Long until target profit

• 07/09/2016 at 10:29 AM #10346
  wolf

  Please help, I need it so when my code goes long, it stays long until a target profit is achieved. My code at the moment will go long but then will be overridden by a short whenever the terms for going short are met but this is wrong.

  Please help, thanks

  Picture of scenario: https://gyazo.com/31e89bfce217cd811ad21430e27a9404

  defparam preloadbars = 150 defparam CUMULATEORDERS = false indicator1 = ExponentialAverage[20](close) indicator2 = ExponentialAverage[100](close) //buy condition cBuy = (high CROSSES OVER indicator1) //sell condition cSell = (indicator1 CROSSES over indicator2) //stop loss and take profit set target $profit 1000 If cbuy then sellshort 11 perpoint at market endif If csell then exitshort at market endif if csell then buy 11 perpoint at market endif if cbuy then sell at market endif

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  defparam preloadbars = 150 defparam CUMULATEORDERS = false     indicator1 = ExponentialAverage[20](close) indicator2 = ExponentialAverage[100](close)     //buy condition cBuy = (high CROSSES OVER indicator1)   //sell condition cSell = (indicator1 CROSSES over indicator2)   //stop loss and take profit   set target $profit 1000       If cbuy then sellshort 11 perpoint at market endif   If csell then exitshort at market endif   if csell then buy 11 perpoint at market endif   if cbuy then sell at market endif

   

   

  

  wolf

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  07/09/2016 at 10:55 PM #10367
  David

  You should include the following:

  If NOT LONGONMARKET/SHORTONMARKET THEN…

  eg.

  <span class="token keyword">If</span> NOT LONGONMARKET AND cbuy <span class="token keyword">then</span> <span class="token keyword">sellshort</span> <span class="token number">11</span> perpoint <span class="token keyword">at</span> <span class="token keyword">market</span> <span class="token keyword">endif And vice virsa for a long entry. This way they won't cancel each other out.</span>

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  <span class="token keyword">If</span> NOT LONGONMARKET AND cbuy <span class="token keyword">then</span> <span class="token keyword">sellshort</span> <span class="token number">11</span> perpoint <span class="token keyword">at</span> <span class="token keyword">market</span> <span class="token keyword">endif   And vice virsa for a long entry.   This way they won't cancel each other out.</span>

  

  David

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  07/15/2016 at 7:49 PM #10495
  Derek

  In addition to dwgfx comment you can also run two different systems: one for short positions and one for long positions.

  This “costs” you an additional slot of your maximum number of trading Systems but you can also optimize both types of trades completely separate.

  

  Derek

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