Issue with IOG and at market

August 7th, 2012, 11:51 AM

Hi,

I'm hoping someone would be able help or point me in the wright direction for using the IOG with buy at market.

My apologies if this has already been posted as I've looked around and could not find anything. This is my first trying to script anything so i do apologies if my question/ observation is stupid/ obvious.

The issue I'm having with IOG is that it appears to be placing the trades at the top of the candles instead of when the IF statement became valid. I've attached the screenshot of this

With IOG off it buys at the next bar as it should.

Code

[IntrabarOrderGeneration = True]
Inputs:
wmalength (50),
wmalength1 (1),
Take_Profit (20),
Stop_loss (20);

vars:
wma (0),
wma1 (0),
TickSize (minmove/PriceScale),
tp1 (Take_Profit*ticksize),
sl1 (Stop_loss*ticksize);

wma = WAverage(close,wmalength);
wma1 = WAverage(close,wmalength1);
if marketposition = 0 then
begin
if wma1 > wma then begin
Buy ("Go Long") 5 contracts next bar market;
end;
end;

if marketposition = 1 then
begin
Sell ("L_TP") next bar at (entryprice+Tp1) limit;
sell ("L_SL")next bar at (entryprice-SL1) stop;
end; CurrentAsk

Initially i used the currentBid function but this gave the same results hence i tried the 2 wmas

Code

if Currentbid > wma then begin
Buy ("Go Long") 5 contracts next bar market;
end;

Thank you in advance as I've spent the entire night trying to figure this out.

With no Luck.

August 7th, 2012, 12:05 PM

Try changing your stops and targets to a market order and see if it makes a difference. It seems like whenever I use limit orders, I run into orders at the high/low of the bars sometimes, instead of the open close.

Just a thought, might not make a difference. (and yes, I realize those are exits and your concerns are with the entries, but it's worth a try)

August 7th, 2012, 01:45 PM

1) Do you have "Build minute and daily bars based on tick data" configured in QuoteManager for EURUSD?
2) How many entries/exits would you like to "allow" (Format Signals->Properties->Enable Intra-Bar Order Generation setting; can be set to one of three settings)
3) Do you have the Bar Magnifier enabled? (Format Signals->Properties->Backtesting->Backtesting Precision->Use Bar Magnifier; set to to 1 tick resolution or whatever you want)

With the above enabled, I get (with your signal/script)...

Hope that helps...
-Guy

p.s. don't forget when using IOG, "Next Bar" really means "Next Tick" and "This Bar at Close" really means "Next Bar"

- gotta love IOG

August 7th, 2012, 11:49 PM

thank you Fu510n,

the Bar Magnifier worked, it enters as it should. So frustrating, so much keayboard bashing for a single tickbox.

Quick question, is there a way to get/set the open/low of the entry candle so to use for Sl or other entry points?

ie, if buy executed on candle 3 from the left then it's open = c3_open, low = c3_low. or something like that?

August 8th, 2012, 12:03 AM

SlowCarry

thank you Fu510n,

the Bar Magnifier worked, it enters as it should. So frustrating, so much keayboard bashing for a single tickbox.

Quick question, is there a way to get/set the open/low of the entry candle so to use for Sl or other entry points?

ie, if buy executed on candle 3 from the left then it's open = c3_open, low = c3_low. or something like that?

************************************************************************************
If you want to refer to the open 3 bars ago, then use Open[3] or O[3] etc for high, low etc..

August 8th, 2012, 12:37 AM

sptrader

************************************************************************************
If you want to refer to the open 3 bars ago, then use Open[3] or O[3] etc for high, low etc..

sorry the 3 was just an example the, as in the open, high low ect. of the bar where the entry was triggered. The entry could of been 2/5/7/xx bars back from the current bar but i would like to have the values of the entry bar.

August 8th, 2012, 08:49 AM

Well i managed to get the count bar thing but it appears that its not using the actual values of the candle but rather substitutes the lows/highs with open/close.

From read so far it appears that MC reads only the Open/close of historic bars. Is there a way to makes it read the entire candle?

My very "i seriously need to learn better syntax" if loop.

Code

if (count1 = 0 ) then begin
	if (barssinceentry > 0) then begin
		count1 = count1 +1;
			if (barssinceentry > count1) then begin
				count1 = count1 + 1;
			end;		
	end;
end;

August 8th, 2012, 08:56 AM

SlowCarry

Hi,

I'm hoping someone would be able help or point me in the wright direction for using the IOG with buy at market.

My apologies if this has already been posted as I've looked around and could not find anything. This is my first trying to script anything so i do apologies if my question/ observation is stupid/ obvious.

The issue I'm having with IOG is that it appears to be placing the trades at the top of the candles instead of when the IF statement became valid. I've attached the screenshot of this

With IOG off it buys at the next bar as it should.

Code

[IntrabarOrderGeneration = True]
Inputs:
wmalength (50),
wmalength1 (1),
Take_Profit (20),
Stop_loss (20);

vars:
wma (0),
wma1 (0),
TickSize (minmove/PriceScale),
tp1 (Take_Profit*ticksize),
sl1 (Stop_loss*ticksize);

wma = WAverage(close,wmalength);
wma1 = WAverage(close,wmalength1);
if marketposition = 0 then
begin
if wma1 > wma then begin
Buy ("Go Long") 5 contracts next bar market;
end;
end;

if marketposition = 1 then
begin
Sell ("L_TP") next bar at (entryprice+Tp1) limit;
sell ("L_SL")next bar at (entryprice-SL1) stop;
end; CurrentAsk

Initially i used the currentBid function but this gave the same results hence i tried the 2 wmas

Code

if Currentbid > wma then begin
Buy ("Go Long") 5 contracts next bar market;
end;

Thank you in advance as I've spent the entire night trying to figure this out.

With no Luck.

are you talking about backtesting???

August 9th, 2012, 01:27 AM

Thanks for you help Bimi, but Fu510n fixed the problem for me.

August 9th, 2012, 02:01 PM

SlowCarry

Well i managed to get the count bar thing but it appears that its not using the actual values of the candle but rather substitutes the lows/highs with open/close.

From read so far it appears that MC reads only the Open/close of historic bars. Is there a way to makes it read the entire candle?

My very "i seriously need to learn better syntax" if loop.

Code

if (count1 = 0 ) then begin
	if (barssinceentry > 0) then begin
		count1 = count1 +1;
			if (barssinceentry > count1) then begin
				count1 = count1 + 1;
			end;		
	end;
end;

Can you include the code where you're trying to access High/Low vs. Open/Close? Not sure if you're using MessageLog() or not, but you might want to debug that way as well,

e.g.

Code

                            
MessageLog( "[", TotalTrades+1:0:0, " | ",
            FormatDate("M/dd/yyyy", DateToJulian( Date )), " ", FormatTime("hh:mm:ss tt", DateToJulian( Date ) + (TimeToSeconds( Time_s ) / 3600 / 24)), " | ",
            CurrentBar + MaxBarsBack:0:0, " | ", BarStatus( 1 ):0:0,
            "] Open=[", Open:0:4, "] High=[", High:0:4, "] Low=[", Low:0:4, "] Close=[", Close:0:4, "]" );

You can replace "High:0:4" with "High[count1]:0:4" if desired, etc.

Just a thought - need more input

Issue with IOG and at market

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Issue with IOG and at market