Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

binthere

Stop Trading Counter

Recommended Posts

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

Share this post


Link to post
Share on other sites

Hi,

 

If you are using intraday time based charts, you can use the EasyLanguage reserved word BarInterval to count time in multiples of your chart inverval. You could also simply stop your stragegy for X bars. You can also access the PC clock to get the time that way.

 

There are reserved words for all the variables you mention in your question.

 

Best Regards,

Scott

Share this post


Link to post
Share on other sites

How much experience do you have with EasyLanguage? You can use the PositionProfit function to count the losers and winners then when you reach the count use calctime to time it. Don't forget to re-set the count at the end of the day or session. If you like I can code it up for you (no charge) but if you are experienced then this info should answer your question. Glad to help if you want me to code it.

 

Randall

Share this post


Link to post
Share on other sites

thank's for the response, i'm trying to do this baby steps, first making the strategy stop trading when a specific number of winners or loosers is hit but it seems it's not working

could someone look at the code and help me out to understand what i'm doing wrong?

thanks, binthere

Input:

NumberWinningTrades( 111 ),

NumberLosingTrades ( 111 );

 

Vars:

WinTrades( 0 ),

LosTrades( 0 ),

tradeOn (true);

 

If time = 0 then

Wintrades = NumLosTrades ;

Lostrades = NumWinTrades ;

 

IF ( Wintrades >= NumberWinningTrades) or (LosTrades >= NumberLoosingTrades) then

tradeOn (false)

else

begin

 

//strategy entries

 

//strategy exits

Share this post


Link to post
Share on other sites

Hi,

 

If that is the actual code, you are missing Begin/End after If time = 0 but time isn't ever 0 (it the time at the end of the bar), so your initialization wouldn't ever happen. Use either the Once keyword or a bool variable like needInit and then once you have done your initialization set it equal false.

 

I also assume you are incrementing the winning/losing trade counters somewhere in your code.

Share this post


Link to post
Share on other sites

Randall

well this is the first time i actually code a strategy and have no prior developing experience, i've been strugling to make this hapen if you could help me out coding it would greatly appreciate it!!

every word i've used in the above code has taken me for ever to understand it and try to implement it

cheers!!, binthere

Share this post


Link to post
Share on other sites

There are many ways to do it but I slapped this together and it should do what you want.

Could probably be done a little neater but it does verify.

 

Input: NumberWinningTrades(111), NumberLosingTrades (111), TimeOutMin(15);

 

Vars: TradeOff(FALSE), StopTime(0), StartAgainTime(0), WinTrades(0), LoseTrades(0),

LCount(0), WCount(0);

 

LoseTrades = NumLosTrades;

WinTrades = NumWinTrades;

 

//reset win/lose and TradeOff here on start of new day or firstbar after maxbarsback

//I am resetting it on new day but you can reset with anything, session time, another calctime, etc., etc.

if currentbar = 1 or date <> date[1] then begin

TradeOff = FALSE;

WCount = 0;

LCount = 0;

end;

 

//track win/lose trade count

if LoseTrades > LoseTrades[1] then LCount = LCount +1;

if WinTrades > WinTrades[1] then WCount = WCount +1;

 

//set TradeOff to TRUE and StopTime to time when win/lose trades was exceeded

if (WCount >= NumberWinningTrades) or (LCount >= NumberLosingTrades) then begin

TradeOff = TRUE;

StopTime = time;

end;

 

//calculate time to start again (add TimeOutMin to StopTime)

StartAgainTime = calctime(StopTime, TimeOutMin);

 

//reset TradeOff to FALSE after TimeOutMin to allow trading again on the same day

//reset trade counters to zero also

if TradeOff = TRUE and time > StartAgainTime then begin

TradeOff = FALSE;

WCount = 0;

LCount = 0;

end;

 

//allow entries

if TradeOff = FALSE then begin

 

//strategy entries

 

end;

Share this post


Link to post
Share on other sites

Randall, this is HUGE!!!!

thanks for your help!, i've been strugling for over a week to get to the code i had posted earlier... and to get to the code you did it would have taken me a gazillion years in a very frustrating journey.

i can't thank you enough for your help

cheers,, keep it spinning!

binthere

Share this post


Link to post
Share on other sites

Well, binthere got back to me and said the code would not start trading again after the time out. That's what I get for not testing my code :crap:. Below it is fixed and tested :-). It will reset on a change in date or exceeding the win/loss amount and will not trade for the time out period after that change. There are other ways to reset it, such as session end, session start, a specific time, etc., etc.

