyProfit ENDIF   IF StrategyProfit > StrategyProfit[1] THEN IF Capital > Equity THEN Equity  = Capital LotSize = 1 First   = 0 ELSE First   = 1 ENDIF ELSIF StrategyProfit < StrategyProfit[1] THEN First = 1 ENDIF If td and tt and c then IF First = 1 THEN LotSize = floor((Equity + (Equity * Mult / 100)) / (Equity + (close * TP / 100 * PipValue)),Dec) ENDIF buy lotsize contract at market endif set target %profit TP

   

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  JohnScher

  

  robertogozzi

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  03/25/2023 at 11:24 AM #212094
  JohnScher

  Thank you Roberto, thank you very much.

  I just got around to looking at your code today, but unfortunately it doesn’t do what it’s supposed to.
  It’s up to me to make it understandable to you what the code is supposed to do.
  So I’ll try it one more time, one last time, to bring in calm.

  The code should check after a trade if the capital is higher or lower than the ever reached maximum level of the capital.

  If so,
  we set the now reached (new) maximum level of the Capital as the new ever reached maximum level of the Capital (as a basis for calculation) and
  we continue the trade with lot size = 1

  If no,
  we calculate the lot size in such a way that when the take profit of the trade is reached, the ever reached maximum level of the capital increases by 1%. Because of the timestop, we will rarely reach the takeprofit of the trade, no problem. But if it is, all previous losses will be compensated and the capital will increase to 101%.

   

  

  JohnScher

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