How can i modify trailing stop ATR based when i will be in profit

• 04/27/2016 at 8:19 PM #6121
  lenny66

  Hello to all,
  I have a trailing stop ATR based and would like to modify it
  (Lowering the ATR) multiplier to get out earlier if you turn when i’m in profit
  to avoid going in loss.

  Could you tell me how to do it, please, to find out if I’m in profit and how much euro?
  This is the trailing stop code:

  //default parameter values: //ATRmoltiplicatore=1.9 //ATRperiodo=5 myhigh = highest[3](high) - ATRmoltiplicatore*(AverageTrueRange[ATRperiodo](close)) IF (mytot > low) THEN myx = 0 ELSE myx = myx + 0.03 ENDIF myextra = (myx[1])*(AverageTrueRange[ATRperiodo](close)) mytot = myhigh + myextra RETURN mytot

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  //default parameter values: //ATRmoltiplicatore=1.9 //ATRperiodo=5   myhigh = highest[3](high) - ATRmoltiplicatore*(AverageTrueRange[ATRperiodo](close)) IF (mytot > low) THEN myx = 0 ELSE myx = myx + 0.03 ENDIF myextra = (myx[1])*(AverageTrueRange[ATRperiodo](close)) mytot = myhigh + myextra RETURN mytot

   

  thanks

  

  lenny66

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  04/28/2016 at 7:43 AM #6127
  Nicolas

  You can calculate the actual position profit by making the difference between the open price of a position with TRADEPRICE and the actual close.

  Then, multiply this difference with the point value of the instrument : POINTVALUE

  And you’ll get the profit of the current position, but without fees of course

  

  Nicolas

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  05/02/2016 at 10:19 PM #6363
  lenny66

  Hi Nicolas,

  thank you very much.

  best regards,

  Aldo

  

  lenny66

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  09/27/2016 at 8:13 PM #13823
  andrea1981

  Do you have an example? because I create a code that is the same….but it doesn’t work….

  

  andrea1981

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