Multiple entry executions but only trailing SL on one

• 11/15/2024 at 3:33 PM #240405
  Crazzycameel

  Hello!

  I am currently working on a long only strategy, where I have two different entry executions, for reference they look like this:

  entry method 1:

  if time >= timestart and time < timeend then IF DAYCALL and bulltrend and golong and CB1H and close > entry1 and not longonmarket then buy positionsize contract at market SET STOP %LOSS 1.3 SET TARGET %PROFIT 2.15 ENDIF ENDIF

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  if time >= timestart and time < timeend then IF DAYCALL and bulltrend and golong and CB1H and close > entry1 and not longonmarket then buy positionsize contract at market SET STOP %LOSS 1.3 SET TARGET %PROFIT 2.15 ENDIF ENDIF

  and

  entry method 2:

  if DAYCALL and Rev1 and BollTrig0 and trendup and not longonmarket then buy positionsize contract at market SET STOP %LOSS 1.3 SET TARGET %PROFIT 2.15 ENDIF

  1 2 3 4 5

  if DAYCALL and Rev1 and BollTrig0 and trendup and not longonmarket then buy positionsize contract at market SET STOP %LOSS 1.3 SET TARGET %PROFIT 2.15 ENDIF

   

  currently I am managing stoploss with a trailing SL that looks like this:

  //trailing stop function trailingstart = 20 //trailing will start @trailinstart points profit trailingstep = 6 //trailing step to move the "stoploss" //reset the stoploss value IF NOT ONMARKET THEN newSL=0 ENDIF //manage long positions IF LONGONMARKET THEN //first move IF newSL=0 AND close-tradeprice(1)>=trailingstart*pipsize THEN newSL = tradeprice(1)+trailingstep*pipsize ENDIF //next moves IF newSL>0 AND close-newSL>=trailingstep*pipsize THEN newSL = newSL+trailingstep*pipsize ENDIF ENDIF //stop order to exit the positions IF newSL>0 THEN SELL AT newSL STOP 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

  //trailing stop function trailingstart = 20 //trailing will start @trailinstart points profit trailingstep = 6 //trailing step to move the "stoploss" //reset the stoploss value IF NOT ONMARKET THEN newSL=0 ENDIF //manage long positions IF LONGONMARKET THEN //first move IF newSL=0 AND close-tradeprice(1)>=trailingstart*pipsize THEN newSL = tradeprice(1)+trailingstep*pipsize ENDIF //next moves IF newSL>0 AND close-newSL>=trailingstep*pipsize THEN newSL = newSL+trailingstep*pipsize ENDIF ENDIF //stop order to exit the positions IF newSL>0 THEN SELL AT newSL STOP ENDIF

   

  however this makes it so that applies to both entry methods, I would only like to have trailing SL for entry method 1, where as entry method 2, i just want SL to be put breakeven and never move again.

  Is there any solution to distinguish this?

   

  best regards

  Jonathan

  

  Crazzycameel

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  11/16/2024 at 3:35 PM #240410
  Anjuna Marine

  You could run two separate strategies? Keep it simple.

  

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  11/16/2024 at 9:10 PM #240415
  Crazzycameel

  unfortunately not, as i dont want there to be a scenario where they execute at the same time

  

  Crazzycameel

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  11/16/2024 at 9:35 PM #240416
  GraHal

  Try …

  Method1 = 1 If Method1 Then if time >= timestart and time < timeend then IF DAYCALL and bulltrend and golong and CB1H and close > entry1 and not longonmarket then buy positionsize contract at market SET STOP %LOSS 1.3 SET TARGET %PROFIT 2.15 ENDIF ENDIF //trailing stop function trailingstart = 20 //trailing will start @trailinstart points profit trailingstep = 6 //trailing step to move the "stoploss" //reset the stoploss value IF NOT ONMARKET THEN newSL=0 ENDIF //manage long positions IF LONGONMARKET THEN //first move IF newSL=0 AND close-tradeprice(1)>=trailingstart*pipsize THEN newSL = tradeprice(1)+trailingstep*pipsize ENDIF //next moves IF newSL>0 AND close-newSL>=trailingstep*pipsize THEN newSL = newSL+trailingstep*pipsize ENDIF ENDIF //stop order to exit the positions IF newSL>0 THEN SELL AT newSL STOP ENDIF ENDIF

