how to set stoploss in tick points in easylanguage for multicharts - MultiCharts | futures.io
futures.io futures trading
 

Go Back   futures.io

> Futures Trading, News, Charts and Platforms > Platforms and Indicators > MultiCharts


how to set stoploss in tick points in easylanguage for multicharts
Started:November 18th, 2016 (12:25 AM) by milkysahai001 Views / Replies:111 / 1
Last Reply:November 18th, 2016 (04:05 AM) Attachments:0

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

how to set stoploss in tick points in easylanguage for multicharts

Old November 18th, 2016, 12:25 AM   #1 (permalink)
Trading Apprentice
Agra+India
 
Futures Experience: Beginner
Platform: MultiCharts
Favorite Futures: Stock Futures
 
Posts: 25 since Sep 2016
Thanks: 9 given, 1 received

how to set stoploss in tick points in easylanguage for multicharts

I want to create a stoploss strategy using tick points in multicharts 9.0. the stoploss_pt function is not working in this version of multicharts. can someone post a function/ tell me how to do this.

Reply With Quote
     

Old November 18th, 2016, 04:05 AM   #2 (permalink)
 Vendor: abctradinggroup.com 
Hamburg Germany
 
Futures Experience: Advanced
Platform: Multicharts, Tradestation, Multicharts.NET, NinjaTrader, MetaTrader
Broker/Data: DTN IQ
Favorite Futures: ES
 
Posts: 1,151 since Apr 2013
Thanks: 191 given, 648 received

Answer
This post has been selected as an answer to the original posters question Answer

milkysahai001,

you could convert your tick value to a dollar amount and use the regular SetStopLoss.
Provided your symbol is set up correctly in Quotemanger, you can can compute the dollar value of one tick as:
 
Code
(MinMove / PriceScale ) * BigPointValue
Regards,

ABCTG

Reply With Quote
     

Reply



futures.io > Futures Trading, News, Charts and Platforms > Platforms and Indicators > MultiCharts > how to set stoploss in tick points in easylanguage for multicharts

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Al Brooks: Stop Losing when a Good Trade goes Bad, Correcting Mistakes

Elite only
 

Trading Technologies: Algo Design Lab hands-on

Dec 13

Normal webinar schedule resumes after the holidays

January
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
How to set stoploss daily, help needed Wakala EasyLanguage Programming 2 June 24th, 2015 11:44 PM
MultiCharts Easylanguage Price Decimal Points thephantom MultiCharts 3 February 16th, 2015 06:12 AM
Pivot points - Multicharts georgex MultiCharts 9 July 14th, 2014 09:55 PM
Powerlanguage / Multicharts Strategy Stoploss code Wouter Elite EasyLanguage Automated Trading 10 September 17th, 2012 03:58 PM
Set Background Color in EasyLanguage Big Mike EasyLanguage Programming 5 October 27th, 2010 01:45 PM


All times are GMT -4. The time now is 06:04 PM.

Copyright © 2016 by 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 2016-12-08 in 0.07 seconds with 23 queries on phoenix via your IP 54.159.129.152