Hi all

These are my first try, with Easy Language.
My platform is Multicharts.

I fail, at a simple strategy.
I would like to send a stop and two targets for the broker,
if the first target is reached, will be break-even

Please take a look at the code.

many thanks.

 

Code

//test [IntrabarOrderGeneration=true] Inputs: Length(10), //Averange contractsize (2), //number of contracts target_0 ( 4 ), //target_0 value target_1 ( 8 ), //target_1 value breakeven ( 4 ), //Breakeven stoploss ( 11 ); //inital stoploss variables: oneTick ( 0 ), RB (0), AvgRB ( 0 ); oneTick = MinMove / PriceScale; // calculate value of 1 tick. RB = Close - Open; AvgRB = Average(RB, Length); condition1 = AvgRB crosses over 0; condition2 = AvgRB crosses under 0; if MarketPosition = 0 then begin if (condition1) then Buy contractsize Contracts next Bar At Close Limit; if (condition2) then SellShort contractsize Contracts next Bar At Close Limit; end; SetStopContract; SetStopLoss((stoploss * oneTick) * BigPointValue); //Stop set Setbreakeven(breakeven); //breakeven SetExitOnClose; if time > 1530 and MarketPosition = 1 then Sell All Contracts This Bar At Close; if time > 1530 and MarketPosition = -1 then Buytocover All Contracts This Bar At Close; //Long Target if MarketPosition = 1 then begin Sell 1 Contract next bar At EntryPrice(0) + ((target_0) * oneTick) Limit; Sell 1 Contract next Bar At EntryPrice(0) + ((target_0+target_1) * oneTick) Limit; end; //Short Target if MarketPosition = -1 then begin Buytocover 1 Contract next Bar At EntryPrice(0) - ((target_0) * oneTick) Limit; Buytocover 1 Contract Next Bar At EntryPrice(0) - ((target_0+target_1) * oneTick) Limit; end;

i am shure someone of the MC-guys takes a look at !

Please look this over and test it to see if this is what you were trying to do:

 

Code

//test [IntrabarOrderGeneration=true] Inputs: Length(10), //Averange numContracts (2), //number of contracts target_0 ( 4 ), //target_0 value in ticks target_1 ( 8 ), //target_1 value in ticks breakeven ( 4 ), //Breakeven in ticks stoploss ( 11 ); //inital stoploss in ticks variables: OneTickValue$(iff(GetExchangeName="FOREX", MinMove/PriceScale*BigPointValue*100000, MinMove/PriceScale*BigPointValue)), OneTickValue(iff(GetExchangeName="FOREX", MinMove/PriceScale*100000, MinMove/PriceScale)), intrabarpersist AvgRB( 0 ); Once SetStopContract; // Enable stop loss per ontract SetExitOnClose; // Close postion at end of session AvgRB = Average( C-O, Length ); condition1 = AvgRB crosses over 0; condition2 = AvgRB crosses under 0; if ( MarketPosition = 0 ) then begin if (condition1) then Buy numContracts Contracts next Bar at Close Limit; if (condition2) then SellShort numContracts Contracts next Bar At Close Limit; end else begin SetStopLoss( stoploss * OneTickValue$ ); //Stop loss in dollars Setbreakeven( breakeven * OneTickValue$ ); //breakeven if time > 1530 and MarketPosition = 1 then Sell All Contracts This Bar At Close; if time > 1530 and MarketPosition = -1 then Buytocover All Contracts This Bar At Close; //Long Target if ( MarketPosition = 1 ) then begin if ( CurrentContracts = numContracts ) then begin Sell("L1") 1 Contract next bar At EntryPrice + (target_0*OneTickValue) Limit; Sell("L2") 1 Contract next Bar At EntryPrice + (target_1*OneTickValue) Limit; end else Sell ("L2 ") 1 Contract next Bar At EntryPrice + (target_1*OneTickValue) Limit; end; //Short Target if ( MarketPosition = -1 ) then begin if ( CurrentContracts = numContracts ) then begin Buytocover("S1") 1 Contract next Bar At EntryPrice - (target_0*OneTickValue) Limit; Buytocover("S2") 1 Contract Next Bar At EntryPrice - (target_1*OneTickValue) Limit; end else Buytocover("S2 ") 1 Contract Next Bar At EntryPrice - (target_1*OneTickValue) Limit; end; end;

@Jeff65

Many thanks for your help.
I have it tested today.
It works as it should.


thanks all