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Daily Profit/Loss Indicator


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Daily Profit/Loss Indicator

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  #1 (permalink)
AlexBa
Santo domingo/ Dominican Republic
 
 
Posts: 5 since Oct 2019
Thanks: 2 given, 0 received

Hi, I've been working with indicators and strategies in easylanguage for a few years. Currently I want to implement an indicator that shows the limits of daily loss or gain, in reality what I need to see is the daily balance of the profir contributed by an individual symbol. I currently share with you what I have, but this only shows me the balance of the strategy, not what is really happening with the symbol. can you help me?

inputs:

___Daily_Profit_and_Loss_Targets___("___Daily_Profit_and_Loss_Targets___"),
Use_Daily_Profit_0_1 (0),
Daily_ProfitTarget( 500),
Use_Daily_Loss_0_1 (0),
Daily_LossTarget( 500),
Commish (4.74),
HoraInicio(0600);

variables:
NP( 0 ),
OPP( 0 ),
Todaynet( 0 ),
Yesterdaynet(0),
ProfToday( 0 ),
Trades_Today(0),
StartingTrades(0),
MP(0),
tradeON(false);



NP = I_closedequity ;


if date <> date[1] then begin
Yesterdaynet = I_closedequity ;

end;


ProfToday = (NP - Yesterdaynet);




Plot1(ProfToday,"Profit");
Plot2(0,"Cero");
pLOT3(Daily_ProfitTarget,"pROFIT");
plot4(-Daily_LossTarget,"Loss");

Setplotcolor(2,yellow);

if Use_Daily_Profit_0_1 = 1 and ProfToday >= Daily_ProfitTarget or ProfToday <= -absvalue(Daily_LossTarget) then
begin { exit all trades }

Setplotcolor(1,Red);

End;

[/CODE]


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  #2 (permalink)
 numberjuani 
Agoura Hills, CA USA
 
Experience: Advanced
Platform: Tradestation&Multicharts
Broker: TradeStation
Trading: Futures & Equities
 
numberjuani's Avatar
 
Posts: 127 since Apr 2019
Thanks: 9 given, 98 received

Alex,

I dont really understand what youre trying to do, but I can see that in general terms youre working equity in an indicator, and strategies are much better for creating this kind of study. You have reserved words like

PositionProfit
OpenPositionProfit
NetProfit
DailyLosers
DailyWinners
EntriesToday

you can see all this info in the PrintLog too

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Last Updated on November 11, 2019


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