I have a script that executes trades, however after the first order it stops executing trades... what am I missing?
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Trading stops
I am brand new at automated trading with Scripts.
I have a script that executes trades, however after the first order it stops executing trades... what am I missing?Tags: None
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Here's my code...
Code:if (Input[0] > MACDBB(12, 26, 9).Avg[0] && Above == false) { Retrace = false; Above = true; Below = false; Print("Cross Above"); } // Condition set 2 if (Input[0] < MACDBB(12, 26, 9).Avg[0] && Below == false) { Retrace = false; Above = false; Below = true; Print("Cross Below"); } if (FirstTickOfBar && Above == true && LongOrder == false) { PriorBarRetrace = Round2Tick(((High[1]-Low[1])*.382)+ Low[1])-TickSize; Print("Retrace target = " + PriorBarRetrace); } if (FirstTickOfBar && Below == true && ShortOrder == false) { PriorBarRetrace = Round2Tick(((High[1]-Low[1])*.618)+ Low[1])+TickSize; Print("Retrace target = " + PriorBarRetrace); } if (Input[0] <= PriorBarRetrace && Above == true && LongOrder == false) { Retrace = true; LongOrder = true; ShortOrder = false; ExitShort("MACDfollowShort"); EnterLong("MACDfollowLong"); Print("ExitShort, EnterLong"); } if (Input[0] >= PriorBarRetrace && Below == true && ShortOrder == false) { Retrace = true; ExitLong("MACDfollowLong"); LongOrder = false; ShortOrder = true; EnterShort("MACDfollowShort"); Print("ExitLong, EnterShort"); }
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Hello,
The first thing I see is that this looks like an "always in" strategy, meaing you have an order in the market at all times. When doing this, don't use Exits, just place an order in the opposite direction and it will cancel the order you just had. See the SamleMACrossOver. That should eliminate some of your flags and simplify the code. Try than and see if you can sort out the issue.DenNinjaTrader Customer Service
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