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  Method1 = 1 If Method1 Then if time >= timestart and time < timeend then IF DAYCALL and bulltrend and golong and CB1H and close > entry1 and not longonmarket then buy positionsize contract at market SET STOP %LOSS 1.3 SET TARGET %PROFIT 2.15 ENDIF ENDIF //trailing stop function trailingstart = 20 //trailing will start @trailinstart points profit trailingstep = 6 //trailing step to move the "stoploss" //reset the stoploss value IF NOT ONMARKET THEN newSL=0 ENDIF //manage long positions IF LONGONMARKET THEN //first move IF newSL=0 AND close-tradeprice(1)>=trailingstart*pipsize THEN newSL = tradeprice(1)+trailingstep*pipsize ENDIF //next moves IF newSL>0 AND close-newSL>=trailingstep*pipsize THEN newSL = newSL+trailingstep*pipsize ENDIF ENDIF //stop order to exit the positions IF newSL>0 THEN SELL AT newSL STOP ENDIF ENDIF

   

  

  GraHal

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  11/16/2024 at 11:02 PM #240417
  Crazzycameel

  does unfortunately not do it. Method 2 still trails the stoploss the same way. but i think you you’re onto something about defining the different methods to split them up, im just not very experience on that end yet

  

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  11/17/2024 at 9:01 AM #240419
  GraHal

  Method1 = 1 If Method1 Then if time >= timestart and time < timeend then IF DAYCALL and bulltrend and golong and CB1H and close > entry1 and not longonmarket then buy positionsize contract at market SET STOP %LOSS 1.3 SET TARGET %PROFIT 2.15 ENDIF ENDIF //trailing stop function trailingstart = 20 //trailing will start @trailinstart points profit trailingstep = 6 //trailing step to move the "stoploss" //reset the stoploss value IF NOT ONMARKET THEN newSL=0 ENDIF //manage long positions IF LONGONMARKET THEN //first move IF newSL=0 AND close-tradeprice(1)>=trailingstart*pipsize THEN newSL = tradeprice(1)+trailingstep*pipsize ENDIF //next moves IF newSL>0 AND close-newSL>=trailingstep*pipsize THEN newSL = newSL+trailingstep*pipsize ENDIF ENDIF //stop order to exit the positions IF newSL>0 THEN SELL AT newSL STOP ENDIF ENDIF Method2 = 1 If Method2 Then if DAYCALL and Rev1 and BollTrig0 and trendup and not longonmarket then buy positionsize contract at market SET STOP %LOSS 1.3 SET TARGET %PROFIT 2.15 ENDIF 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 38 39 40 41 42 43 44 45

  Method1 = 1 If Method1 Then if time >= timestart and time < timeend then IF DAYCALL and bulltrend and golong and CB1H and close > entry1 and not longonmarket then buy positionsize contract at market SET STOP %LOSS 1.3 SET TARGET %PROFIT 2.15 ENDIF ENDIF //trailing stop function trailingstart = 20 //trailing will start @trailinstart points profit trailingstep = 6 //trailing step to move the "stoploss" //reset the stoploss value IF NOT ONMARKET THEN newSL=0 ENDIF //manage long positions IF LONGONMARKET THEN //first move IF newSL=0 AND close-tradeprice(1)>=trailingstart*pipsize THEN newSL = tradeprice(1)+trailingstep*pipsize ENDIF //next moves IF newSL>0 AND close-newSL>=trailingstep*pipsize THEN newSL = newSL+trailingstep*pipsize ENDIF ENDIF //stop order to exit the positions IF newSL>0 THEN SELL AT newSL STOP ENDIF ENDIF   Method2 = 1 If Method2 Then if DAYCALL and Rev1 and BollTrig0 and trendup and not longonmarket then buy positionsize contract at market SET STOP %LOSS 1.3 SET TARGET %PROFIT 2.15 ENDIF ENDIF

