After Consecutive Losses?

[tolarius]

Can someone help out with this configuration/idea?

After a list of conditions have been met, I want to check that if there have been X amount of consecutive losses, if so then wait X amount of time to re-run the blocks (I would have this set on every bar, and reset the consecutive loss counter back to 0.

If there is less than X consecutive losses, then move forward with the trade.

[fxDreema]

There is a block to check consecutive losses. If the "wait X amount of time" is the hard thing to do, then try this block "Skip Ticks"

[tolarius]

How does the counter for consecutive losses reset? Since no trade will enter, every time it runs it will still see the last three losses, right?

[decopain]

@fxdreema The program stops and does continue after the "Skip Ticks" time amount has passed. Any idea how to get it started again after the specified time.

[l'andorrà]

@decopain Can you please share your project?

[decopain]

@l-andorrà i was able to fix it after a bit of tinkering and searching the forum. Thanks. If anyone is wondering using just the "consecutive losses" block and the "skip ticks" block solved my problem.

[jrpscanavini]

@decopain said in After Consecutive Losses?:

skip ticks

Guys, I am using the same idea above but I am having problems. I check if it has 2 consecutive losses, then I skip ticks. but, the EA do not come back to trade anymore after the time Ive put on the skip ticks. What do I need to do to make my EA trade after the hours spent defined on the skip ticks?
https://fxdreema.com/shared/X7Y879e6c

[l'andorrà]

@decopain Thank you for sharing.

[l'andorrà]

@jrpscanavini Never used that skip ticks block before. Technically it should work as designed. Do you want to stop anuy trading for 8 hours after 2 consecutive losses, right?

[jrpscanavini]

@l-andorrà exactly! Because I think that if I made 2 consecutive losses, I think is not a good day to keep trading. So, I prefer to come back on next day. Do you know how to make work this idea? thanks

[OntradingX]

@jrpscanavini

https://fxdreema.com/shared/m47kjm9uc
Try to take advantage of something in this project of mine to see if it helps you with your goal.
If there were any doubts let me know.

[l'andorrà]

@jrpscanavini This is another way to get it:

https://fxdreema.com/shared/KoZ4XoeUd

[jrpscanavini]

Guys, thanks for the help. I will try and get back to you if it works.

[l'andorrà]

@jrpscanavini You're welcome.

[QuantalphaAlgorithms]

@l-andorrà Thank you for this. This is what I need.

[l'andorrà]

@QuantalphaAlgorithms You're welcome...three years later

[QuantalphaAlgorithms]

@l-andorrà HAHAHA

It seems like you're active here. Really love all your inputs in different comment sections! It was nice bro! the community has so much learning from you!

[l'andorrà]

@QuantalphaAlgorithms You're welcome, man!