Counters for Winning Trades and Losing Trades

[RiskyBuisness]

I would like to add counters to a strategy for winning trades and losing trades.

I would reset the winning counter when a losing trade occurs and reset the losing counter when a winning trade occurs.

If someone could explain it to me like I'm 5 years old, that would be greatly appreciated.

[RiskyBuisness]

Below is what I have so far but they do not seem to be counting.

if (SystemPerformance.RealTimeTrades.Count > 0)
{
// Check to make sure there is at least one trade in the collection
Trade lastTrade = SystemPerformance.RealTimeTrades[SystemPerformance.RealTimeTrades.Count - 1];

// Calculate the PnL for the last completed real-time trade
double lastProfitCurrency = lastTrade.ProfitCurrency;

// Store the quantity of the last completed real-time trade
double lastTradeQty = lastTrade.Quantity;

if (lastTrade.ProfitCurrency > 0)
{
WinningTrades++;
}

else if (lastTrade.ProfitCurrency < 0)
{
LosingTrades++;
}

[RiskyBuisness]

This is how I'm resetting them which may also be the problem.

priorTrades = SystemPerformance.AllTrades.Count;

if ((WinningTrades >= 1) && SystemPerformance.AllTrades.Count != priorTrades)
{
LosingTrades = 0;
}

if ((LosingTrades >= 1) && SystemPerformance.AllTrades.Count != priorTrades)
{
WinningTrades = 0;
}

[Borgen]

"I would reset the winning counter when a losing trade occurs and reset the losing counter when a winning trade occurs."

So that would be this if I understand you correctly:

if (lastTrade.ProfitCurrency > 0)
{
      WinningTrades++;
       LosingTrades = 0;
}

else if (lastTrade.ProfitCurrency < 0)
{
      LosingTrades++;
      WinningTrades = 0;
}​​

[RiskyBuisness]

Thanks, I appreciate that. I tried it and it worked.