BarsSinceEntry para orden short o long

April 29th, 2020, 02:40 PM

Hello community of traders.

I am new to Easylanguage. I have problems in my code when I want to use the reserved word BarsSinceExit, in my strategy I want to launch a purchase order after 10 bars of having closed a position, when I uncertain that I do this for a long order it executes it correctly but when it is uncertain in the short order it does not and no long or short order appears, that is, the BarsSinceEntry only works for a long order or a short order but not for both simultaneously.

I do not know what I am doing wrong, I attach my code so please indicate to me what I am doing wrong or give me another alternative to get me to enter a position after having closed (10 or 9 or 5) bars behind.

input: DesicionBarintervalexit (10)

if close > high [1] and Barssinceexit (1) >= DesicionBarintervalexit then
BUY ("B1") next bar at market;
end;

if close < high [1] and BarsSinceEntry (1) >= DesicionBarintervalentry then
SELLSHORT ("S1") next bar market;

I await your comments, thank you in advance to all who can help me.

ABCTG · April 30th, 2020, 03:54 AM

crismont,

one pitfall could be that Barssinceexit (1) and BarsSinceEntry (1) will only carry a value after there was at least one entry/exit. So your code might not be able to enter at all and you need to deal with the special case of the first entry on the chart. How you do this is up to you and one idea could be to use ( Barssinceexit (1) >= DesicionBarintervalexit or TotalTrades = 0 ) to allow the first long entry.

Regards,

ABCTG

May 3rd, 2020, 10:22 AM

You can try this one

{ Exit at N bars since entry }

Input: NBEnt(3);

If MarketPosition = 1 and BarsSinceEntry = NBEnt then
Sell next bar at market;

If MarketPosition = -1 and BarsSinceEntry = NBEnt then
Buy to cover next bar at market;

Hope it helps

BarsSinceEntry para orden short o long

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BarsSinceEntry para orden short o long