Calculating percent profitable over period - EasyLanguage Programming | futures io social day trading
futures io futures trading


Calculating percent profitable over period
Updated: Views / Replies:1,488 / 4
Created: by Big Mike Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

Calculating percent profitable over period

  #1 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,336 since Jun 2009
Thanks: 29,452 given, 83,952 received

Calculating percent profitable over period

Hi guys,

I am trying to create a small bit of code that will calculate the % Profitable (win %) of all trades taken by a signal over a certain period.

Let's keep the first example simple. I just want to calculate the win % for the trades taken so far today (since midnight).

I know we have the PercentProfit reserved word, but that seems worthless here as it is for the entire series length. So then I look at the PosTradeProfit reserved word, which returns a numerical value indicating the profit (or loss if negative) of the specified trade.

With PosTradeProfit, we need to pass the PosAgo (number of positions ago, 0=open), and the TradeNumber within that position.

For my strategy, each position can have up-to 10 trades associated with it.

So far, I am thinking that I need to track:
- Current number of "positions" initiated (trades taken, but relates to PosAgo) -- rollover at midnight
- Number of trades taken within each position, tracked on a per-position basis -- I think we can use PosTradeCount for this, as it returns the number of entries within a position

And then I would create a loop and increment the PosTradeProfit(PosAgo, TradeNumber) first by the most recent position, then by each trade within that position, and so forth.

I would then come back with the total number of profitable trades, and the total number of all trades, and can do the math from there.

Anyone care to help me with this?

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Elite Member
Newcastle, Australia
 
Futures Experience: Intermediate
Platform: Multicharts 8 - Full Version
Broker/Data: IB
Favorite Futures: SPI,FTSE100, 6E, 6A
 
Posts: 285 since Oct 2010
Thanks: 108 given, 177 received


Hi Mike
Must be the red wine.
Im confused as to what you are trying to achieve.


Thanks,
Neil.

(Sent from my Galaxy S2 via Tapatalk)

Reply With Quote
 
  #4 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,336 since Jun 2009
Thanks: 29,452 given, 83,952 received


NW27 View Post
Hi Mike
Must be the red wine.
Im confused as to what you are trying to achieve.


Thanks,
Neil.

(Sent from my Galaxy S2 via Tapatalk)

Complete dataseries length (chart history) = 30 days

I want to know what the win % was for yesterday. After I get the routine written, I will want to be able to calculate the win % for the last 'x' trades or last 'x' days.

That is what I am after. Needs to be done in the signal so I can use the information in the signal itself.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
 
  #5 (permalink)
Elite Member
San Jose
 
Futures Experience: Intermediate
Platform: NinjaTrader, Esignal
Favorite Futures: Stocks
 
Posts: 107 since Jan 2012
Thanks: 40 given, 21 received

Did anyone get this code snippet written? I could use it.

Reply With Quote

Reply



futures io > > > > > Calculating percent profitable over period

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)
 

Wyckoff Hunting for Great Risk/Reward Ratio w/Gary Fullett

Elite only
 

Digging into the Details of iSystems w/Stage 5 & iSystems

Jun 5
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Code snippet for calculating slope Saroj NinjaTrader Programming 2 April 6th, 2011 09:44 AM
Calculating the optimal value setting for range bars martifc Traders Hideout 2 December 22nd, 2010 02:42 AM
SFO Magazine: The Percent Profitable Fallacy shodson Traders Hideout 2 August 18th, 2010 05:07 AM
Calculating 'Perfect Profit' Jura NinjaTrader Programming 6 July 15th, 2010 07:25 AM
Calculating the slope of _ADXVMA_Alertsv01_5_1 nanobiotech NinjaTrader Programming 3 April 6th, 2010 12:35 PM


All times are GMT -4. The time now is 05:52 PM.

Copyright © 2018 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2018-05-27 in 0.09 seconds with 19 queries on phoenix via your IP 54.80.68.137