Programming your Trading Ideas in TradersStudio and TradeStation

Consider it an average judging from the text.

 

I agree; that was my point....consider Excel as your prototyping vehicle. Then use your trading platform of choice for loading data and historical backtesting. I wish Excel could handle the data loading and historical backtesting but unfortunately that capability is not yet in Excel.

 

Can you explain to me Entry and Exit order combinations with named signals. I want a given exit to only exit a given entry?

 

Thanks, Mr. Murray for opening this thread. It shall help us TradersStudio users a lot, especially those who fear or dislike programming.

 

Please may I know as to whether there is any way to disable a given entry after you exit it on a protective stop?

 

Murray - any follow-up on this thread?

 

Sorry, I am on deadline for my Futures Article and trying to finish it. Will be actively posting again in a day or so.

 

Please give the answer.

 

Let's look at the following

Code:

  
If Close>Average(Close,30,0) then Buy("SignalName1",1,0,market,day)

  Buy("SignalName2",1,Highest(High,20,0),stop,day)

  Exitlong("LESign1","SignalName1",1,lowest(Low,25,0),stop,day)

In this case if we are long using signal name "SignalName1" we will have a stop at the 25 day low. If that SignalName1 is flat, and we are only long from SignalName2, the protective stop order will not be placed.

 

The new beta has disableentryafterexit. It works as follows"
DisableEntryAfterExit(EntrySignalName,ExitSignalName,Condition to reenable)

so

DisableEntryAfterExit("EntrySignalName","ExitSignalName",barsinceexitplus("EntrySignalName")=10)

This will not enable EntrySignalName to trade until 10 days after it's has last been exited.