 

I have included the code here as a simple system that buys on one bar and exits on the next. I have also included the code (at bottom of system code) I use for de-bugging with the expert commentary. Just set the "Comm" input to true and using the expert commentary you can click anywhere on the chart to see the values at the close of that bar. Many people may also use a print statement for de-bugging but I personally prefer to use the commentary.

 

All of this goes to show something that I learned a long time ago but foolishly failed to implement here- always, always check your code to make sure it is doing what you think. More often than not code looks great and might do what you think part of the time but check, re-check, and re-check again. I hate to imagine how many great ideas have been discarded because they were coded wrong and failed.

 

I apologize for the error. ELD attached, coded in TS 8.6

 

 

Input: NumberWinningTrades(5), NumberLosingTrades (5), TimeOutMin(5), Comm(FALSE);

 

Vars: TradeOff(FALSE), StopTime(0), StartAgainTime(0), WinTrades(0), LoseTrades(0),

LCount(0), WCount(0), MP(0);

 

LoseTrades = NumLosTrades;

WinTrades = NumWinTrades;

MP = marketposition;

 

 

//reset all on date change or first bar

//you could reset here for whatever you choose

if currentbar = 1 or date <> date[1] then begin

StopTime = time;

StartAgainTime = calctime(StopTime, TimeOutMin);

TradeOff = TRUE;

WCount = 0;

LCount = 0;

end;

 

//track win/lose trade count (note reset above and date = date[1])

//will not carry count over after date change- easy to change this

if date = date[1] then begin

if LoseTrades > LoseTrades[1] then LCount = LCount +1;

if WinTrades > WinTrades[1] then WCount = WCount +1;

end;

 

//set TradeOff to TRUE and StopTime to time when win/lose trades was exceeded

if (WCount >= NumberWinningTrades) or (LCount >= NumberLosingTrades) then begin

TradeOff = TRUE;

StopTime = time;

//calculate time to start again (add TimeOutMin to StopTime)

StartAgainTime = calctime(StopTime, TimeOutMin);

WCount = 0;

LCount = 0;

end;

 

//reset TradeOff

if TradeOff = TRUE and time >= StartAgainTime then TradeOff = FALSE;

 

//allow entries

if TradeOff = FALSE then begin

 

if MP = 0 then buy next bar at market;

 

end;

 

if MP = +1 then sell next bar at market;

 

 

//beging expert commentary code used for debugging

if Comm then begin

 

Vars: Str0(""),

Str1(""),

Str2(""),

Str3(""),

Str4(""),

String1("");

 

#BeginCmtryOrAlert

if CommentaryEnabled and AtCommentaryBar then begin

 

if TradeOff = TRUE then Str0 = "TRUE" else

Str0 = "FALSE";

 

String1 =

newline +

newline + " TimedTrades_Sys " +

newline +

newline + " Date = " + NumToStr(Date, 0) +

newline + " Time = " + NumToStr(Time, 0) +

newline + " Open = " + NumToStr(Open, 4) +

newline + " Close = " + NumToStr(Close, 4) +

newline + " High = " + NumToStr(High, 4) +

newline + " Low = " + NumToStr(Low, 4) +

newline +

newline + " MP = " + NumToStr(MP, 0) +

newline + " TradeOff = " + Str0 +

newline + " StopTime = " + NumToStr(StopTime, 0) +

newline + " StartAgainTime = " + NumToStr(StartAgainTime, 0) +

newline + " LoseTrades = " + NumToStr(LoseTrades, 2) +

newline + " WinTrades = " + NumToStr(WinTrades, 2) +

newline + " WCount = " + NumToStr(WCount, 2) +

newline + " LCount = " + NumToStr(LCount, 2) +

newline +

newline;

Commentary(String1);

end;

#end;

end;// comm end

TIMEDTRADES.ELD

Share this post


Link to post
Share on other sites

You are very welcome. I received a lot of help from a lot of people over the years and very honestly continue to receive help. This is one of the toughest professions in the world and at very least it could become just a little easier if we help one another. Feel free to ask anytime.

