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How to check for Total Trades?


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How to check for Total Trades?

 
 
FastNCurious's Avatar
 FastNCurious 
saint louis MO
 
Experience: Intermediate
Platform: TradeStation
Trading: NQ, ES, YM, CL, GC
Posts: 149 since Oct 2017
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I would like to learn how to write code that would check to see how many trades have been taken this month or this year or this day. I have instances where what I am testing requires a trade counter to eliminate taking trades after the initial signal failed.

For instance, in plain english...

if total trades this month = 0 then begin

or

if total trades this year <=3 then begin

or

if total trades today <=4 then begin

This would be very useful as it puts a limit on how much you could lose in a given year, month, day.

Any pointers would be greatly appreciated.

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ShadowFox's Avatar
 ShadowFox 
CO/USA
 
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Should be able to do this with a variable for tracking trades today or trades this month. Something like

Tradestoday(0),

Mydate(date)

If date <> mydate then begin //clear trade counter

Mydate = date;

Tradestoday = 0;

End;

If tradecondition = true the begin

Enter trade code

Tradestoday = tradestoday +1; //add to counter

End;

If you want to limit trades in a day just add that in the if statement before entering a trade.

Writing this on my phone so disregard the bad coding.

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Last Updated on November 26, 2020


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