visual indicator on price (with array ?)

• 11/21/2021 at 9:11 AM #181980
  philae38

  Hi,

  Does someone may help me to improve my indicator ?

  I developed a simple visual indicator on price that is working fine (for my personal use) : see attached picture and code.

  Basically, it’s just to visualize a winning or losing position : In when a buying condition is fulfilled and exiting position if Stop Loss (red rectangle) or TakeProfit (green rectangle) are achieved.

  I would like now to upgrade this visual indicator to allow multiple entry points. : i.e. being able to ‘open’ a new position even if the previous one is not closed (and then exiting to the corresponding exit points on SL or TP).

  I guess, it is necessary to use variable arrays but I cannot code it. Especially, I do know how to affect to the value of current bar array the value of the previous bar array : I tested $test[i] = $test[i][1] but it doesn’t work.

  Thank for your replies.

  P.S. : I’ve read previous posts on arrays but did not find a clue to help me.

  Simple visual indicator on price

  // version test qui permet d'entrer une fois sur la valeur lorsque la condition d'achat est remplie // Indicateurs utilisés ATR = averagetruerange(20) sma7 = average[7](close) sma20 = average[20](close) sma50 = average[50](close) //Constantes signal = 0 stoploss=0 // obligé de le mettre à 0 sinon il existe toujours sur les cours takeprofit = 0 // obligé de le mettre à 0 vente=0 // 0 ou 1 : pour definir si on vend ou pas jourachat=0 ///////////////////////////////////////////////////////////// // définition des conditions d'achats condIN = sma7[1] < sma20[1] and sma7 > sma20 and close > sma50 //condOUT = close < sma50 // Test pour prévenir déclenchement le lendemain if longmarket = 0 then //or vente = 1 then if condIN then stoploss = close - 3*Averagetruerange[20](close) takeprofit = close + 2*(close - stoploss) signal = close ca = signal longmarket = 1 dateachat = barindex else signal = 0 longmarket = 0 endif endif if longmarket[1]= 1 then longmarket =1 stoploss = stoploss[1] takeprofit = takeprofit[1] endif // Si on est dans le marché, vérifie les conditions pour en sortir ou pas if longmarket = 1 then if Low < stoploss then vente = 1 signal = stoploss endif if high > takeprofit then vente = 1 signal = takeprofit endif // Si les conditions de sortie sont remplies, on détermine le cours de sortie if vente = 1 then longmarket =0 datevente = barindex if signal >= ca then //on sort du trade avec un gain drawrectangle(dateachat, ca, datevente, signal) coloured(0,255,0,50) bordercolor(0,255,0) else //on sort du trade avec une perte drawrectangle(dateachat, ca, datevente, signal) coloured(255,0,0,50) bordercolor(255,0,0) endif endif endif return signal, stoploss, takeprofit

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  // version test qui permet d'entrer une fois sur la valeur lorsque la condition d'achat est remplie   // Indicateurs utilisés ATR = averagetruerange(20) sma7  = average[7](close) sma20 = average[20](close) sma50 = average[50](close)   //Constantes signal = 0 stoploss=0 // obligé de le mettre à 0 sinon il existe toujours sur les cours takeprofit = 0 // obligé de le mettre à 0 vente=0 // 0 ou 1 : pour definir si on vend ou pas jourachat=0 /////////////////////////////////////////////////////////////   // définition des conditions d'achats condIN = sma7[1] < sma20[1] and sma7 > sma20 and close > sma50 //condOUT = close < sma50   // Test pour prévenir déclenchement le lendemain if longmarket = 0 then //or vente = 1 then if condIN then stoploss = close - 3*Averagetruerange[20](close) takeprofit = close + 2*(close - stoploss) signal = close ca = signal longmarket = 1 dateachat = barindex else signal = 0 longmarket = 0 endif endif   if longmarket[1]= 1 then longmarket =1 stoploss = stoploss[1] takeprofit = takeprofit[1] endif   // Si on est dans le marché, vérifie les conditions pour en sortir ou pas if longmarket = 1 then if Low < stoploss then vente = 1 signal = stoploss endif if high > takeprofit then vente = 1 signal = takeprofit endif   // Si les conditions de sortie sont remplies, on détermine le cours de sortie if vente = 1 then longmarket =0 datevente = barindex if signal >= ca then  //on sort du trade avec un gain drawrectangle(dateachat, ca, datevente, signal) coloured(0,255,0,50) bordercolor(0,255,0) else //on sort du trade avec une perte drawrectangle(dateachat, ca, datevente, signal) coloured(255,0,0,50) bordercolor(255,0,0) endif endif endif     return signal, stoploss, takeprofit

   

   

  

  philae38

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  11/23/2021 at 4:15 PM #182122
  robertogozzi

  If I got what you mean, you would like to ADD (accumulate) another position whn already On Market if condIN is true again, right?

  But do you want to keep the same target and the same stop loss already set for the previous position?

   

   

  

  robertogozzi

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  11/23/2021 at 9:35 PM #182164
  philae38

  Hi robertogozzi,

  Yes I want to ADD (accumulate) another position when already On Market if condIN is true again.

  But for the new position, I want to have a new SL and TP defined with the new entry condition.

  

  philae38

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