hi guys,
using tradestation 8.8
I'm looking for a way to have my strategy stop trading for "x" amount of minutes after
"y" number of winning trades or
"z" number of loosing trades
thanks for your help!!
binthere

 

Code

input: nWinTrades(5), nLosingTrades(10), nMinutes(10); var: mp(0), wt(0), lt(0), reftime(0), trade_allowed(false); mp = marketposition; if positionProfit(1) > 0 then wt += 1; if positionProfit(1) < 0 then lt += 1; if mp <> mp[1] and (wt >= nWinTrades or lt >= nLosingTrades) then begin lt = 0; wt = 0; reftime = time; trade_allowed = false; end; if time - reftime >= nMinutes then trade_allowed = true; if trade_allowed then … <your signal code goes here> … end;

This stops trading for 10 minutes when number of winning trades is equal or greater than 5 or number of losing trades is equal or greater than 10.

Hope this helps.