Traielrstop/step with Stoploss

• 04/29/2022 at 11:42 AM #192405
  marinusvrij

  Hello agasin,

   

  I have a question about scripting the following options.

  i have a stoploss in my code as also a trailerstop with a trailerstep.  The backtest on this script is very good but somehow when the

  algo set on live the Stoploss only appears and when the price of the indices targets the Trailerstop / step nothing happens.. the Stoploss will be there – when the price targets the trailerstop / step  the stoploss must disappear.

  Also when the algo is putting up for live there is no feedback from the the backtrest that there is a error in the code…

  Some one who cna help  me ?

  there should be a scrypt who can  combine these two (or 3) options in one script.

   

  

  marinusvrij

  Participant

  Topics: 1

  Replies: 9

  Been thanked: 0 times
  04/29/2022 at 11:45 AM #192406
  Nicolas

  How is it set your trailing stop please? Is it a soft coded one from the forum? Or are you using the SET STOP TRAILING instruction please? We need more information to understand what is happening in live trading.

  Did you check the orders rejection list please?

  

  Nicolas

  Keymaster

  Topics: 81

  Replies: 20863

  Been thanked: 4773 times
  04/29/2022 at 12:25 PM #192415
  marinusvrij

  Hello

   

  There is no rejection in any journal. Or maybe you can show me where it must be written down

  The Algo opens the position on the indicator with the normal stoploss (not via the …… ) but as i saidwhen the pricaction reach the trailerstop/step the algo won’t use this command

  while the backtest doesn’t show any errors (Tick by Thick)

  underneath mentioned thje script

  //trailerstep
  trailingstart = 25 //trailing will start @trailinstart points profit
  trailingstep = 5 //trailing step to move the “stoploss”
  //0 is off 1 is on
  trailerStepFlag = 1

   

  with thanks

  Marco

  

  marinusvrij

  Participant

  Topics: 1

  Replies: 9

  Been thanked: 0 times
  04/29/2022 at 12:51 PM #192418
  marinusvrij

  ps. i’m not using the stoprtrailing code from the wizard..

  Again, there are no rejecting orders the algo does its thing but only with th estoploss and doesn’t use the script for the trailerstop/step

   

  greetings

  Marco

  

  marinusvrij

  Participant

  Topics: 1

  Replies: 9

  Been thanked: 0 times
  04/29/2022 at 3:20 PM #192436
  Nicolas

  Are you using a limited risk account?

  What is “the normal stoploss”, how do you set it?

  Difficult to know where is the trouble with your code as you did not post the full content of the trailing stop part, it seems to come from the forum however?

   

  

  Nicolas

  Keymaster

  Topics: 81

  Replies: 20863

  Been thanked: 4773 times
  04/29/2022 at 4:04 PM #192439
  marinusvrij

  Hello

  Indeed, i use a stoploss 150 euro…

  And i dont have a limited risk account and yes i use the code from the forum. ( wich is of no use as i use a stoploss of 1 % of my balance)

  May the code from the forum is not right?  herunder the code – where also some code is secured..

