Set a stop loss of x €,$ (in the currency of the instrument).
Syntax:
|
1 |
SET STOP $LOSS x |
Example :
|
1 2 3 4 5 6 7 8 9 |
myMACD = MACD[12,26,9](close) long = myMACD crosses over 0 IF NOT LongOnMarket AND long THEN BUY 1 CONTRACTS AT MARKET ENDIF //set stop loss at 200$ loss SET STOP $LOSS 200 |
Set a target profit of x €,$ (in the currency of the instrument).
Syntax:
|
1 |
SET TARGET $PROFIT x |
Example :
|
1 2 3 4 5 6 7 8 9 |
myMACD = MACD[12,26,9](close) long = myMACD crosses over 0 IF NOT LongOnMarket AND long THEN BUY 1 CONTRACTS AT MARKET ENDIF //set profit target at 100$ SET TARGET $PROFIT 100 |
Set a trailing stop of x €,$ (in the currency of the instrument).
Syntax:
|
1 |
SET STOP $TRAILING x |
Example:
We are setting here a trailing stop at 100$ from the current average price
|
1 2 3 4 5 6 7 8 9 10 11 12 |
//indis i1 = average(close)[100] i2 = average(close)[5] tradeinitiate = Close>i1 AND Close<i2 AND Low[3]>Low[2] AND Low[2]>Low[1] AND Low[1]>Low IF NOT LongOnMarket AND tradeinitiate THEN BUY 1 CONTRACTS AT MARKET ENDIF //set stop loss trailing at 100$ from the current average price SET STOP $TRAILING 100 |
Set a stop loss x% from the average position price.
Note: the % loss is calculated and placed individually for each order with IG or PRT-CFD.
Syntax:
|
1 |
SET STOP %LOSS x |
Example :
|
1 2 3 4 5 6 7 8 9 |
myMACD = MACD[12,26,9](close) long = myMACD crosses over 0 IF NOT LongOnMarket AND long THEN BUY 1 CONTRACTS AT MARKET ENDIF //set stop loss at 2% from the average position price SET STOP %LOSS 2 |
Set a target profit x% from the average position price.
Note: the % profit is calculated and placed individually for each order with IG or PRT-CFD.
Syntax:
|
1 |
SET TARGET %PROFIT x |
Example :
|
1 2 3 4 5 6 7 8 9 |
myMACD = MACD[12,26,9](close) long = myMACD crosses over 0 IF NOT LongOnMarket AND long THEN BUY 1 CONTRACTS AT MARKET ENDIF //set a target profit at 2% from the average position price SET TARGET %PROFIT 2 |
Allows you to set a protective stop at the entry price of the current position (SET STOP)
or a protective target in case of a position in loss (SET TARGET)
Instruction to open a long position.
Syntax:
|
1 |
BUY x SHARES |
Example :
|
1 2 3 |
IF NOT LongOnMarket AND LongConditions THEN BUY 1 SHARES AT MARKET ENDIF |
Amount of cash used in the position.
Syntax:
|
1 |
BUY x CASH |
Designates the number of contracts to buy. Equivalent to ‘SHARES’.
Syntax:
|
1 |
CONTRACT |
$LOSS
