unable to get atr of data2  [SOLVED]

Hello !
I have a 1 min chart of FB as data1 and a daily chart of FB as data2.
Something is wrong with this code since it is not returning the ATR of data2 :I m being stopped a few cents below my buy while the ATR is 2,2. Not sure what s wrong. Thanks for the help in advance !

Hello !
I have a 1 min chart of FB as data1 and a daily chart of FB as data2.
Something is wrong with this code since it is not returning the ATR of data2 :I m being stopped a few cents below my buy while the ATR is 2,2. Not sure what s wrong. Thanks for the help in advance !

Code: Select all

var:
atr(0,data2);
atr=average(truerange, 14) of data2; // value ATR


if C>C[4] then buy 100 shares next bar at market;
setstoploss(atr);

Hello,
::
I have another question and is what does Portfolio_CurrentEntries measures?
::

Before you go any further,
please get yourself acquainted with the Wiki.


Go to the "Support" tab at the top of this page,
click on the Wiki,
go to #8 PowerLanguage Keyword Reference

look under [+] Strategy Orders‎ (28)
You have everything you need there.

Study the definition and usage examples of the keyword:

SetStopLoss

Hello !
I have a 1 min chart of FB as data1 and a daily chart of FB as data2.
Something is wrong with this code since it is not returning the ATR of data2 :I m being stopped a few cents below my buy while the ATR is 2,2. Not sure what s wrong. Thanks for the help in advance !

Code: Select all

var:
atr(0,data2);
atr=average(truerange, 14) of data2; // value ATR


if C>C[4] then buy 100 shares next bar at market;
setstoploss(atr);

Hello,
::
I have another question and is what does Portfolio_CurrentEntries measures?
::

Before you go any further,
please get yourself acquainted with the Wiki.


Go to the "Support" tab at the top of this page,
click on the Wiki,
go to #8 PowerLanguage Keyword Reference

look under [+] Strategy Orders‎ (28)
You have everything you need there.

Study the definition and usage examples of the keyword:

SetStopLoss

Thank U but I still do not get it. The code compile correctly and the output gives a correct answer for the ATR. I don t get why the stop ends up a few cents away from my buys instead of the value of the ATR.

::
Study the definition and usage examples of the keyword:

SetStopLoss

Thank U but I still do not get it. The code compile correctly and the output gives a correct answer for the ATR. I don t get why the stop ends up a few cents away from my buys instead of the value of the ATR.

Study again the definition and usage examples of SetStopLoss.

What should be inside the bracket?

::
Study the definition and usage examples of the keyword:

SetStopLoss

Thank U but I still do not get it. The code compile correctly and the output gives a correct answer for the ATR. I don t get why the stop ends up a few cents away from my buys instead of the value of the ATR.

Study again the definition and usage examples of SetStopLoss.

What should be inside the bracket?

I do know that the basic definition shows numbers ( ex: setstoploss(60) ) however I found many codes with variables instead of numbers.

I do know that the basic definition shows numbers ( ex: setstoploss(60) ) however I found many codes with variables instead of numbers.

SetStopLoss
Closes out the entire position or the entry if the loss reaches the specified currency value;

eg.

$500
$1000


Without the "$" of course

The value can be a variable; what is the dollar amount you want?

I do know that the basic definition shows numbers ( ex: setstoploss(60) ) however I found many codes with variables instead of numbers.

SetStopLoss
Closes out the entire position or the entry if the loss reaches the specified currency value;

eg.

$500
$1000


Without the "$" of course

The value can be a variable; what is the dollar amount you want?

Got it thank U. I coded a line so that the stop will be based on the ATR and give the max loss in $