  //trailerstep trailingstart = 12 //trailing will start @trailinstart points profit trailingstep = 3 //trailing step to move the "stoploss" //0 is off 1 is on trailerStepFlag = 1 //stoploss stopLoss = 150 dynTS = 0 dynTrail = 40 TIMEFRAME(5 MINUTES, UPDATEONCLOSE) // Stops en targets : Voer uw beschermende stops en winst targets hier in // secured xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx //Sigals longSignal = 0 shortSignal = 0 //long = (xxxxxxxxxxxxxxxsecuredxxx //short =(xxxxxxxxxxxxsecuredxxxxxxxxxxxxxxxxxx // Condities om long posities te openen IF NOT LongOnMarket AND long AND active THEN BUY numContr CONTRACTS AT MARKET longSignal = 1 ENDIF // Condities om long posities te sluiten If LongOnMarket AND short THEN SELL AT MARKET ENDIF //Close positions for end of the day IF (time >= closePositions) and LONGONMARKET THEN SELL AT MARKET ENDIF // Condities om short posities te openen IF NOT ShortOnMarket AND short AND active THEN SELLSHORT numContr CONTRACTS AT MARKET shortSignal = 1 ENDIF // Condities om short posities te sluiten IF ShortOnMarket AND long THEN EXITSHORT AT MARKET ENDIF //Close positions for end of the day IF (time >= closePositions) and ShortOnMarket THEN EXITSHORT AT MARKET ENDIF timeframe(1 minutes) ONCE noSignal = 1 // reset newSL Long IF longSignal AND noSignal THEN newSL = 0 dynStop = 0 noSignal = 0 ENDIF IF NOT longSignal and NOT noSignal THEN noSignal = 1 ENDIF // reset newSL short IF shortSignal AND noSignal THEN newSL = 0 dynStop = 0 noSignal = 0 ENDIF IF NOT shortSignal and NOT noSignal THEN noSignal = 1 ENDIF IF trailerStepFlag THEN IF LONGONMARKET THEN //next moves IF newSL>0 AND close-newSL>=trailingstart*pipsize THEN newSL = newSL+(trailingstep*pipsize) ENDIF //first move (breakeven) IF newSL=0 AND close-tradeprice(1)>=trailingstep*pipsize THEN newSL = tradeprice(1)+(trailingstep*pipsize) ENDIF ENDIF //manage short positions IF SHORTONMARKET THEN //next moves IF newSL>0 AND newSL-close>=trailingstart*pipsize THEN newSL = newSL-trailingstep*pipsize ENDIF //first move (breakeven) IF newSL=0 AND tradeprice(1)-close>=trailingstep*pipsize THEN newSL = tradeprice(1)-trailingstep*pipsize ENDIF ENDIF //stop order to exit the positions IF newSL>0 THEN SELL AT newSL STOP EXITSHORT AT newSL STOP ENDIF ENDIF // dynamic trailer step IF dynTS THEN ONCE dynStop = 0 IF LONGONMARKET THEN IF dynStop = 0 THEN dynStop = tradeprice(1) - dynTrail ENDIF IF dynStop > close - dynTrail THEN dynStop = close - dynTrail ENDIF ENDIF IF SHORTONMARKET THEN IF dynStop = 0 THEN dynStop = tradeprice(1) + dynTrail ENDIF IF dynStop < close + dynTrail THEN dynStop = close + dynTrail ENDIF ENDIF IF dynStop>0 THEN SELL AT dynStop STOP EXITSHORT AT dynStop STOP ENDIF ENDIF // Stops en targets SET STOP $LOSS stopLoss

  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

  //trailerstep trailingstart = 12 //trailing will start @trailinstart points profit trailingstep = 3 //trailing step to move the "stoploss" //0 is off 1 is on trailerStepFlag = 1 //stoploss stopLoss = 150 dynTS = 0 dynTrail = 40 TIMEFRAME(5 MINUTES, UPDATEONCLOSE) // Stops en targets : Voer uw beschermende stops en winst targets hier in // secured xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx //Sigals longSignal = 0 shortSignal = 0 //long = (xxxxxxxxxxxxxxxsecuredxxx //short =(xxxxxxxxxxxxsecuredxxxxxxxxxxxxxxxxxx // Condities om long posities te openen IF NOT LongOnMarket AND long AND active THEN BUY numContr CONTRACTS AT MARKET longSignal = 1 ENDIF // Condities om long posities te sluiten If LongOnMarket AND short THEN SELL AT MARKET ENDIF //Close positions for end of the day IF (time >= closePositions) and LONGONMARKET THEN SELL AT MARKET ENDIF // Condities om short posities te openen IF NOT ShortOnMarket AND short AND active THEN SELLSHORT numContr CONTRACTS AT MARKET shortSignal = 1 ENDIF // Condities om short posities te sluiten IF ShortOnMarket AND long THEN EXITSHORT AT MARKET ENDIF //Close positions for end of the day IF (time >= closePositions) and ShortOnMarket THEN EXITSHORT AT MARKET ENDIF timeframe(1 minutes) ONCE noSignal = 1 // reset newSL Long IF longSignal AND noSignal THEN newSL = 0 dynStop = 0 noSignal = 0 ENDIF IF NOT longSignal and NOT noSignal THEN noSignal = 1 ENDIF // reset newSL short IF shortSignal AND noSignal THEN newSL = 0 dynStop = 0 noSignal = 0 ENDIF IF NOT shortSignal and NOT noSignal THEN noSignal = 1 ENDIF IF trailerStepFlag THEN IF LONGONMARKET THEN //next moves IF newSL>0 AND close-newSL>=trailingstart*pipsize THEN newSL = newSL+(trailingstep*pipsize) ENDIF //first move (breakeven) IF newSL=0 AND close-tradeprice(1)>=trailingstep*pipsize THEN newSL = tradeprice(1)+(trailingstep*pipsize) ENDIF ENDIF   //manage short positions IF SHORTONMARKET THEN //next moves IF newSL>0 AND newSL-close>=trailingstart*pipsize THEN newSL = newSL-trailingstep*pipsize ENDIF //first move (breakeven) IF newSL=0 AND tradeprice(1)-close>=trailingstep*pipsize THEN newSL = tradeprice(1)-trailingstep*pipsize ENDIF ENDIF   //stop order to exit the positions IF newSL>0 THEN SELL AT newSL STOP EXITSHORT AT newSL STOP ENDIF ENDIF   // dynamic trailer step IF dynTS THEN ONCE dynStop = 0 IF LONGONMARKET THEN IF dynStop = 0 THEN dynStop = tradeprice(1) - dynTrail ENDIF IF dynStop > close - dynTrail THEN dynStop = close - dynTrail ENDIF ENDIF IF SHORTONMARKET THEN IF dynStop = 0 THEN dynStop = tradeprice(1) + dynTrail ENDIF IF dynStop < close + dynTrail THEN dynStop = close + dynTrail ENDIF ENDIF IF dynStop>0 THEN SELL AT dynStop STOP EXITSHORT AT dynStop STOP ENDIF ENDIF // Stops en targets SET STOP $LOSS stopLoss

