Manually webhook is triggering the order but from pine script order is not triggering at all
but both I got alert logs and massage properly
dynamic (pine script) not triggering the order only getting only alert
Where I am doing mistake please help
The alert message needs to have only this place holder - {{strategy.order.alert_message}}
OK thank you sir I am checking with this
//@version=5
strategy("Supertrend Strategy", overlay=true, default_qty_type=strategy.percent_of_equity, default_qty_value=1)
var bool tradeCompleted = false
atrPeriod = input(10, "ATR Length")
factor = input.float(3.0, "Factor", step = 0.01)
[st, direction] = ta.supertrend(factor, atrPeriod)
buy = ta.change(direction) < 0
sell = ta.change(direction) > 0
short = sell
cover = buy
buyjson ='{"secret":"8IVNO","alertType":"multi_leg_order","order_legs":[{"transactionType":"B","orderType":"MKT","quantity":"1","exchange":"MCX","symbol":"GOLDPETAL1!","instrument":"FUT","productType":"M","sort_order":"1","price":"0"}]}'
shortjson ='{"secret":"8IVNO","alertType":"multi_leg_order","order_legs":[{"transactionType":"S","orderType":"MKT","quantity":"1","exchange":"MCX","symbol":"GOLDPETAL1!","instrument":"FUT","productType":"M","sort_order":"1","price":"0"}]}'
if (not tradeCompleted)
if (strategy.position_size == 0)
if (buy)
strategy.order("buy", strategy.long, alert_message = buyjson)
if (short)
strategy.order("short", strategy.short, alert_message = shortjson)
if (strategy.position_size > 0)
if (sell)
strategy.order("sell", strategy.short, alert_message = shortjson)
tradeCompleted := true
if (buy)
strategy.order("cover", strategy.long, alert_message = buyjson)
tradeCompleted := true
plot(st, color = direction == -1 ? color.green : color.red)
@t7support
Sir I have modified the code for one time execution
var bool tradeCompleted = false
entering the trade when
if (not tradeCompleted)
just before exit making it true
I will check on live trading day
Is it Okey Sir ?
@Subhajitpanja I am assuming you want to place only one closed trade (buy and sell once each) everyday and not just one trade throughout the life time of the set alert. Correct ?
U r code simply won’t work. This is because execution model and variable state persistence is different than a normal software program.
If you want to limit the number of intraday trades then simply use this function with trade count set to 2 (for one closed trade).
strategy.risk.max_intraday_filled_orders(2)
@t7support Thank you sir for reply. Be honest I did not think much. I thought that I will enter the trade on Supertrend(/50EMA,200EMA) crossover signal and exit also only based on the signal. But entry and exit should be one time.
Means single trade entry and square it off.
If I need to take next trade then I need to run the strategy again. Beyond any time frame like Day, Hour, etc.
Now I am thinking trade can be execute three way
Sir, I will read pine script execution model. I got your point also intraday basis.
If I want to do positional basis still it will not work my code right ?
I didn’t get u. U r taking only one closed trade - buy + sell. Then if you want both entry buy and exit sell at the same time it is as good as no trade except for the incidence of transaction charges.
If on the contrary the intention is to just have one buy and sell in a day u can just use this function I suggested earlier
One complete trade = entry + exit
strategy without any specific period.
( I have asked you sir : If I want to do positional basis still it will not work my code right ?)
Sir, Please reply point 1 also I am thinking wrong way or not
date and time (EX: Thursday 3:15 all square off ).
Yes, point no 3 is confusing I know.
Let me try put an example
Suppose I want to take Bull call spread trade tomorrow (24-09-2024 after 9:30AM) and want exit based some indicator condition if fulfill the condition otherwise next week Thursday 3:15 PM I will square it off.
@t7support
Don’t worry what I am thinking. Just tell me what is right what is wrong.
I want to learn that’s all. Sir
Strategy always runs based on the timeframe of your chart. It executes once every closed historical candle and on every tick for a real time bar. U can do positional if u code accordingly.
Time and day based signals can also be generated in tandem with risk management functions TV provides. It all depends on how u code with pine.
:+1