 

Regards, Randall

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • Back in the early 2000s, Netflix mailed DVDs to subscribers.   It wasn’t sexy—but it was smart. No late fees. No driving to Blockbuster.   People subscribed because they were lazy. Investors bought the stock because they realized everyone else is lazy too.   Those who saw the future in that red envelope? They could’ve caught a 10,000%+ move.   Another story…   Back in the mid-2000s, Amazon launched Prime.   It wasn’t flashy—but it was fast.   Free two-day shipping. No minimums. No hassle.   People subscribed because they were impatient. Investors bought the stock because they realized everyone hates waiting.   Those who saw the future in that speedy little yellow button? They could’ve caught another 10,000%+ move.   Finally…   Back in 2011, Bitcoin was trading under $10.   It wasn’t regulated—but it worked.   No bank. No middleman. Just wallet to wallet.   People used it to send money. Investors bought it because they saw the potential.   Those who saw something glimmering in that strange orange coin? They could’ve caught a 100,000%+ move.   The people who made those calls weren’t fortune tellers. They just noticed something simple before others did.   A better way. A quiet shift. A small edge. An asymmetric bet.   The red envelope fixed late fees. The yellow button fixed waiting. The orange coin gave billions a choice.   Of course, these types of gains are rare. And they happen only once in a blue moon. That’s exactly why it’s important to notice when the conditions start to look familiar.   Not after the move. Not once it's on CNBC. But in the quiet build-up— before the surface breaks.   Enter the Blue Button Please read more here: https://altucherconfidential.com/posts/netflix-amazon-bitcoin-blue  Profits from free accurate cryptos signals: https://www.predictmag.com/ 
    • What These Attacks Look Like There are several ways you could get hacked. And the threats compound by the day.   Here’s a quick rundown:   Phishing: Fake emails from your “bank.” Click the link, give your password—game over.   Ransomware: Malware that locks your files and demands crypto. Pay up, or it’s gone.   DDoS: Overwhelm a website with traffic until it crashes. Like 10,000 bots blocking the door. Often used by nations.   Man-in-the-Middle: Hackers intercept your messages on public WiFi and read or change them.   Social Engineering: Hackers pose as IT or drop infected USB drives labeled “Payroll.”   You don’t need to be “important” to be a target.   You just need to be online.   What You Can Do (Without Buying a Bunker) You don’t have to be tech-savvy.   You just need to stop being low-hanging fruit.   Here’s how:   Use a YubiKey (physical passkey device) or Authenticator app – Ditch text message 2FA. SIM swaps are real. Hackers often have people on the inside at telecom companies.   Use a password manager (with Yubikey) – One unique password per account. Stop using your dog’s name.   Update your devices – Those annoying updates patch real security holes. Use them.   Back up your files – If ransomware hits, you don’t want your important documents held hostage.   Avoid public WiFi for sensitive stuff – Or use a VPN.   Think before you click – Emails that feel “urgent” are often fake. Go to the websites manually for confirmation.   Consider Starlink in case the internet goes down – I think it’s time for me to make the leap. Don’t Panic. Prepare. (Then Invest.)   I spent an hour in that basement bar reading about cyberattacks—and watching real-world systems fall apart like dominos.   The internet going down used to be an inconvenience. Now, it’s a warning.   Cyberwar isn’t coming. It’s here.   And the next time your internet goes out, it might not just be your router.   Don’t panic. Prepare.   And maybe keep a backup plan in your back pocket. Like a local basement bar with good bourbon—and working WiFi.   As usual, we’re on the lookout for more opportunities in cybersecurity. Stay tuned.   Author: Chris Campbell (AltucherConfidential) Profits from free accurate cryptos signals: https://www.predictmag.com/   
    • DUMBSHELL:  re the automation of corruption ---  200,000 "Science Papers" in academic journal database PubMed may have been AI-generated with errors, hallucinations and false sourcing 
    • Does any crypto exchanges get banned in your country? How's about other as Bybit, Kraken, MEXC, OKX?
    • Does any crypto exchanges get banned in your country? How's about other as Bybit, Kraken, MEXC, OKX?
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.