feng2088

This looks like a good indicator to use,however, I couldn't find it in easylanguage. Can someone please kindly convert it and we can then post it on the Indicator section and share with everyone. Thank you! https://www.mql5.com/en/code/10104

I want to place a limit order when the market hits certain high/low on the current bar, but I don't wanna do it at the close of current bar or the open of next bar. Thanks all!

Hello Does anyone know why I am getting this error message " FPInvalidException: Floating point invalid numbers in calculation" when I put in a number that's greater than 10 yrs for the data range on the Format Symbol window? The strategy works fine for any range that is less than or equal to 10 yrs. I know people usually get that error if their code has a divisor = 0, but my issue doesnt seem like it's caused by this. Thanks

eqsys, TS reads this $0.25 as a tick instead of 25 cents. A tick = $12.5. When I put $0.25 in that box, it would actually reduce my profit by $25 or increase my loss by $25 ($12.5 * 2 = $25 buy and sell) It doesn't matter if I have limit orders. Thats why I said it's not accurate as it should only apply this to market order. In regard to max drawdown, my # is a bit high since my initial investment is only $5000. Max. Drawdown (Trade Close to Trade Close) = -$1,051.66.16 or 21.03% of my initial 5k captial. Max. Drawdown (Intra-day Peak to Valley) = -$2,167.22 or 43.34% of my initial 5k captial. It happened on 11/7/08, however the acct had a 39k total net profit as of that day. I will definitely start with more than 5k real money, so the number will look better than this if I would be getting the same performance. I do respect risk and I use stoploss. Thank you all!

Hello guys, I designed a system using EasyLanguage that solely trades ES, however it makes less than 50 trades a year in average. I don't want to be charged for $100 platform fee and $20 data fee every month by TradeStation. Are there any cheaper brokers out there that support easylanguage. If no, how do your guys manage to pay less fees and commissions? Do you convert your codes to other languages and use a different broker? Also, I tried to make the test result look realistic..so I checked "Fill entire order when trade price exceeds limit price" (1st attachment), however I didn't apply any slippage to the market orders. If I put in $0.25, it will apply a tick of slippage to my limit orders as well which is not what I wanted. Does anyone have the same issue? Thanks

Do you mean to test the strategies by randomly picking a historical time period or using real live data? If yes, then I did. I can tell you that my strategies actually perform better in the past 5 yrs than in the past 10 yrs. I also observed how they traded with the real live data. When you refered to "out of sample" data, did you mean how well it can handle the contingency on crazy days like today ? My system did not generate any trades today. I know it's sad. It would be a nice ride. But since it gapped down "so much" at open, I think it's not worth to take the risk. Yup..some might think I am stupid. P.S.--I backtested them with @ES.D only and I incorporated a stoploss for every of my strategies. Thanks!

Thanks Gabriel . I use at least one limit order for each trade. So I do have at least 1 tick slippage. Also I believe some of my orders may not get filled in real life. My overall profit should be lower than what I posted.

Thanks again. What do you think the 5-year performance of my 3 strategies? You think I can go live yet? I started coding my strategies 4 months ago. I am still relatively new to automated trading. So I really wanted to know how other people do.. Thanks!

I can always put more money in. I am just asking if it's doable.

Thanks UrmaBlume. So you are saying I don't physically need to open 3 accts if I wanna trade 3 strategies. All I need is to clone 2 accts and link them with the real acct? How do I do that? If I only have $6k in my acct, is it still doable? Thanks again

Hello guys, Do you guys know if there is any way I can trade ES with different strategies in one acct? Is that true Tradestation won't let you trade the same vehicle with different strategies? I am talking about automated trading. Thanks

Thank you guys! MightyMouse: I am actually trading counter to the main trend. I back tested the system with 5-yrs historical data. The profit factor was about 2 and percent profitable was about 80%. I observed the chart and most of the time my order did get filled. However I still want to limit the risk. I believe closing the entire position if I don't get filled on all the contracts of my target is the best option for me. Tams: not sure if you are quant trader, but you are smart as hell in coding strategies what is DOM? Tradewinds: I am trading the 5 mins charts with the daily chart. ( counter to the main trend) ..Do I believe in my trades? I do, but I just want to play safely. If I bail after one contract got filled, my other contracts would still make money. Can you guys give me an idea how to code this? Does Tradestation have any reserved words for position size? ContractSize? Thanks! Enjoy your weekend!

Hello all, I always wanted to trade with more than 1 emini contract. My system would buy in with market price and sell to close the position when target price hits. I wouldn't have any problem getting my order filled, but exiting the trade would be hard since I use limit order and have more than 1 contract in the position. How would your guys handle this? lets say if you are trading 3 contracts and the profit target hits. Only 1 contract gets sold and you still have 2 open. The profit target may hit again in next bar or two bars later, but you never know. It may never hit again. How would you close this trade? I am thinking if one contract gets sold and the other two are still pending after 10 mins, I will close the position by selling at market price. I know this is not the best option, but what do you think? How could you code this? Thanks!

NIce indicator. Where can I download it?

I tested it....when a profit traget hit and the sell order didn't get executed within a min..the system wouldn't close the postion for me the next min with this small stoploss..I think it has something to do with this line "If Time_elapsed > 1 "...can we really compare times (currenttime Vs. entrytime) in easylanguage? how does it read this value 1? 1 min ? 1 hour? I tried 0001 but no luck.

doesn't look like it's working....any idea?

I am trading off the 15 min bars and i have a stoploss of $150...let's say if my Buy order is executed at 10:00AM and I want my limit sell order to be executed within 1 min. If the sell order is still open at 10:01AM, the syetem would sell it for a much smaller loss(=> $12.5, but smaller than <$150). This is something I can't test on SIM because my limit sell order always get executed regardless of the volume. But in real life, even my limit sell price gets hit, I might not be able to sell it due to the low volume. Would these codes work? Thank you for your time! Time_elapsed(0), Stoploss(0); Stoploss = 150; Time_elapsed= Time - entrytime; If Time_elapsed > 1 and MarketPosition = 1 then StopLoss = 12.5; Setstopposition; SetStopLoss(StopLoss);

Can someone please show me how to get the intraday profit /Loss of all the positions traded ? I can't find any reserved words for this. Basically I want the system to stop trading for the day if the total intraday loss is greater than certain amount. Thank you.

Hi all, I use the below codes to stop the system from trading for the day if the predefined max loss is hit, but it doesn't seem to be working. I saw the system kept trading even the max loss was hit...any clue? Thanks! If Date <> Date[1] then begin yesterdaynet = Netprofit; end; todaynet = Netprofit - yesterdaynet; If todaynet < neg(DayMaxLoss) and MarketPosition(0) =0 then begin SetExitOnClose; end;

Thanks both. To be safe, I might just change to a 1-min time frame. The theoretical return on other way is not as promising as I got from the 10-tick frame, but it's more realistic. The volume is pretty high on the 1 min chart. I am thinking instead of using a limit order to sell my position, can I set a profit target?? What is a chance of getting a slippage on that? Have you tried?

Stupid question--- do you know if the order would be cancelled if it didn't get filled on that 10-tick bar? I don't want it to be filled 5 bars later

This is extremely helpful...I will test it out with some real money next week and let you know how it goes. Thanks again

wow..Thanks UrmaBlume...I didn't know that. Is that because TS is too slow and they need to re-route my order from their server to exchange? will change my broker help?

Thanks zdo, is that always the case?? big difference between the live result and sim results....

i have been testing it with the old data and the current market ticks..I am able to set the initial capital , commission cost .. etc. Basically I am doing backtesting and forward testing together.