TradeMonster

EasyTrader_I, Thanks! I have a long background in programming, and EL is new to me - thanks for your help! If people want to have their equity curves based on bar closings, use the code in the original post. For those that like using the high/low of bars as a pseudo measure of "efficiency" of a trading day, please use the code below. TradeMonster Input: NumDayColors(1), DayPositiveColor(Cyan), DayNegativeColor(DarkCyan), NumOpenColors(2), OpenPositiveColor(Green), OpenNegativeColor(Red), ClosedProfitColor(Blue), MaxPossibleProfitColor(Yellow), MaxPossibleLossColor(DarkMagenta), ZeroLineColor(DarkGray); Variables: OpenProfit(0), DayProfit(0), PLB4Today(0), MaxPossibleProfit(0), MaxPossibleLoss(0), OpenEq(0), MP(0), AvgEntry(0), ClosedProfit(0); // == PROGRAM STARTS HERE ==================================================================== If date <> date[2] Then begin PLB4Today = OpenProfit[1]; MaxPossibleProfit = 0; MaxPossibleLoss = 0; end; OpenProfit = I_OpenEquity; OpenEq = I_OpenEquity - I_ClosedEquity; MP = I_MarketPosition; AvgEntry = I_AvgEntryPrice; ClosedProfit = I_ClosedEquity - PLB4Today; DayProfit = OpenProfit - PLB4Today; If (NumDayColors = 1) or (DayProfit > 0) Then SetPlotColor(2, DayPositiveColor) Else SetPlotColor(2, DayNegativeColor); If (NumOpenColors = 1) or (OpenEq > 0) Then SetPlotColor(3, OpenPositiveColor) Else SetPlotColor(3, OpenNegativeColor); If MP = 1 then Begin If MaxPossibleLoss > (ClosedProfit - ((AvgEntry-Low)*BigPointValue)) then MaxPossibleLoss = (ClosedProfit - ((AvgEntry-Low)*BigPointValue)); If MaxPossibleProfit < (ClosedProfit + ((High-AvgEntry)*BigPointValue)) then MaxPossibleProfit = (ClosedProfit + ((High-AvgEntry)*BigPointValue)); End; If MP = -1 then Begin If MaxPossibleLoss > (ClosedProfit - ((High-AvgEntry)*BigPointValue)) then MaxPossibleLoss = (ClosedProfit - ((High-AvgEntry)*BigPointValue)); If MaxPossibleProfit < (ClosedProfit + ((AvgEntry-Low)*BigPointValue)) then MaxPossibleProfit = (ClosedProfit + ((AvgEntry-Low)*BigPointValue)); End; If MP = 0 then Begin If MaxPossibleLoss > ClosedProfit then MaxPossibleLoss = ClosedProfit; If MaxPossibleProfit < ClosedProfit then MaxPossibleProfit = ClosedProfit; End; Plot1(0,"Zero Line",ZeroLineColor); Plot2(DayProfit,"Daily P&L"); Plot3(OpenEq,"Open P&L"); Plot4(MaxPossibleProfit, "Max Profit", MaxPossibleProfitColor); Plot5(MaxPossibleLoss, "Max Loss", MaxPossibleLossColor); Plot6(ClosedProfit,"Closed", ClosedProfitColor);

Is there a way for a TS indicator to know if a strategy position is long/short? I am trying to create a "max possible gain" and "max possible loss" line as an indicator below a strategy chart. Starting with the basic code from emini-edges, I have the below which works reasonably well based on closing prices of bars. I would like to have the "max..." lines actually depict the true "max profit" for the High/Low of bars for Long/Short positions. Since indicators can't use EntryPrice and strategies can't use Plotx, how can I either know if the position is long or short, or how can I properly position these "max" lines to show high/low of bars with knowledge of being long/short? :crap: Thanks, TM Input: DayPositiveColor(Cyan),DayNegativeColor(DarkCyan),OpenPositiveColor(Green),OpenNegativeColor(Red),MaxPossibleProfitColor(Yellow),MaxPossibleLossColor(DarkMagenta),ZeroLineColor(DarkGray); Variables: OpenProfit(0),DayProfit(0),PLB4Today(0),MaxPossibleProfit(0),MaxPossibleLoss(0),OpenEq(0); OpenProfit = I_OpenEquity; OpenEq = I_OpenEquity - I_ClosedEquity; If date <> date[2] Then begin PLB4Today = OpenProfit[1]; MaxPossibleProfit = 0; MaxPossibleLoss = 0; end; DayProfit = OpenProfit - PLB4Today; If (DayProfit > 0) Then SetPlotColor(2, DayPositiveColor) Else SetPlotColor( 2, DayNegativeColor ); If (OpenEq > 0) Then SetPlotColor(3, OpenPositiveColor) Else SetPlotColor(3, OpenNegativeColor); // Check for all conditions of max profit potential of the day - Long trades If MaxPossibleProfit < DayProfit then MaxPossibleProfit = DayProfit{ + ((High-Close)*BigPointValue)}; If MaxPossibleProfit < OpenEq then MaxPossibleProfit = OpenEq{ + ((High-Close)*BigPointValue)}; // Check for all conditions of max loss potential of the day - Long trades If MaxPossibleLoss > OpenEq then MaxPossibleLoss = OpenEq{ - ((Close-Low)*BigPointValue)}; If MaxPossibleLoss > DayProfit then MaxPossibleLoss = DayProfit{ - ((Close-Low)*BigPointValue)}; //Short trades? (How can an indicator know if long/short?) Plot1(0,"Zero Line",ZeroLineColor); Plot2(DayProfit,"Daily P&L"); Plot3(OpenEq,"Open P&L"); Plot4(MaxPossibleProfit, "Max Profit", MaxPossibleProfitColor); Plot5(MaxPossibleLoss, "Max Loss", MaxPossibleLossColor);