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No orders issued using Buy Stop
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Created: by arjfca Attachments:0

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No orders issued using Buy Stop

  #1 (permalink)
Montreal, Canada
Trading Experience: Intermediate
Platform: Multicharts
Broker/Data: Interactive Broker
Favorite Futures: Forex
Posts: 263 since Sep 2010
Thanks: 437 given, 88 received

No orders issued using Buy Stop


I'm writing my first signal in Multicharts Easylanguage. All parameters to enter in the loop are ok and are reflected in the print command
I'm suspecting the stop command.

I trully accept the fact that it is difficult to debug only a portion of the code, but who knows if I make a big apparent mistake.

Any help appreciated


Here is a portion of my code.

IntraBarGeneration = True
If MyPosition 0 then begin // No position in the market
If Havelong true then begin
Print( "Long "QTYspaces(1), PricetargetL:0:5);
Buy ("Long 1"next bar QTY contracts at PriceTargetL stop;
Setstoploss (Par QtyBigPointValue);
HaveShort true then begin
("Short 1"next bar QTY contracts at PriceTargetS Stop;
SetStopLoss (Par QTYBigPointValue);
end//MyPosition = 0 then begin 
Some value from the print command.  I would had no value if   HaveLong False 
MyPosition = 0
Print("Long ",QTY,spaces(1),PricetargetL:0:5);

Long 125000.00 1.34520
Long 100000.00 1.34510
Long 95000.00 1.34540
Long 90000.00 1.34510
Long 86000.00 1.34560

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  #2 (permalink)
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  #3 (permalink)
Gurnee, IL
Posts: 46 since Apr 2010
Thanks: 17 given, 94 received

Just looking at the code it seems yor stop order are not being placed on each bar. You have your stop order within the block defined by a flat position: market position = 0

When you enter a trade, market position is not zero, thus yor stop is not placed except for the bar when your order is entered.

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  #4 (permalink)
Montreal, Canada
Trading Experience: Intermediate
Platform: Multicharts
Broker/Data: Interactive Broker
Favorite Futures: Forex
Posts: 263 since Sep 2010
Thanks: 437 given, 88 received

Hello Jeff

Yes, that could be a real problem. I will work arround and post result later.


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