Easy Language SetPercentTrailing function - TradeStation | futures.io
futures.io futures trading

Go Back   futures.io

> Futures Trading, News, Charts and Platforms > Platforms and Indicators > TradeStation

Easy Language SetPercentTrailing function
Started:February 3rd, 2016 (03:01 PM) by FuturesTrading Views / Replies:298 / 1
Last Reply:February 4th, 2016 (03:34 AM) Attachments:0

Welcome to futures.io.

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

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, and we will never resell your private information.

-- Big Mike

Thread Tools Search this Thread

Easy Language SetPercentTrailing function

Old February 3rd, 2016, 03:01 PM   #1 (permalink)
Trading Apprentice
San Diego USA
Futures Experience: Advanced
Platform: Tradestation
Favorite Futures: Emini ES
Posts: 1 since Feb 2016
Thanks: 0 given, 0 received

Easy Language SetPercentTrailing function

Working on a strategy on a 30min time frame trading the NQ emini.

Entering position as a market order

After entry I am using SetPercentTrailing TS function to preserve 15% of the profits.

Issue I'm having is it looks great when back testing. 85% of the orders are closed by the SetPercentTrailing function. However, when testing with live capital the SetPercentTrailing function seems to close the position early.

For instance today I used it on the NQ. Entered short at 4111. Covered at 4108 using the SetPercentTrailing function. However, when I turned automation off and then turned it back on, it said it entered at 4114 and covered at 4078.

So my question is why are back testing results showing more of a profit then live? I assume it has something to do with the SetPercentTrailing function. I understand why it shows a different entry price due to slippage. However, I can't confidently say 30 point difference on the cover was due to slippage. Therefore, I have to assume it's something with the SetPercentTrailing function.

Any thoughts or suggestions on this?

Reply With Quote

Old February 4th, 2016, 03:34 AM   #2 (permalink)
 Vendor: abctradinggroup.com 
Hamburg Germany
Futures Experience: Advanced
Platform: Multicharts, Tradestation, Multicharts.NET, NinjaTrader, MetaTrader
Broker/Data: DTN IQ
Favorite Futures: ES
Posts: 1,103 since Apr 2013
Thanks: 186 given, 622 received


the problem might be found in how you do your backtests and how the system is coded. For example when you use the build in exit functionality like targets or trailing stops you should always use the look inside bar backtesting with the highest resolution possible. Otherwise the platform can't detect how a bar evolved from open to close and make assumptions that not necessarily reflect the situation that was present realtime.



Reply With Quote


futures.io > Futures Trading, News, Charts and Platforms > Platforms and Indicators > TradeStation > Easy Language SetPercentTrailing function

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Upcoming Webinars and Events (4:30PM ET unless noted)

An Afternoon with FIO trader bobwest

Elite only

NinjaTrader 8: Programming Profitable Trading Edges w/Scott Hodson

Elite only

Anthony Drager: Executing on Intermarket Correlations & Order Flow, Part 2

Elite only

Adam Grimes: Five critically important keys to professional trading

Elite only

Machine Learning Concepts w/FIO member NJAMC

Elite only

MarketDelta Cloud Platform: Announcing new mobile features

Dec 1

NinjaTrader 8: Features and Enhancements

Dec 6

Similar Threads
Thread Thread Starter Forum Replies Last Post
try catch in easy language avivi TradeStation 5 October 28th, 2014 02:37 PM
Help for Easy Language Giox EasyLanguage Programming 1 October 17th, 2014 11:53 AM
easy language ..not easy... Serger EasyLanguage Programming 4 April 26th, 2011 03:42 PM

All times are GMT -4. The time now is 03:10 AM.

Copyright © 2016 by 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

Page generated 2016-10-22 in 0.08 seconds with 19 queries on phoenix via your IP