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Global $ value stoploss to exit all positions at market required please.


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Global $ value stoploss to exit all positions at market required please.

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  #1 (permalink)
 PositiveDeviant 
United Kingdom
 
Experience: Intermediate
Platform: Multicharts
Trading: Dow
 
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I need an automatic stoploss for all positions eg if total loss on all positions is $200 then all are closed at market. How can I achieve this?

Ideally if this is an easylanguage solution I would be able to reset the $ amount to exit all positions.

I would be grateful for any help.

Thanks.

PD

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 Jura   is a Vendor
 
 
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Global variables can be used for this. But if you want it real-time across multiple charts (instead of keeping track of the daily loss after closing a trade), I'm not sure how good it will work in practice if say a dozen charts all try to update the same global variable at the exact same time.

But the good thing is that Global Variables are EasyLanguage and included by default, so it's easy to test to see whether or not this works.

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 PositiveDeviant 
United Kingdom
 
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Thanks for your response Jura but I'm not conversant with Easy-language. I was thinking someone may have been able to point me to some code available somewhere...

I only need it to monitor 2 positions at the same time.

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aspiringmiliner
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@Jura could you please elaborate on how to accomplish this on EasyLanguage?

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