trailing take profit looking at 3 conditions

micwe · 2017-03-21T17:31:00+00:00

Hey guys, slightly stuck here.I have been trying to create a trailing TP which would reference 3 things MA cross overs ,75% of my take profit and current price The idea is say i have a cross over on a long position and my TP is 150pips away i want it to close 70% of my position 112.5 pips into the move and reminder if i hits the full 150 pips. thanks. (MAs are 20 average close and 3 average close)

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03/21/2017 at 6:31 PM #29340 quote

micwe
Participant

New

Hey guys,

slightly stuck here.I have been trying to create a trailing TP which would reference 3 things MA cross overs ,75% of my take profit and current price

The idea is say i have a cross over on a long position and my TP is 150pips away i want it to close 70% of my position 112.5 pips into the move and reminder if i hits the full 150 pips.

thanks.

(MAs are 20 average close and 3 average close)

03/21/2017 at 6:41 PM #29341 quote

Eric
Participant

Master

you need 2 system

with the same code but different exits

03/21/2017 at 6:47 PM #29342 quote

micwe
Participant

New

how exactly would that look like below is the long part of the code

// parameters
indicator1 = Average[x](close)

indicator2 = Average[y](close)

//basic parameters for bs

c1 = (indicator1 CROSSES OVER indicator2)

c2 = (indicator1 CROSSES UNDER indicator2)

IF c1 THEN

BUY X contract AT MARKET

ENDIF

IF c2 THEN

SELL AT MARKET

ENDIF

03/21/2017 at 7:46 PM #29348 quote

micwe
Participant

New

ah i get you thanks.
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trailing take profit looking at 3 conditions

Platform Support: Charts, Data & Broker Setup

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micwe @micwe Participant

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This topic contains 3 replies,
has 2 voices, and was last updated by micwe
9 years, 6 months ago.

Topic Details

Forum:	Platform Support: Charts, Data & Broker Setup
Language:	English
Started:	03/21/2017
Status:	Active
Attachments:	No files