EasyLanguage Help Needed

[LiukK 10]

Hi all guys

 

I started studying EasyLanguage not long ago and I'm still a newbie.

 

I need a little help about a part of code of the TS I'm developing.

 

I want the TS to open a position at the "ConditionLong" signal, and, once the first position have been opened, I want it to open other positions of the same size and in the same direction every "X" points.

 

I tried to code it but the TS only opens the first position but not the others...

here is the code:

 

If marketposition = 0 and ConditionLong Then Buy next bar At High + 1 point stop;
If marketposition > 0 then buy next bar at entryprice + X points stop;

 

Thank you in advance for your help

[Tradewinds 12]

Hi all guys

 

I started studying EasyLanguage not long ago and I'm still a newbie.

 

I need a little help about a part of code of the TS I'm developing.

 

I want the TS to open a position at the "ConditionLong" signal, and, once the first position have been opened, I want it to open other positions of the same size and in the same direction every "X" points.

 

I tried to code it but the TS only opens the first position but not the others...

here is the code:

 

If marketposition = 0 and ConditionLong Then Buy next bar At High + 1 point stop;
If marketposition > 0 then buy next bar at entryprice + X points stop;

 

Thank you in advance for your help

 

Maybe if you tried something like this:

 

If marketposition = 0 and ConditionLong Then Buy next bar At High + 1 point stop;
If marketposition > 0 and Close >= entryprice + X then buy next bar at High points stop;

[LiukK 10]

Maybe if you tried something like this:

 

If marketposition = 0 and ConditionLong Then Buy next bar At High + 1 point stop;
If marketposition > 0 and Close >= entryprice + X then buy next bar at High points stop;

 

Hi Tradewinds and thank you for the answer!

 

however unfortunately it doesn't work because it opens just one position...

 

I try to explain pratically what I need:

 

once the first position is entered, say at 100, I want to pyramide it and buy other position every 20 points... so 100, 120, 140, 160...and so on...till the condition to close is met.

[UrmaBlume 10]

Market Position will only return 1, 0, or -1

 

CurrentShares will return how many you are long or short.

 

MarketPosition * CurrentShares will return true position with a + or - sign.

[LiukK 10]

Market Position will only return 1, 0, or -1

 

CurrentShares will return how many you are long or short.

 

MarketPosition * CurrentShares will return true position with a + or - sign.

 

Hi UrmaBlume and thank you for this detail!

 

However even changing the code I posted before this way:

If marketposition * CurrentShares = 0 and ConditionLong Then Buy next bar At High + 1 point stop;
If marketposition * CurrentShares > 0 and Close >= entryprice + X then buy next bar at High points stop;

the problem still persist.

 

I think I'd need something like a "lastentryprice" word in order to accomplish the code...

 

something like:

If marketposition = 0 and ConditionLong Then Buy next bar At High + 1 point stop;
If marketposition > 0 and Close >= [color="Red"]lastentryprice[/color] + X then buy next bar at High points stop;

 

I'm sure there is something like this of which I'm not yet aware of :crap:

 

Anybody knows how to help me please?

[EasyTrader_I 10]

Hi LiuKK,

 

Have you checked the Pyramiding Check Box ? in the Format strategies--> Properties for All--> General--> Allow upto [ ] ???

 

Good Luck,

EasyTrader_I.

[LiukK 10]

Hi LiuKK,

 

Have you checked the Pyramiding Check Box ? in the Format strategies--> Properties for All--> General--> Allow upto [ ] ???

 

Good Luck,

EasyTrader_I.

 

Hi EasyTrader_I! and thank you for the answer.

 

Yes, that box is flagged...and still doesn't work.

 

I really can't understand what is wrong with this code...

[Tradewinds 12]

 

I think I'd need something like a "lastentryprice" word in order to accomplish the code...

 

something like:

If marketposition = 0 and ConditionLong Then Buy next bar At High + 1 point stop;
If marketposition > 0 and Close >= [color="Red"]lastentryprice[/color] + X then buy next bar at High points stop;

 

This is from the Easy Language help:

 

Returns the entry price for the specified position.

 

EntryPrice(Num)

 

Where Num is a numeric expression representing the number of positions ago (up to a maximum of ten).

 

Remarks

This function can only be used in the evaluation of strategies. It does not require an input, however, by using the input Num, you can obtain the specified value from a previous position, up to ten positions ago.

 

Example

EntryPrice(2) might return a value of 101.19 as the entry price of 2 positions ago on a chart of Microsoft stock.

 

Are you entering a number for how many entry orders back the entry was? You need to use the syntax:

 

EntryPrice(1)

[Tradewinds 12]

Actually, the "EntryPrice" reserved word does not need the "NUM" input to be designated, BUT I think that the MarketPosition reserved word DOES need the "NUM" input to be designated:

 

MarketPosition(1)

[equtrader 10]

Possibly the condition entryprice+X points stop is not met because the market falls after your first buy and the order never executes. Is that maybe?

[LiukK 10]

Possibly the condition entryprice+X points stop is not met because the market falls after your first buy and the order never executes. Is that maybe?

Hi equatrader and thank you to try to help me

Unfortunately this isn’t the problem because it doesn’t opens other positions even if the price go my way and reach the entry price+X points leve and goes even much further...

