entryprice() -+ will not close correctley

[Goingdark365]

*correctly

Hey guys I created a strategy trying to exit entryprice() +-3, I’m using this on /es and Range chart

Problem I’m having is it closes the trade on next candle when triggered, or sometimes completely misses

Any work around that you guys can recommend??

I plotted the target with red horizontal and stop with red horizontal sometimes its close but not always

here is one completely missed target and got stopped

def h = high ;
def l = low;
def c = close ;
def o = open ;
def v = volume;

def down  = h <= h[1] and l < l[1];
def down_green =  down and c > o;

def rvol_Type = AverageType.SIMPLE;
input RVol_length = 10 ;
def AvgVol = MovingAverage(rvol_Type, v, RVol_length);
def CurrentToAvg = Round(v / AvgVol);

def rv1 = 1.6;
def rv2 = 2.0;
def rv3 = 2.6;

def displace = 0;
def length = 20;
def Num_Dev_Dn = -2.0;
def Num_Dev_up = 2.0;
def averageType = AverageType.Simple;

def sDev = stdev(data = c[-displace], length = length);
def MidLine = MovingAverage(averageType, data = c[-displace], length = length);
def LowerBand = MidLine + num_Dev_Dn * sDev;
def UpperBand = MidLine + num_Dev_Up * sDev;


input target = 3;
input stop = 3;
input qty = 1;

def LE =  down_green and  CurrentToAvg > rv2 and low < lowerband;
def lpt = close crosses entryprice() + target;
def stp = close crosses entryprice() - stop;

def longtargetx =  if LE then  close + target  else 0;
plot longtargetxx = longtargetx;
  longtargetxx.SetDefaultColor(Color.green);
  longtargetxx.SetPaintingStrategy(PaintingStrategy.hoRIZONTAL);

def longstopx = if LE  then close - STOP else 0 ;
plot longstopxx = longstopx;
   longstopxx.SetDefaultColor(Color.light_RED);
   longstopxx.SetPaintingStrategy(PaintingStrategy.hoRIZONTAL);


addOrder(OrderType.buy_TO_OPEN, le, tickColor = GetColor(0),  name = ";LE;", arrowColor = color.cyan);

AddOrder(OrderType.SELL_TO_CLOSE, lpt, tradeSize = qty, name = ";LPT;",arrowColor = color.green);

AddOrder(OrderType.SELL_TO_CLOSE, stp ,tradeSize = qty, name = ";LSTP;",arrowColor = color.red);

 

[SilverWolf]

Made a couple changes... check it out:

def h = high ;
def l = low;
def c = close ;
def o = open ;
def v = volume;

def down  = h <= h[1] and l < l[1];
def down_green =  down and c > o;

def rvol_Type = AverageType.SIMPLE;
input RVol_length = 10 ;
def AvgVol = MovingAverage(rvol_Type, v, RVol_length);
def CurrentToAvg = Round(v / AvgVol);

def rv1 = 1.6;
def rv2 = 2.0;
def rv3 = 2.6;

def displace = 0;
def length = 20;
def Num_Dev_Dn = -2.0;
def Num_Dev_up = 2.0;
def averageType = AverageType.Simple;

def sDev = stdev(data = c[-displace], length = length);
def MidLine = MovingAverage(averageType, data = c[-displace], length = length);
def LowerBand = MidLine + num_Dev_Dn * sDev;
def UpperBand = MidLine + num_Dev_Up * sDev;

def entryPrice = EntryPrice();

input target = 3;
input stop = 3;
input qty = 1;

def LE =  down_green and  CurrentToAvg > rv2 and low < lowerband;
def lpt = close[-1] crosses entryprice[-1] + target;
def stp = close[-1] crosses entryprice[-1] - stop;

def longtargetx =  if LE then  close + target  else 0;
plot longtargetxx = longtargetx;
  longtargetxx.SetDefaultColor(Color.green);
  longtargetxx.SetPaintingStrategy(PaintingStrategy.hoRIZONTAL);

def longstopx = if LE  then close - STOP else 0 ;
plot longstopxx = longstopx;
   longstopxx.SetDefaultColor(Color.light_RED);
   longstopxx.SetPaintingStrategy(PaintingStrategy.hoRIZONTAL);


addOrder(OrderType.buy_TO_OPEN, le, tickColor = GetColor(0),  name = ";LE;", arrowColor = color.cyan);

AddOrder(OrderType.SELL_TO_CLOSE, lpt, tradeSize = qty, name = ";LPT;", price = entryPrice[-1] + target, arrowColor = color.green);

AddOrder(OrderType.SELL_TO_CLOSE, stp ,tradeSize = qty, name = ";LSTP;", price = entryPrice[-1] - stop, arrowColor = color.red);

 

[Goingdark365]

@SilverWolf thank you seems to work, question the[-1] is a used for next bar right ?

 

[Goingdark365]

ok so when i use shorter aggregation 10 day seems to work but a 30 day it misses signals