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there s a way to set stoploss and profittarget using STOP and LIMIT order ?
for example i would like to do something like this:
if ( marketposition = 0 and condition4 and condition5) then BEGIN
buy ("Long EURUSD") 100000 contracts next bar at open;
sell ("sell SL 1 ") 100000 contracts next bar at C-stoploss1 stop;
sell ("sell TP 1 ") 50000 contracts next bar at C+takeprofit1 limit;
sell ("sell TP 2 ") 50000 contracts next bar at C+takeprofit2 limit;
END;
Using 1 stoploss and 2 takeprofit.
Thank you very much about all answer
No Erocla
Can you help answer these questions from other members on NexusFi?
Yes, you can do this. However with your MC would close out the whole position at your target and ignore the contracts.
You just need to slightly modify your code this this and it should work fine:
You might have to change some settings to allow more than trade per bar or in the same direction if you only see one entry. Another thing to consider is using intrabar order generation so your stops and targets are available directly after the entry.
You are welcome. IOG is a more complex task when dealing with signals. For example orders that are specified at "next bar" become available at the next tick. So when you specify
This would mean send a limit order for the next tick using the value for close of the current tick.
If you haven't used it before there probably is no reason for that with your signal then.
