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BarsSinceExit
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Created: by jessehhhh Attachments:0

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BarsSinceExit

  #1 (permalink)
Trading Apprentice
Montclair
 
Trading Experience: None
Platform: tradestation
Favorite Futures: Stocks
 
Posts: 11 since Nov 2018
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BarsSinceExit

Hi All,

In my strategy I want to add a clause that doesn't allow the same strategy to enter until 1 bar after an exit has occurred. What I have come up with is this but it isn't working.

If (barssinceexit>1 or Total Trades<1) then {strategy}. If anyone can clarify why this isn't working please let me know and thank you in advance.

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  #2 (permalink)
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  #3 (permalink)
 Vendor: www.abctradinggroup.com 
Hamburg Germany
 
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jessehhhh,

what do you mean by "it isn't working", what is happening exactly? Can you post code that can be used to reproduce what you are seeing?

Regards,

ABCTG

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  #4 (permalink)
Trading Apprentice
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ABCTG,

I mean when I used the code

If (barssinceexit>1 or totaltrades<1) then

begin...

On my chart it still shows a trade beginning in the same bar that a previous trade exited from the same strategy.

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  #5 (permalink)
Market Wizard
Houston, TX
 
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I don't use barssinceexit but I know that barssinceentry doesn't update till the next bar.

You could track the position

MP = marketposition;
If (MP=0 and MP[1]=0) then begin...

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  #6 (permalink)
 Vendor: www.abctradinggroup.com 
Hamburg Germany
 
Trading Experience: Advanced
Platform: Multicharts, Tradestation
Broker/Data: DTN IQ
Favorite Futures: ES
 
Posts: 1,955 since Apr 2013
Thanks: 340 given, 1,221 received

jessehhhh,

I would suggest using the print reserved word to check the value the reserved words hold within your code.
Like @SMCJB mentioned they might only get updated at the end of the bar and you could act on "old" information.

Regards,

ABCTG


jessehhhh View Post
ABCTG,

I mean when I used the code

If (barssinceexit>1 or totaltrades<1) then

begin...

On my chart it still shows a trade beginning in the same bar that a previous trade exited from the same strategy.


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