   

  

  GraHal

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  11/17/2024 at 9:30 AM #240420
  GraHal

  Try below to only take a position under one Method … I’ve not tested and not had coffee yet! 🙂

  Method1 = 1 If Method1 Then if time >= timestart and time < timeend then IF DAYCALL and bulltrend and golong and CB1H and close > entry1 and not longonmarket then buy positionsize contract at market Method2 = 0 SET STOP %LOSS 1.3 SET TARGET %PROFIT 2.15 ENDIF ENDIF //trailing stop function trailingstart = 20 //trailing will start @trailinstart points profit trailingstep = 6 //trailing step to move the "stoploss" //reset the stoploss value IF NOT ONMARKET THEN newSL=0 ENDIF //manage long positions IF LONGONMARKET THEN //first move IF newSL=0 AND close-tradeprice(1)>=trailingstart*pipsize THEN newSL = tradeprice(1)+trailingstep*pipsize ENDIF //next moves IF newSL>0 AND close-newSL>=trailingstep*pipsize THEN newSL = newSL+trailingstep*pipsize ENDIF ENDIF //stop order to exit the positions IF newSL>0 THEN SELL AT newSL STOP ENDIF ENDIF Method2 = 1 If Method2 Then if DAYCALL and Rev1 and BollTrig0 and trendup and not longonmarket then buy positionsize contract at market Method1 = 0 SET STOP %LOSS 1.3 SET TARGET %PROFIT 2.15 ENDIF 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 38 39 40 41 42 43 44 45 46 47

  Method1 = 1 If Method1 Then if time >= timestart and time < timeend then IF DAYCALL and bulltrend and golong and CB1H and close > entry1 and not longonmarket then buy positionsize contract at market Method2 = 0 SET STOP %LOSS 1.3 SET TARGET %PROFIT 2.15 ENDIF ENDIF //trailing stop function trailingstart = 20 //trailing will start @trailinstart points profit trailingstep = 6 //trailing step to move the "stoploss" //reset the stoploss value IF NOT ONMARKET THEN newSL=0 ENDIF //manage long positions IF LONGONMARKET THEN //first move IF newSL=0 AND close-tradeprice(1)>=trailingstart*pipsize THEN newSL = tradeprice(1)+trailingstep*pipsize ENDIF //next moves IF newSL>0 AND close-newSL>=trailingstep*pipsize THEN newSL = newSL+trailingstep*pipsize ENDIF ENDIF //stop order to exit the positions IF newSL>0 THEN SELL AT newSL STOP ENDIF ENDIF Method2 = 1 If Method2 Then if DAYCALL and Rev1 and BollTrig0 and trendup and not longonmarket then buy positionsize contract at market Method1 = 0 SET STOP %LOSS 1.3 SET TARGET %PROFIT 2.15 ENDIF ENDIF

   

  

  GraHal

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  11/17/2024 at 10:53 AM #240424
  GraHal

