TradeStation 9.5 - Strange strategy execution

E

eddyb

Hi all,

I'm new to TradeStation and I'm using the IB TSW 9.5 platform to test a strategy but it's behaving strangely in that it seems to be executing the strategy on every bar despite my code logic and disabling IntrabarOrderGeneration.

I'm no doubt missing something fundamental, so asking for help on here.

Here is my code (I've stripped out some logic to simplify things):

Code: 
{ Simple Strategy }

[IntrabarOrderGeneration = false]

Inputs:
ProfitExit(20);

Vars:
TradeActive(False),
TradeSize(1),
CanTrade(False),
NetWorth(0.0),
Equity(0.0),
CashBalance(0.0),
LossLimit(0.0);

CashBalance = GetRTCashBalance(GetAccountId) ;
Equity = GetRTAccountEquity(GetAccountId) ;
NetWorth = GetRTAccountNetWorth(GetAccountId) ;
LossLimit = (NetWorth / 100) * -1 ;
CanTrade = True ;

Print("CB: ", CurrentBar, " NetWorth: ", NetWorth, " Equity: ", Equity, " CashBalance: ", CashBalance) ;

{ SetStopLoss() SetProfitTarget() MarketPosition }
if CurrentBar > 50 then begin
   
    Print("Close: ", Close, " Average close: ", Average(close,50)) ;
   
    If MarketPosition = 0 then
       
        If Close > Average(Close,50) and Close[1] < Average(Close,50) then
            Print("Buying") ;
            Buy next bar at market ;
           
    If MarketPosition = 1 then
   
        print("Trade PNL: ", GetPositionOpenPL(GetSymbolName, GetAccountId)) ;
       
        If Close < Average(Close,50) and Close[1] > Average(Close,50) then
            Print("Selling") ;
            Sell next bar at market ;

And here is what I'm seeing when I add the strategy to the chart:

https://prnt.sc/ux3u2x

Many thanks,
Eddy​
 
I'm not EL savy but if you don't get a good answer here, Why don't you post Your Question at tradestation Sub Forum " easylanugage and software Support" or send them email to support .
 
I am not a coder, but when you say " If Close > Average(Close,50)... then Buy next bar at market " you will have a buy at every single bar after the Close is > at average... because the condition is still true at every bar until market reverse to "close < average..."
You could say "if close crosses under average... "

Like others, I agree that you should take the time to look at Tradestation easylanguage forum. This is a great way to learn.
 
TradeTune said:
I'm not EL savy but if you don't get a good answer here, Why don't you post Your Question at tradestation Sub Forum " easylanugage and software Support" or send them email to support .
More...

Thats a good plan, I will do that, thanks.
 
Fonz said:
I am not a coder, but when you say " If Close > Average(Close,50)... then Buy next bar at market " you will have a buy at every single bar after the Close is > at average... because the condition is still true at every bar until market reverse to "close < average..."
You could say "if close crosses under average... "

Like others, I agree that you should take the time to look at Tradestation easylanguage forum. This is a great way to learn.
More...

That would be true if I didn’t have the market position conditional in there, which means only buy if no position. So it shouldn’t be entering in each bar unless something is happening within the bar.

Thanks
 
Maybe you have to indicate how many bars Ago,.... If Close > Average(Close,50)[2]

and then use "Bars since Entry" so it will not trigger a new signals everytime that condition is True, as long as you are in a position and you wish not to add new Position again.
 
Handle123 said:
Isn't TS on version 10?
More...

yes ... nearly a year. But unfortunatly Many people use a crack version of Tradestation 9.5 , for TS 10 it is not available yet.

That's main reason, most people don't help traders ask for EL code help, specially Tradestation Rep stop supporting Non-TS forums.
 
Last edited:
eddyb said:
Yes but I signed up through Tradestation global for the cheaper trading commissions and thats what it comes with unfortunately.
More...
No the unfortunate part is if you were on TS Ver 10. Ver 9.5 is much less glitchy much more stable.

Nonetheless your code has entries but no exit. So it enters and enters and ...
 
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