Hi

i am using the following code to get only one trade a day but the simulation show few trades a day
what am i doing wrong ?

thanks

variables:
tradesCounter(0);

[IntraBarOrderGeneration = TRUE]
If Date <> Date[1] then begin
tradesCounter = 0;
end;

If (marketposition (0) = 0) and (tradesCounter < 1)then begin
Buy ("BUY-LONG") next bar at market;
end;
If marketposition (0) <> 0 then begin
Sell ("STOPLOSS") next bar at EntryPrice - 0.5;
end;
If ( Marketposition(0) <> 0 ) and (Marketposition(1) <> Marketposition(0) ) then tradesCounter = tradesCounter+ 1;
Setexitonclose;

nimrodc,

welcome to NexusFi. I would suggest to use the Print reserved to check the value that tradesCounter has throughout your code. This will help you in tracking the problem down.
I would also suggest checking (again the print reserved word can be helpful) when your conditional statement "If ( Marketposition(0) <> 0 ) and (Marketposition(1) <> Marketposition(0) )" is true.

Regards,

ABCTG

Or, put the counter inside the loop that gets you into the first trade.

 

Code

variables: tradesCounter(0); [IntraBarOrderGeneration = TRUE] If Date <> Date[1] then tradesCounter = 0; If (marketposition = 0 and tradesCounter = 0) then begin Buy ("BUY-LONG") next bar at market; tradesCounter = 1 end; If marketposition = 1 then Sell ("STOPLOSS") next bar at EntryPrice - 0.5 Stop;

Or use EntriesToday reserved word.

thanks all for the replies
i tried this option but still get multiple entries per day in the simulation

does any one have similar code that is tested/works for him

thanks

nimrodc,

the code @SMCJB posted should not take more than one trade per date.

Regards,

ABCTG

ABCTG 

nimrodc, the code @SMCJB posted should not take more than one trade per date. Regards, ABCTG

thanks
i tried it but it didnt work for me...
when debugging the code i saw that

If Date <> Date[1] then tradesCounter = 0;

tradesCounter is set back to 0 although the date didnt change
meaning a new date => tradesCounter is set to 0 then the Buy kicks in but then on next round although we still on same date tradesCounter is set to 0 again

anyone understands why ?

nimrodc,

I am not sure I follow you. The condition "Date <> Date[1]" is only true for two bars that have a different date.

As the code @SMCJB posted is using Intrabar Ordergeneration the tradeCounter variable should be declared as intrabarpersist. Otherwise it won't hold its value between the ticks.

Regards,

ABCTG

ABCTG 

nimrodc, I am not sure I follow you. The condition "Date <> Date[1]" is only true for two bars that have a different date. As the code @SMCJB posted is using Intrabar Ordergeneration the tradeCounter variable should be declared as intrabarpersist. Otherwise it won't hold its value between the ticks. Regards, ABCTG

the code for declaration was

variables: tradesCounter(0);

anything i am missing or need to add to this so it will be intrabarpersist ?

nimrodc,

yes, by default the variable will not be intrabarpersist. This has to be added specifically for each variable.
You can read more about it here: https://community.tradestation.com/wiki/display/EasyLanguage/IntrabarPersist

Regards,

ABCTG

nimrodc 

the code for declaration was variables: tradesCounter(0); anything i am missing or need to add to this so it will be intrabarpersist ?