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


modify percent trailing with a fixed value
Updated: Views / Replies:176 / 2
Created: by auato Attachments:1

Welcome to futures io.

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.


You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple, and we will never resell your private information.

-- Big Mike

Reply
 
Thread Tools Search this Thread
 

modify percent trailing with a fixed value

  #1 (permalink)
Trading Apprentice
Bradenton
 
Futures Experience: None
Platform: MultiCharts
Favorite Futures: FTSE MIB
 
Posts: 26 since May 2016
Thanks: 6 given, 4 received

modify percent trailing with a fixed value

Hi all,

I am using this strategy below:

setstopposition;
setprofittarget(500);
setstoploss(90);
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.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Thank you.

BR,
auato

Reply With Quote
The following user says Thank You to auato for this post:
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Market Wizard
Hamburg Germany
 
Futures Experience: Advanced
Platform: Multicharts, Tradestation, Multicharts.NET, NinjaTrader, MetaTrader
Broker/Data: DTN IQ
Favorite Futures: ES
 
Posts: 1,328 since Apr 2013
Thanks: 212 given, 755 received


auato,

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.

Regards,

ABCTG

Reply With Quote
The following user says Thank You to ABCTG for this post:

Reply



futures io > > > > > modify percent trailing with a fixed value

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

FIO Journal Challenge featuring NinjaTrader ($2,000+ of prizes)

May

An overview of volumetric analytical tools w/Sergey Sokolov @ PTMC

Elite only

John Hoagland (TBA)

Elite only

FuturesTrader71 Extended Ask Me Anything (AMA)

Elite only

Pete @ Jigsaw Trading (TBA)

Elite only

John @ No BS Day Trading (TBA)

Elite only

An Afternoon with FIO member Softsoap (being rescheduled)

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Modify SuperTrend Renko123 Sierra Chart 10 August 16th, 2015 04:56 PM
trailing stop or fixed? mannya Psychology and Money Management 16 July 30th, 2015 02:59 AM
entryprice = 0 when using set percent trailing hangtime15 EasyLanguage Programming 4 July 20th, 2015 01:57 AM
Trailing and Fixed Stop traderseeker NinjaTrader Programming 1 March 10th, 2014 01:39 PM
Placing a floor using fixed trailing stop RM99 EasyLanguage Programming 2 July 13th, 2011 12:13 AM


All times are GMT -4. The time now is 03:37 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-05-26 in 0.07 seconds with 21 queries on phoenix via your IP 23.20.100.200