  

  marinusvrij

  Participant

  Topics: 1

  Replies: 9

  Been thanked: 0 times
  04/29/2022 at 4:16 PM #192442
  marinusvrij

  Ps.

   

  The Dynamic trailer is set on OFF so that doesnt’work  but is not of use in this code.

  greetings

  Marco

  

  marinusvrij

  Participant

  Topics: 1

  Replies: 9

  Been thanked: 0 times
  04/29/2022 at 5:08 PM #192445
  Nicolas

  Remove lines with “newsl=0”

  and place that code at the top, below TIMEFRAME(1 minutes):

  if not onmarket then newsl=0 endif

  1 2 3

  if not onmarket then newsl=0 endif

   

  1 user thanked author for this post.

  marinusvrij

  

  Nicolas

  Keymaster

  Topics: 81

  Replies: 20863

  Been thanked: 4773 times
  04/29/2022 at 6:27 PM #192447
  marinusvrij

  Hello

   

  Thanks , i went live and i think it works… only the pips in the code are disturbing for me…

  Greetings

  Marco

  

  marinusvrij

  Participant

  Topics: 1

  Replies: 9

  Been thanked: 0 times
  04/29/2022 at 10:48 PM #192452
  marinusvrij

  Hello,

   

  I tried the adjustments and the backtest shows more then 36% upto  45% of neutral trades… very strange ( this is with the same Trailerstep/stop and stoploss  – with the newsl=o code i get 80% of profit trades in my backtest)

  can you explain this?

  kind regards

   

  

  marinusvrij

  Participant

  Topics: 1

  Replies: 9

  Been thanked: 0 times
  05/11/2022 at 10:39 AM #193048
  Nicolas

  Why don’t you just GRAPH the newsl to see how it behaves in the market? You’ll see how and when it is calculated, and how and when orders are closed on that trailing stop price:

  GRAPHONPRICE newsl

  1	GRAPHONPRICE newsl

  Always GRAPH your variables when there is something you don’t understand, otherwise it is very difficult to analyze the results of the algo 🙂

  

  Nicolas

  Keymaster

  Topics: 81

  Replies: 20863

  Been thanked: 4773 times
  05/11/2022 at 11:11 AM #193051
  marinusvrij

  Hello

  I always Graph my result to see if its works

  But in this case the advise you gave – to erase the News=0 lines was not good,

  More then 50% were neutral trades

   

  Kind regards

  Marco

  

  marinusvrij

  Participant

  Topics: 1

  Replies: 9

  Been thanked: 0 times
  05/11/2022 at 11:15 AM #193052
  marinusvrij

  Hello Nicoals

   

  i have solved the problem myself , just a few adjustments on the script.. and it worked..

  butr thanks anyway for the effort.

  Also

  Also this algo works now- (with a few adjustments in the script of the trailerstop and step)–

  The “problem” I have now “but the trailerstep is calculated in TF candle and I want it dynamic with the price action.

  With other words : the step is done after ending the candle ( in wich timeframe it was scripted)

   

  Kind regards

  Marco

   

  Marco

  ps i cannot send email any more to Market@….

  regards

  Marco

  

  marinusvrij

  Participant

  Topics: 1

  Replies: 9

  Been thanked: 0 times
  05/12/2022 at 10:41 AM #193100
  Nicolas

  In order to interact during a candle, you have to use multi timeframe.

  Look at those examples:

  https://www.prorealcode.com/topic/move-sl-during-current-candle/#post-79130 (most stoploss to breakeven during candle).

  https://www.prorealcode.com/topic/ouverture-immediate-position/#post-81939 (trigger an order during candlestick).

  https://www.prorealcode.com/topic/how-to-open-and-close-in-1-bar/#post-146272 (open / close an order during the same bar).

   

  

  Nicolas

  Keymaster

  Topics: 81

  Replies: 20863

  Been thanked: 4773 times
  05/12/2022 at 11:10 AM #193105
  marinusvrij

  Thanks Nicoals,

   

  i will try them all and see what suits best.

   

  With thanks

  Marco

  

  marinusvrij

  Participant

  Topics: 1

  Replies: 9

  Been thanked: 0 times
• Author
  Posts