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reference close of a few bars prior the Entry bar


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reference close of a few bars prior the Entry bar

  #1 (permalink)
joyceflor
Hong Kong, Hong Kong SAR
 
Posts: 3 since Sep 2022
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Hi,

I'm new to this forum and also new to EasyLanguage. The code is for trading mini-ES. I've been stuck for a few days on getting the code to set/record a reference value, i.e. close of 2 bars before an Entry bar. I tried with C[2] and it didn't work. I think the code kept re-calculate rather than record and keep that value unchanged. Here's what I have:

vars: RangeHigh(0), Value1(0);

If MarketPosition = 0 and Close > RangeHigh then
begin
buy next bar at market;
Value1 = Close[2];
end;

If MarketPosition = 1 then
sell ("stop") next bar at Value1 stop;


Thanks in advance!

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  #2 (permalink)
 ABCTG   is a Vendor
 
Posts: 2,431 since Apr 2013
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joyceflor,

welcome to futures.io. I would suggest using the print reserved word to check the value of Value1 (I would also suggest using meaningful variable names as this might make your programming life easier in the long run).

From glancing at your code, it should correctly store the value at the moment you issue the order.

Regards,

ABCTG


joyceflor View Post
Hi,

I'm new to this forum and also new to EasyLanguage. The code is for trading mini-ES. I've been stuck for a few days on getting the code to set/record a reference value, i.e. close of 2 bars before an Entry bar. I tried with C[2] and it didn't work. I think the code kept re-calculate rather than record and keep that value unchanged. Here's what I have:

vars: RangeHigh(0), Value1(0);

If MarketPosition = 0 and Close > RangeHigh then
begin
buy next bar at market;
Value1 = Close[2];
end;

If MarketPosition = 1 then
sell ("stop") next bar at Value1 stop;


Thanks in advance!


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  #3 (permalink)
joyceflor
Hong Kong, Hong Kong SAR
 
Posts: 3 since Sep 2022
Thanks Given: 2
Thanks Received: 0


Thanks for your reply, ABCTG.

I'll try to print as you suggested and see what happens.

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  #4 (permalink)
 ABCTG   is a Vendor
 
Posts: 2,431 since Apr 2013
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joyceflor,

one thing to keep in mind with your code is that you initialize RangeHigh with 0. This will make your condition true on the very first bar the code is evaluated on and you do not update the value stored in RangeHigh. This will result in a new order every time your code is flat.

Regards,

ABCTG


joyceflor View Post
Thanks for your reply, ABCTG.

I'll try to print as you suggested and see what happens.


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  #5 (permalink)
joyceflor
Hong Kong, Hong Kong SAR
 
Posts: 3 since Sep 2022
Thanks Given: 2
Thanks Received: 0

ABCTG,

Thanks so much for this note! Perhaps this is why I couldn't get my code to do what I intend to do!

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Last Updated on September 6, 2022


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