 

This is from the Easy Language help:

Are you entering a number for how many entry orders back the entry was? You need to use the syntax:

 

EntryPrice(1)

 

Tradewinds, this is enlightening!

I just wanted to buy X points over the last entry so “entry price(1)” would be perfect!

So I changed the code this way:

 

If marketposition = 0 and ConditionLong Then Buy next bar At High + 1 point stop;
If marketposition > 0 then buy next bar at Entryprice(1) + X points stop;

 

 

Unfortunately the problem still persisted and the TS opened just the first position.

 

Then I tried to experiment another way:

I changed the pyramid filter from a constant number of points (X) to a fraction of the ATR:

var1 = AvgTrueRange( ATRLength ) * NumATRs;

If marketposition = 0 and ConditionLong Then Buy next bar At High + 1 point stop;
If marketposition > 0 then buy next bar at Entryprice(1) + var1 stop;

 

And, surprisingly to me, it worked!

 

But not the way I was looking for, because it opens positions even if the price goes down till the exit condition is met. :crap:

 

I want it to pyramid adding positions only if the price goes in the right direction…precisely every X ATR (or X points) from the last entry price...

[onesmith 10]

var: x(0), mp(0), cs(0), np(0), step(2);

mp=marketposition;
cs=currentshares;
np=entryprice+cs*step;

if mp=0 and d=1111102 then buy next bar market;
if mp>0 then buy next bar np stop;

if cs<>cs[1] then begin
   x=text_new(d,t,np,"next="+numtostr(np,2));  text_setstyle(x,1,2);
end;

[LiukK 10]

var: x(0), mp(0), cs(0), np(0), step(2);

mp=marketposition;
cs=currentshares;
np=entryprice+cs*step;

if mp=0 and d=1111102 then buy next bar market;
if mp>0 then buy next bar np stop;

if cs<>cs[1] then begin
   x=text_new(d,t,np,"next="+numtostr(np,2));  text_setstyle(x,1,2);
end;

 

 

Hi onesmith, and thank you for the reply!

As I said in the first post I’m still a newbie in programming and, honestly, I’m not yet so skilled to understand totally the code you posted. :embarassed:

 

Anyway I tried it but again it wasn’t doing what I’m looking for

 

I write here the full code of this (“simple once coded”) trading system:

 

Inputs: Price(Close), LenA(10), LenB(100), ATRLength(20), NumATRs(1) ;

var:  mp(0), var0(0), var1(0), var2(0);

mp=marketposition*currentshares;
var0 = Average(Price, LenA);
var1 = Average(Price, LenB);
var2 = AvgTrueRange( ATRLength ) * NumATRs;


Condition1 = var0>var1;
Condition2 = var0<var1;


If mp = 0 and Condition1 Then Buy next bar At High + var2 stop;

If mp > mp[1] then buy next bar at entryprice + var2 stop;

If mp > 0 and Condition2 Then sell next bar at market;

 

Basically I want the TS to open positions perpetually at step of an ATR fraction till the condition to close them is met... like the TS of the Richard Dennis's turtles but with a limitless number of positions.

 

How people can code this?

[onesmith 10]

// CrossPrice is set to H of bar when FastAvg crosses above SlowAvg.

// PreviousPrice stores most recent EntryPrice.

 

// if mp=0 then NextPrice is CrossPrice+atr.

// if mp=1 then NextPrice is PreviousPrice+atr.

 

var:  fast(0), slow(0), atr(0), cs(0), crossPrice(0), previousPrice(0), nextPrice(0);

fast=average(c,10);
slow=average(c,100);
atr=AvgTrueRange(20);
cs=currentshares;

if fast>slow then begin
   if fast crosses above slow then begin
       crossPrice=H;    nextPrice=crossPrice+atr;
   end;
   if cs>0 then begin
       if cs>cs[1] then previousPrice=maxlist(open,nextPrice);
       nextPrice=previousPrice+atr;
   end else nextPrice=crossPrice+atr;
   if crossPrice>0 then buy next bar nextPrice stop;
end else sell next bar market;

[LiukK 10]

// CrossPrice is set to H of bar when FastAvg crosses above SlowAvg.

// PreviousPrice stores most recent EntryPrice.

 

// if mp=0 then NextPrice is CrossPrice+atr.

// if mp=1 then NextPrice is PreviousPrice+atr.

 

var:  fast(0), slow(0), atr(0), cs(0), crossPrice(0), previousPrice(0), nextPrice(0);

fast=average(c,10);
slow=average(c,100);
atr=AvgTrueRange(20);
cs=currentshares;

if fast>slow then begin
   if fast crosses above slow then begin
       crossPrice=H;    nextPrice=crossPrice+atr;
   end;
   if cs>0 then begin
       if cs>cs[1] then previousPrice=maxlist(open,nextPrice);
       nextPrice=previousPrice+atr;
   end else nextPrice=crossPrice+atr;
   if crossPrice>0 then buy next bar nextPrice stop;
end else sell next bar market;

 

Onesmith...you're great, I really don't know how to thank you enough...

the TS works perfectly now :thumbs up:

there are so many things I still don't know and your help have been really invaluable