Exit conditions, either profitable or timestop

• 11/16/2023 at 7:42 PM #223838
  sebb9707

  Hi,

  I’m trying to write exit conditions that either closes the position at close if it is profitable OR closes the positions after N days. How would that look in code?

  Best Regards,
  Sebastian

  

  sebb9707

  Participant

  Topics: 4

  Replies: 5

  Been thanked: 1 time
  11/16/2023 at 10:35 PM #223846
  JS

  Hi,

  If LongOnMarket and (Close - TradePrice(1)) > X then Sell at Market EndIf If ShortOnMarket and (TradePrice(1) – Close) > X then ExitShort at Market EndIf If NOT OnMarket[1] and OnMarket then xStartBar = BarIndex EndIf If BarIndex – xStartBar > X then Sell at Market ExitShort at Market 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

  If LongOnMarket and (Close - TradePrice(1)) > X then   Sell at Market   EndIf   If ShortOnMarket and (TradePrice(1) – Close) > X then   ExitShort at Market   EndIf   If NOT OnMarket[1] and OnMarket then   xStartBar = BarIndex   EndIf   If BarIndex – xStartBar > X then   Sell at Market   ExitShort at Market   EndIf

   

   

  

  JS

  Participant

  Topics: 26

  Replies: 1716

  Been thanked: 777 times
  11/17/2023 at 9:48 PM #223877
  sebb9707

  Thanks for your assistance!

  Best regards,
  Sebastian

  1 user thanked author for this post.

  JS

  

  sebb9707

  Participant

  Topics: 4

  Replies: 5

  Been thanked: 1 time
• Author
  Posts