Trying to set trailing stop to be two ticks below the low>> HELP!

September 23rd, 2016, 11:17 PM

kevinkdog

setexitonclose;

but remember it will not work with real money on last bar of day. It works in backtest though.

Hello again, Kevin.

For the life of me, I can't get "MaxPositionProfit" to work anything like a percent trailing. Any ideas or different avenues I should look at?

Any information would be greatly appreciated! -brandon

kevinkdog · September 24th, 2016, 11:30 PM

djvie11

Hello again, Kevin.

For the life of me, I can't get "MaxPositionProfit" to work anything like a percent trailing. Any ideas or different avenues I should look at?

Any information would be greatly appreciated! -brandon

Did you do something like this? You define XXX - where the function kicks in, and the trailing amount ZZZ

So, if I wanted to hit a max profit of $1000, and then have a stop $500 below that, XXX=1000 and ZZZ=500

if maxpositionprofit> XXX then begin
YYY=maxpositionprofit-ZZZ;

sell next bar at YYY stop;

end;

September 26th, 2016, 01:55 AM

kevinkdog

Did you do something like this? You define XXX - where the function kicks in, and the trailing amount ZZZ

So, if I wanted to hit a max profit of $1000, and then have a stop $500 below that, XXX=1000 and ZZZ=500

if maxpositionprofit> XXX then begin
YYY=maxpositionprofit-ZZZ;

sell next bar at YYY stop;

end;

Excellent idea. Once again, thanks again for the knowledge Kevin!

Trying to set trailing stop to be two ticks below the low>> HELP!

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Trying to set trailing stop to be two ticks below the low>> HELP!