how to code takeprofit and stoploss?

• 07/01/2017 at 3:29 PM #39546
  CHIFHE

  how do i write a code  to take a profit on long when prices moves up 250 pips

  and on short 250 pips and then stop loss on both when prices moves against the trade 250.

   

  ratio is 1:1

  

  CHIFHE

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  07/01/2017 at 4:38 PM #39554
  GraHal

  Set stop pprofit 250 Set stop ploss 250

  1 2	Set stop pprofit 250 Set stop ploss 250

   

  

  GraHal

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  07/01/2017 at 6:16 PM #39558
  CHIFHE

  Thank you very much

  

  CHIFHE

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  07/01/2017 at 6:38 PM #39562
  CHIFHE

  grahal, i am still having an error on my program, can you please assists

   

  // Conditions to enter long positions indicator1 = Cycle(close) c1 = (indicator1 CROSSES OVER -20) indicator2 = CCI[20] c2 = (indicator2 CROSSES OVER -100) indicator3 = Cycle(close) c3 = (indicator3 CROSSES OVER 0) IF c1 OR c2 OR c3 THEN BUY 2 CONTRACT AT MARKET ENDIF // Conditions to exit long positions Set stop Pprofit 250 Set stop ploss 250 endif // Conditions to enter short positions indicator5 = Cycle(close) c5 = (indicator5 CROSSES UNDER 20) indicator6 = CCI[20] c6 = (indicator6 CROSSES UNDER 100) indicator7 = Cycle(close) c7 = (indicator7 CROSSES UNDER 0) IF c5 OR c6 OR c7 THEN SELLSHORT 2 CONTRACT AT MARKET ENDIF // Conditions to exit short positions Set stop Pprofit 250 Set stop ploss 250 ENDIF

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37

  // Conditions to enter long positions indicator1 = Cycle(close) c1 = (indicator1 CROSSES OVER -20) indicator2 = CCI[20] c2 = (indicator2 CROSSES OVER -100) indicator3 = Cycle(close) c3 = (indicator3 CROSSES OVER 0)   IF c1 OR c2 OR c3 THEN BUY 2 CONTRACT AT MARKET ENDIF   // Conditions to exit long positions Set stop Pprofit 250 Set stop ploss 250       endif   // Conditions to enter short positions indicator5 = Cycle(close) c5 = (indicator5 CROSSES UNDER 20) indicator6 = CCI[20] c6 = (indicator6 CROSSES UNDER 100) indicator7 = Cycle(close) c7 = (indicator7 CROSSES UNDER 0)   IF c5 OR c6 OR c7 THEN SELLSHORT 2 CONTRACT AT MARKET ENDIF   // Conditions to exit short positions Set stop Pprofit 250 Set stop ploss 250   ENDIF

   

  

  CHIFHE

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  07/01/2017 at 9:33 PM #39565
  GraHal

  You’ve got two IFs and 4 EndIfs … is that the problem?

  Also please use the <> Insert PRT Code button to add code to this page as then your code will be formatted and also in colour and will then be so much easier to read 🙂

  1 user thanked author for this post.

  Nicolas

  

  GraHal

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  07/03/2017 at 9:21 AM #39646
  Nicolas

  GraHal is right, your 2 ENDIF at lines 19 and 37 should not be present.

  

  Nicolas

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  07/03/2017 at 12:05 PM #39675
  CHIFHE

  Thanks guys, now is perfect. I appreciate your help.

   

  

  CHIFHE

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  07/03/2017 at 12:51 PM #39681
  GraHal

  Also it should be (target not stop) my mistake, sorry.

  Set target pprofit 250

  1	Set target pprofit 250

   

  

  GraHal

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  07/03/2017 at 1:25 PM #39691
  GraHal

  What Market and Timeframe is this Strategy optimised for please CHIFHE? I’m developing an affinity for it now! 🙂

  Thanks
  GraHal

  

  GraHal

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  07/03/2017 at 1:50 PM #39698
  CHIFHE

  is SA40 Grahal, I was doing trial and error on it. May be you can help to achieve more that 65 % on back testing it. is a 2hrs time frame.

   

  Regards

  

  CHIFHE

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