[LiukK]

Hi all guys

I started studying EasyLanguage not long ago and I'm still a newbie.

I need a little help about a part of code of the TS I'm developing.

I want the TS to open a position at the "ConditionLong" signal, and, once the first position have been opened, I want it to open other positions of the same size and in the same direction every "X" points.

I tried to code it but the TS only opens the first position but not the others...
here is the code:

If marketposition = 0 and ConditionLong Then Buy next bar At High + 1 point stop;
If marketposition > 0 then buy next bar at entryprice + X points stop;

Thank you in advance for your help

[Tradewinds]

Originally Posted by LiukK »

Hi all guys

I started studying EasyLanguage not long ago and I'm still a newbie.

I need a little help about a part of code of the TS I'm developing.

I want the TS to open a position at the "ConditionLong" signal, and, once the first position have been opened, I want it to open other positions of the same size and in the same direction every "X" points.

I tried to code it but the TS only opens the first position but not the others...
here is the code:

If marketposition = 0 and ConditionLong Then Buy next bar At High + 1 point stop;
If marketposition > 0 then buy next bar at entryprice + X points stop;

Thank you in advance for your help

Maybe if you tried something like this:

If marketposition = 0 and ConditionLong Then Buy next bar At High + 1 point stop;
If marketposition > 0 and Close >= entryprice + X then buy next bar at High points stop;

[LiukK]

Originally Posted by Tradewinds »

Maybe if you tried something like this:

If marketposition = 0 and ConditionLong Then Buy next bar At High + 1 point stop;
If marketposition > 0 and Close >= entryprice + X then buy next bar at High points stop;

Hi Tradewinds and thank you for the answer!

however unfortunately it doesn't work because it opens just one position...

I try to explain pratically what I need:

once the first position is entered, say at 100, I want to pyramide it and buy other position every 20 points... so 100, 120, 140, 160...and so on...till the condition to close is met.

[UrmaBlume]

Market Position will only return 1, 0, or -1

CurrentShares will return how many you are long or short.

MarketPosition * CurrentShares will return true position with a + or - sign.

[LiukK]

Originally Posted by UrmaBlume »

Market Position will only return 1, 0, or -1

CurrentShares will return how many you are long or short.

MarketPosition * CurrentShares will return true position with a + or - sign.

Hi UrmaBlume and thank you for this detail!

However even changing the code I posted before this way:

If marketposition * CurrentShares = 0 and ConditionLong Then Buy next bar At High + 1 point stop;
If marketposition * CurrentShares > 0 and Close >= entryprice + X then buy next bar at High points stop;

the problem still persist.

I think I'd need something like a "lastentryprice" word in order to accomplish the code...

something like:

If marketposition = 0 and ConditionLong Then Buy next bar At High + 1 point stop;
If marketposition > 0 and Close >= lastentryprice + X then buy next bar at High points stop;

I'm sure there is something like this of which I'm not yet aware of

Anybody knows how to help me please?

[EasyTrader_I]

Hi LiuKK,

Have you checked the Pyramiding Check Box ? in the Format strategies--> Properties for All--> General--> Allow upto [ ] ???

Good Luck,
EasyTrader_I.

[LiukK]

Originally Posted by EasyTrader_I »

Hi LiuKK,

Have you checked the Pyramiding Check Box ? in the Format strategies--> Properties for All--> General--> Allow upto [ ] ???

Good Luck,
EasyTrader_I.

Hi EasyTrader_I! and thank you for the answer.

Yes, that box is flagged...and still doesn't work.

I really can't understand what is wrong with this code...

[Tradewinds]

Originally Posted by LiukK »

I think I'd need something like a "lastentryprice" word in order to accomplish the code...

something like:

If marketposition = 0 and ConditionLong Then Buy next bar At High + 1 point stop;
If marketposition > 0 and Close >= lastentryprice + X then buy next bar at High points stop;

This is from the Easy Language help:

Returns the entry price for the specified position.

EntryPrice(Num)

Where Num is a numeric expression representing the number of positions ago (up to a maximum of ten).

Remarks
This function can only be used in the evaluation of strategies. It does not require an input, however, by using the input Num, you can obtain the specified value from a previous position, up to ten positions ago.

Example
EntryPrice(2) might return a value of 101.19 as the entry price of 2 positions ago on a chart of Microsoft stock.

Are you entering a number for how many entry orders back the entry was? You need to use the syntax:

EntryPrice(1)