  Just had a shot of caffeine, this should work better (not tested) …

  If NOT onmarket Then Method1 = 1 Method2 = 1 If Method1 Then if time >= timestart and time < timeend then IF DAYCALL and bulltrend and golong and CB1H and close > entry1 and not longonmarket then buy positionsize contract at market Method2 = 0 SET STOP %LOSS 1.3 SET TARGET %PROFIT 2.15 ENDIF ENDIF //trailing stop function trailingstart = 20 //trailing will start @trailinstart points profit trailingstep = 6 //trailing step to move the "stoploss" //reset the stoploss value IF NOT ONMARKET THEN newSL=0 ENDIF //manage long positions IF LONGONMARKET THEN //first move IF newSL=0 AND close-tradeprice(1)>=trailingstart*pipsize THEN newSL = tradeprice(1)+trailingstep*pipsize ENDIF //next moves IF newSL>0 AND close-newSL>=trailingstep*pipsize THEN newSL = newSL+trailingstep*pipsize ENDIF ENDIF //stop order to exit the positions IF newSL>0 THEN SELL AT newSL STOP ENDIF ENDIF Method2 = 1 If Method2 Then if DAYCALL and Rev1 and BollTrig0 and trendup and not longonmarket then buy positionsize contract at market Method1 = 0 SET STOP %LOSS 1.3 SET TARGET %PROFIT 2.15 ENDIF ENDIF 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 38 39 40 41 42 43 44 45 46 47 48 49 50 51

  If NOT onmarket Then Method1 = 1 Method2 = 1   If Method1 Then if time >= timestart and time < timeend then IF DAYCALL and bulltrend and golong and CB1H and close > entry1 and not longonmarket then buy positionsize contract at market Method2 = 0 SET STOP %LOSS 1.3 SET TARGET %PROFIT 2.15 ENDIF ENDIF //trailing stop function trailingstart = 20 //trailing will start @trailinstart points profit trailingstep = 6 //trailing step to move the "stoploss" //reset the stoploss value IF NOT ONMARKET THEN newSL=0 ENDIF //manage long positions IF LONGONMARKET THEN //first move IF newSL=0 AND close-tradeprice(1)>=trailingstart*pipsize THEN newSL = tradeprice(1)+trailingstep*pipsize ENDIF //next moves IF newSL>0 AND close-newSL>=trailingstep*pipsize THEN newSL = newSL+trailingstep*pipsize ENDIF ENDIF //stop order to exit the positions IF newSL>0 THEN SELL AT newSL STOP ENDIF ENDIF Method2 = 1 If Method2 Then if DAYCALL and Rev1 and BollTrig0 and trendup and not longonmarket then buy positionsize contract at market Method1 = 0 SET STOP %LOSS 1.3 SET TARGET %PROFIT 2.15 ENDIF ENDIF ENDIF

   

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  GraHal

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  11/17/2024 at 11:09 AM #240429
  GraHal

  Delete Line 42 in above.

  

  GraHal

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  11/17/2024 at 1:49 PM #240434
  GraHal

  Also add below …

  GRAPH Method1 // add as Line 52 GRAPH Method2 // add as Line 53

  1 2	GRAPH Method1 // add as Line 52 GRAPH Method2 // add as Line 53

  If you want to post the .itf including your variables then I would test out on my Platform.

  Anybody feel free to add / join in etc.

  

  GraHal

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  11/17/2024 at 3:22 PM #240438
  GraHal

  So here we are, a question that is relevant to this Topic … using Nicolas Trailing Stop (as in the code above) with SELL AT newSL STOP at Line 38 … will the SET STOP %LOSS 1.3 at Line 10 still work?

  OR will the ‘Line 38 Stop instruction’ cancel / make redundant the ‘Line 10 Stop Instruction’??

  Anybody know or hazard a guess? 

  

  GraHal

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  11/17/2024 at 3:53 PM #240439
  Crazzycameel

  Have dropped the ITF below, and the full strategy code following:

  //RUNS ON 1HOUR TIMEFRAME defparam cumulateorders = false defparam preloadbars = 10000 positionsize = 8 timestart = 090000 timeend = 220000 TIMEFRAME (DAILY) clxd, ignored, ignored, ignored, ignored, ignored, ignored, ignored, ignored, ignored, ignored, ignored, ignored, ignored, ignored = CALL "Clean SP x ML ON v2 Indicator" TIMEFRAME (DAILY, updateonclose) ignored, nobuy, dshortframe, dlongframe, bulltrend, DaytriggerBULL, DAYCALL, ignored, ignored, ignored,ignored, ignored, ignored, ignored, ignored = CALL "Clean SP x ML ON v2 Indicator" TIMEFRAME (4 hour) ignored, ignored, ignored, ignored, ignored, ignored, ignored, clx4, ignored, ignored, ignored, ignored, ignored, ignored, ignored = CALL "Clean SP x ML ON v2 Indicator" TIMEFRAME (DEFAULT) ignored, ignored, ignored, ignored, ignored, ignored, ignored, ignored, cp, CB1H, entry1, Rev1, BollTrig0, trendup, nodayentry = CALL "Clean SP x ML ON v2 Indicator" golong = (close < nobuy) //ENTRY METHOD 1 if time >= timestart and time < timeend then IF DAYCALL and bulltrend and golong and CB1H and close > entry1 and not longonmarket then buy positionsize contract at market SET STOP %LOSS 1.3 SET TARGET %PROFIT 2.15 ENDIF ENDIF //ENTRY METHOD 2 if DAYCALL and Rev1 and BollTrig0 and trendup and not longonmarket then buy positionsize contract at market SET STOP %LOSS 1.3 SET TARGET %PROFIT 2.15 ENDIF //TRAILING STOP function. WANT TO USE THIS ONE FOR METHOD 1. trailingstart = 20 //trailing will start @trailinstart points profit trailingstep = 6 //trailing step to move the "stoploss" //reset the stoploss value IF NOT ONMARKET THEN newSL=0 ENDIF //manage long positions IF LONGONMARKET THEN //first move IF newSL=0 AND close-tradeprice(1)>=trailingstart*pipsize THEN newSL = tradeprice(1)+trailingstep*pipsize //(minus för att pris ska bli BE på execution, eftersom både denna och den undre exekverar+6 i första rörelsen) ENDIF //next moves IF newSL>0 AND close-newSL>=trailingstep*pipsize THEN newSL = newSL+trailingstep*pipsize ENDIF ENDIF //stop order to exit the positions IF newSL>0 THEN SELL AT newSL STOP ENDIF //BREAKEVEN function. WANT TO USE THIS ONE FOR METHOD 2. once breakeven1 =1 if breakeven1 then breakevenPC = 0.4 PointsToKeep = (tradeprice(1)*(0.032/100)) startBreakeven = tradeprice(1)*(breakevenPC/100) if breakeven1>0 then IF NOT ONMARKET THEN breakevenLevel=0 ENDIF IF LONGONMARKET AND high-tradeprice(1)>=startBreakeven*pipsize THEN breakevenLevel = tradeprice(1)+PointsToKeep*pipsize ENDIF IF breakevenLevel>0 THEN SELL AT breakevenLevel STOP ENDIF endif endif //OTHER EXITS if longonmarket and abs(open-close)<1 and high<high[1] and positionperf>0 and high-close>2.75 then sell at market endif OTD = Barindex - TradeIndex(1) > IntradayBarIndex if longonmarket and clxd and clx4 and positionperf < 0 and OTD and not nodayentry then sell 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 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107

