modify percent trailing with a fixed value - EasyLanguage Programming | futures trading

modify percent trailing with a fixed value
Started:October 7th, 2016 (05:42 AM) by auato Views / Replies:116 / 2
Last Reply:October 7th, 2016 (06:28 AM) Attachments:1

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modify percent trailing with a fixed value

Old   #1 (permalink)
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modify percent trailing with a fixed value

Hi all,

I am using this strategy below:

setpercenttrailing(250, 70);

but now I would like to tune a little bit this strategy abandoning the % trailing (70%) to take profit at fixed value (100).
So, if it going toward profittarget(500) it exceeds the threshold 250 a monitoring for any eventual retracement is started for which it can take profit at an amount of 100, otherwise if it proceeds on the good way, it takes profit at the first profittarget 500.

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Old   #2 (permalink)
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Old   #3 (permalink)
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you will likely only be able to accomplish that with a stop order that you place when your open position profit meets your threshold. You won't be able to adjust the SetProfitTarget reserved word as you are above the value of 100 and would simply exit right away.



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