Code: Select all
if marketposition>0 then begin
if high>var1 then sell ("sell") next bar at var1 stop;
setstoploss(10*10);
end;
Please detail the "problem" you are encountering.Hey guys,
I'm new to MC and hv just encountered some problem in scripting,
please help.
let say if my buy signal triggered and currently holding 1 long contract,
if i want to exit:
1. when high of current bar crossing var1, or
2. when low hits stoploss,
how should I modify above code?Code: Select all
if marketposition>0 then begin
if high>var1 then sell ("sell") next bar at var1 stop;
setstoploss(10*10);
end;
please advise.
Thanks
If you want to exit instantly when the described condition is met, you should be using IOG + 1 tick BM to achive this goal witht he following code:let say if my buy signal triggered and currently holding 1 long contract,
if i want to exit:
1. when high of current bar crossing var1, or
Code: Select all
[IntrabarOrderGeneration=true]
Vars: var1(0);
if marketposition > 0 then begin
If var1 crosses above high then sell ("sell") next bar market;
end;
The condition is not clear. If you mean "when stop loss level is hit", then your initial SetStopLoss variant is ok.2. when low hits stoploss,
Yes, correct.Just wonder, if i turn on IOG and use code "sell next bar at market",
then the sell order will be executed at next tick in live trading?...
On nearest Open/High/Low/Close, if Bar Magnifier is not used(see the Calculation on historical data. IOG enabled. Bar Magnifier disabled), depends on when it was generated....and the sell order will be executed at next open in back-test?
Auto trading/forwardtesting/backtesting?secondly,
If i want to set a stop loss order(placing a market order to flat all existing position) once the price went down X pts below my entry point, how should I write the script?
Code: Select all
if low <= var1 then buy next bar at var1 limit;
if
Code: Select all
if marketposition>0 and high cross above var2 then sell all contract next bar at var2 market;
Code: Select all
if marketposition>0 then sell next bar at entryprice-50 stop;
Dear HHHenry, the code will be working the way you write it. Unfortunately we don't provide custom scripting and debugging for free. The script above may work slightly different from your description. You will see it, if you check when your conditions are met and trace chart prices and compare to orders prices.Could you please take a look of my script and point out any wrong scripting?
Here I just post long side only:
i will be using 1min chart to do live trading,
so i expect to buy 1 contract per minute (at the price of var1) as long as low<=var1.then i want to close out ALL the existing position at market when high hits var2Code: Select all
if low <= var1 then buy next bar at var1 limit;
ifor the long position will exit at entryprice-50Code: Select all
if marketposition>0 and high cross above var2 then sell all contract next bar at var2 market;Code: Select all
if marketposition>0 then sell next bar at entryprice-50 stop;
The PosTradeEntryPrice should be helpful.btw could you please tell me how to clarify each entryprice as I wish to exit 50 pts below each entryprice for the corresponding contract.
Print or FileAppend. This article contains a good example.One last question:
what commend should I use to generate log of recording the movement/calculation of the signal?