  //RUNS ON 1HOUR TIMEFRAME   defparam cumulateorders = false defparam preloadbars = 10000   positionsize = 8   timestart = 090000 timeend = 220000   TIMEFRAME (DAILY) clxd, ignored, ignored, ignored, ignored, ignored, ignored, ignored, ignored, ignored, ignored, ignored, ignored, ignored, ignored = CALL "Clean SP x ML ON v2 Indicator"   TIMEFRAME (DAILY, updateonclose) ignored, nobuy, dshortframe, dlongframe, bulltrend, DaytriggerBULL, DAYCALL, ignored, ignored, ignored,ignored, ignored, ignored, ignored, ignored = CALL "Clean SP x ML ON v2 Indicator"   TIMEFRAME (4 hour) ignored, ignored, ignored, ignored, ignored, ignored, ignored, clx4, ignored, ignored, ignored, ignored, ignored, ignored, ignored = CALL "Clean SP x ML ON v2 Indicator"   TIMEFRAME (DEFAULT) ignored, ignored, ignored, ignored, ignored, ignored, ignored, ignored, cp, CB1H, entry1, Rev1, BollTrig0, trendup, nodayentry = CALL "Clean SP x ML ON v2 Indicator"   golong = (close < nobuy)     //ENTRY METHOD 1 if time >= timestart and time < timeend then IF DAYCALL and bulltrend and golong and CB1H and close > entry1 and not longonmarket then buy positionsize contract at market SET STOP %LOSS 1.3 SET TARGET %PROFIT 2.15 ENDIF ENDIF     //ENTRY METHOD 2 if DAYCALL and Rev1 and BollTrig0 and trendup and not longonmarket then buy positionsize contract at market SET STOP %LOSS 1.3 SET TARGET %PROFIT 2.15 ENDIF         //TRAILING STOP function. WANT TO USE THIS ONE FOR METHOD 1. trailingstart = 20 //trailing will start @trailinstart points profit trailingstep = 6 //trailing step to move the "stoploss" //reset the stoploss value IF NOT ONMARKET THEN newSL=0 ENDIF //manage long positions IF LONGONMARKET THEN //first move IF newSL=0 AND close-tradeprice(1)>=trailingstart*pipsize THEN newSL = tradeprice(1)+trailingstep*pipsize //(minus för att pris ska bli BE på execution, eftersom både denna och den undre exekverar+6 i första rörelsen) ENDIF //next moves IF newSL>0 AND close-newSL>=trailingstep*pipsize THEN newSL = newSL+trailingstep*pipsize ENDIF ENDIF   //stop order to exit the positions IF newSL>0 THEN SELL AT newSL STOP ENDIF         //BREAKEVEN function. WANT TO USE THIS ONE FOR METHOD 2. once breakeven1 =1 if breakeven1 then breakevenPC = 0.4 PointsToKeep = (tradeprice(1)*(0.032/100)) startBreakeven = tradeprice(1)*(breakevenPC/100)   if breakeven1>0 then IF NOT ONMARKET THEN breakevenLevel=0 ENDIF IF LONGONMARKET AND high-tradeprice(1)>=startBreakeven*pipsize THEN breakevenLevel = tradeprice(1)+PointsToKeep*pipsize ENDIF IF breakevenLevel>0 THEN SELL AT breakevenLevel STOP ENDIF endif endif       //OTHER EXITS if longonmarket and abs(open-close)<1 and high<high[1] and positionperf>0 and high-close>2.75 then sell at market endif     OTD = Barindex - TradeIndex(1) > IntradayBarIndex   if longonmarket and clxd and clx4 and positionperf < 0 and OTD and not nodayentry then sell at market endif

   

  Have not yet tried out the alternatives you have dropped during the day as i am on the run for a bit, but will hopefully get a few hours this evening. I appreciate the help big time, mate

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  Crazzycameel

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  11/17/2024 at 4:15 PM #240441
  fifi743

  impossible with prt only with mt4

  

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  11/17/2024 at 8:30 PM #240445
  GraHal

  GraHal wrote:

  using Nicolas Trailing Stop

  Does not cancel / make redundant a Set Stop %Loss or Set Stop pLoss instruction.

  

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  11/17/2024 at 8:35 PM #240446
  Crazzycameel

  The following code does it for me:

