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Help! My program will not stop trading for the day even thou I set a maximum loss


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Help! My program will not stop trading for the day even thou I set a maximum loss

  #1 (permalink)
honoluluhustler
Honolulu + Hawaii / USA
 
Posts: 18 since Jul 2014
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Help! My program will not stop trading for the DAY even thou I set a maximum loss limit for the day.
What is wrong with my code?
Thanks

if Date <> Date [1] then
begin
PrevNetProfit = NetProfit;
StopTrading = false;
end;

if NetProfit >= PrevNetProfit + 100 then StopTrading = true;

if Date <> Date [1] then
begin
PrevNetLoss = GrossLoss;
StopTrading = false;
end;

if GrossLoss >= PrevNetLoss + 65 then StopTrading = true;

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  #3 (permalink)
 ABCTG   is a Vendor
 
Posts: 2,433 since Apr 2013
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honoluluhustler,

when posting code, please wrap the code tags around it, it makes reading things a lot easier.
GrossLoss returns a negative number, so the condition
 
Code
if GrossLoss >= PrevNetLoss + 65 then StopTrading = true;
can never become true.

Regards,
ABCTG

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  #4 (permalink)
 Keystone 
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Experience: Advanced
Platform: Tradestation
Trading: Emini ES, Emini YM
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You may want to try this:

value1 = Gettodaysrttradeequity(getaccountid);

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Last Updated on July 27, 2014


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