Přejít k obsahu | Přejít k hlavnímu menu | Přejít k vyhledávání

Problem with Open P/L converted to real pips

0 replies

9 years ago #113099

I have written a simple program for the renko chart, where I’d like the exit of a trade to be on the appearance of an opposite direction candle, if it’s up to 5 bars since the order open price, or if there are 6 bars or more in profit, to close the trade when a candle closes below the 7 EMA.

I have written it attached here, but It’s trying to open buy and close trades and closes them right away before the price moves…

Please can you assist me Mark, kindly appreciated.

File: RenkoPivotTraderV5.0-Stop&Rev-eachBar-AdvancedExit.sqw

Risk Disclosure:
Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Hypothetical Performance Disclosure:
Hypothetical performance results have many inherent limitations, some of which are described below. no representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.

Testimonial Disclosure:
Testimonials appearing on www.strategyquant.com may not be representative of the experience of other clients or customers and is not a guarantee of future performance or success.

Problem with Open P/L converted to real pips

Products

Resources

Company

Follow us