  If NOT onmarket Then Method1 = 1 Method2 = 1 ENDIF //ENTRY METHOD 1 If Method1 Then if time >= timestart and time < timeend then IF DAYCALL and bulltrend and golong and CB1H and close > entry1 and not longonmarket then buy positionsize contract at market Method2 = 0 SET STOP %LOSS 1.3 SET TARGET %PROFIT 2.15 ENDIF ENDIF ENDIF //TRAILING STOP function FOR METHOD 1 trailingstart = 20 //trailing will start @trailinstart points profit trailingstep = 6 //trailing step to move the "stoploss" ///reset the stoploss value IF NOT ONMARKET THEN newSL=0 ENDIF ///manage long positions IF LONGONMARKET and Method1 THEN //first move IF newSL=0 AND close-tradeprice(1)>=trailingstart*pipsize THEN newSL = tradeprice(1)+trailingstep*pipsize ENDIF //next moves IF newSL>0 AND close-newSL>=trailingstep*pipsize THEN newSL = newSL+trailingstep*pipsize ENDIF ENDIF ///stop order to exit the positions IF newSL>0 THEN SELL AT newSL STOP ENDIF //ENTRY METHOD 2 If Method2 Then if DAYCALL and Rev1 and BollTrig0 and trendup and not longonmarket then buy positionsize contract at market Method1 = 0 SET STOP %LOSS 1.3 SET TARGET %PROFIT 2.15 ENDIF ENDIF //BREAKEVEN function FOR METHOD 2. once breakeven1 =1 if breakeven1 then breakevenPC = 0.4 PointsToKeep = (tradeprice(1)*(0.032/100)) startBreakeven = tradeprice(1)*(breakevenPC/100) if breakeven1>0 then IF NOT ONMARKET THEN breakevenLevel=0 ENDIF IF LONGONMARKET and Method2 = 1 AND high-tradeprice(1)>=startBreakeven*pipsize THEN breakevenLevel = tradeprice(1)+PointsToKeep*pipsize ENDIF IF breakevenLevel>0 THEN SELL AT breakevenLevel STOP ENDIF endif endif //GRAPH Method1 coloured ("red") //GRAPH Method2 coloured ("blue") //graphonprice newSL coloured ("green") //graphonprice breakevenLevel coloured ("fuchsia")

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  If NOT onmarket Then Method1 = 1 Method2 = 1 ENDIF     //ENTRY METHOD 1 If Method1 Then if time >= timestart and time < timeend then IF DAYCALL and bulltrend and golong and CB1H and close > entry1 and not longonmarket then buy positionsize contract at market Method2 = 0 SET STOP %LOSS 1.3 SET TARGET %PROFIT 2.15 ENDIF ENDIF ENDIF   //TRAILING STOP function FOR METHOD 1 trailingstart = 20 //trailing will start @trailinstart points profit trailingstep = 6 //trailing step to move the "stoploss"   ///reset the stoploss value IF NOT ONMARKET THEN newSL=0 ENDIF   ///manage long positions IF LONGONMARKET and Method1 THEN //first move IF newSL=0 AND close-tradeprice(1)>=trailingstart*pipsize THEN newSL = tradeprice(1)+trailingstep*pipsize ENDIF //next moves IF newSL>0 AND close-newSL>=trailingstep*pipsize THEN newSL = newSL+trailingstep*pipsize ENDIF ENDIF   ///stop order to exit the positions IF newSL>0 THEN SELL AT newSL STOP ENDIF       //ENTRY METHOD 2 If Method2 Then if DAYCALL and Rev1 and BollTrig0 and trendup and not longonmarket then buy positionsize contract at market Method1 = 0 SET STOP %LOSS 1.3 SET TARGET %PROFIT 2.15 ENDIF ENDIF   //BREAKEVEN function FOR METHOD 2. once breakeven1 =1 if breakeven1 then breakevenPC = 0.4 PointsToKeep = (tradeprice(1)*(0.032/100)) startBreakeven = tradeprice(1)*(breakevenPC/100)   if breakeven1>0 then IF NOT ONMARKET THEN breakevenLevel=0 ENDIF IF LONGONMARKET and Method2 = 1 AND high-tradeprice(1)>=startBreakeven*pipsize THEN breakevenLevel = tradeprice(1)+PointsToKeep*pipsize ENDIF IF breakevenLevel>0 THEN SELL AT breakevenLevel STOP ENDIF endif endif     //GRAPH Method1 coloured ("red") //GRAPH Method2 coloured ("blue")   //graphonprice newSL coloured ("green") //graphonprice breakevenLevel coloured ("fuchsia")

   

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