Has anyone made a script that sets a limit on how many buys or trades can be traded in a daily period?

Steve

Something along the lines of below, for MultiCharts at least:

vars:
nbrtradestoday (0);

if date <> date[1] then begin

nbrtradestoday = 0;

end;

if MarketPosition <> 0 and MarketPosition[1] = 0 then nbrtradestoday += 1;

if nbrtradestoday >= 1 then #return;

Have just typed it, not tested.

Mike

Thanks Mike

Yes its for Multicharts

Hi everyone!

I am developing a system for the E-mini S&P and I am having some troubles limiting the number of trades per day. I have searched in the forum and i have found that there are some functions and reserved words such as entriestoday or entrydate which could be useful to limit the number of trades per day. However, they are limited to 10 positions ago and I would like to set the maximum number of buys to 25 or 30 per day.

Has anyone made a script that sets a limit on how many buys or trades can be traded per day? Anyone could give me some advice on how I could do it?

Thanks in advance.