Help! My program will not stop trading for the day even thou I set a maximum loss - futures io
futures io futures trading



Help! My program will not stop trading for the day even thou I set a maximum loss


Discussion in EasyLanguage Programming

Updated
      Top Posters
    1. looks_one Quick Summary with 1 posts (0 thanks)
    2. looks_two Keystone with 1 posts (0 thanks)
    3. looks_3 ABCTG with 1 posts (0 thanks)
    4. looks_4 honoluluhustler with 1 posts (0 thanks)
    1. trending_up 833 views
    2. thumb_up 0 thanks given
    3. group 4 followers
    1. forum 3 posts
    2. attach_file 0 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
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

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

 
Search this Thread
 

Help! My program will not stop trading for the day even thou I set a maximum loss

(login for full post details)
  #1 (permalink)
Honolulu + Hawaii / USA
 
 
Posts: 18 since Jul 2014
Thanks: 16 given, 1 received

Help! My program will not stop trading for the DAY even thou I set a maximum loss limit for the day.
What is wrong with my code?
Thanks

if Date <> Date [1] then
begin
PrevNetProfit = NetProfit;
StopTrading = false;
end;

if NetProfit >= PrevNetProfit + 100 then StopTrading = true;

if Date <> Date [1] then
begin
PrevNetLoss = GrossLoss;
StopTrading = false;
end;

if GrossLoss >= PrevNetLoss + 65 then StopTrading = true;

Reply With Quote

Journal Challenge February 2021 results:
Competing for $1500 in prizes from Topstep
looks_oneSBtrader82 's Trading Journalby SBtrader82
(173 thanks from 31 posts)
looks_twoJust BEING a Trader: Letting Go!!by iqgod
(120 thanks from 33 posts)
looks_3Wisdom is Emptinessby Mtype
(68 thanks from 25 posts)
looks_4Deetee’s DAX Trading Journal (time based)by Deetee
(35 thanks from 17 posts)
looks_5Journal for peanuts1956by peanuts1956
(23 thanks from 13 posts)
 
 
(login for full post details)
  #3 (permalink)
 
 
Posts: 2,230 since Apr 2013
Thanks: 409 given, 1,471 received


honoluluhustler,

when posting code, please wrap the code tags around it, it makes reading things a lot easier.
GrossLoss returns a negative number, so the condition
 
Code
if GrossLoss >= PrevNetLoss + 65 then StopTrading = true;
can never become true.

Regards,
ABCTG

Follow me on Twitter Reply With Quote
 
(login for full post details)
  #4 (permalink)
Dallas Texas
 
Experience: Advanced
Platform: Tradestation
Trading: Emini ES, Emini YM
 
Posts: 11 since Sep 2013
Thanks: 0 given, 1 received

You may want to try this:

value1 = Gettodaysrttradeequity(getaccountid);

Reply With Quote


futures io Trading Community Platforms and Indicators EasyLanguage Programming > Help! My program will not stop trading for the day even thou I set a maximum loss


Last Updated on July 27, 2014


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
 

Battlestations! Show us your trading desk - $1,500 in prizes!

March
 

Call Option Buying: The New Pain Trade? w/Carley Garner

Elite only
 

Importance of Finding Your Own Way w/Adam Grimes

Elite only
 

New Challenge (TBD)

April
     



Copyright © 2021 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