Code to exit position after 30 bars if long still in profit

• 07/01/2024 at 9:26 AM #234631
  Kovit

  Hi guys

  Please can someone help with this bit of coding I’ve used something similar for breakeven but wanted to try something that would exit long position if the price started to retrace after so many bars but whilst still being in profit.

  Thanks in advance.

   

  

  Kovit

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  07/01/2024 at 1:50 PM #234645
  Iván

  Hi!
  with this code you can control the number of bars inside the trade:

  once n=0 if not onmarket and close crosses over average[20](close) then buy 1 contract at market endif if onmarket then n=n+1 if n>=30 then sell at market n=0 endif endif

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  once n=0   if not onmarket and close crosses over average[20](close) then buy 1 contract at market endif   if onmarket then n=n+1 if n>=30 then sell at market n=0 endif endif

  If you want also be in profit>0 you can add this:

  if n>=30 and positionperf>0 then sell at market n=0 endif

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  if n>=30 and positionperf>0 then sell at market n=0 endif

  1 user thanked author for this post.

  Kovit

  

  Iván

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  07/01/2024 at 2:01 PM #234650
  Kovit

  Thank you Ivan. 🙂

  

  Kovit

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