stoploss and swinghigh/low indicator

September 16th, 2011, 02:08 PM

Hallo,

in my strategy I am looking for a possibility to automatic change the stoploss on the last swinghigh or low. Do you have a code snippet für me?

My trail:

#region Variables

private IOrder _long_order = null;
private bool _long_sent = false;

private IOrder _short_order = null;
private bool _short_sent = false;

double swinghigh_value = 0;
double swinglow_value = 0;

protected override void OnBarUpdate()
{
// Condition set 1 (LONG)
if (ToTime(Time[0]) >= 80000 && ToTime(Time[0]) <= 220000
&& WMA(Weighted, 20)[0] > WMA(Weighted, 50)[0]
&& Low[0] > WMA(Weighted, 20)[0]
&& WMA(Weighted, 20)[0] > WMA(Weighted, 20)[4]
&& Close[0] > Swing(5).SwingHigh[0])
{
_long_order=EnterLong(DefaultQuantity, "Long");
}

// set swinglow_value:
swinglow_value = Swing(5).SwingLow[0];

// set the stop loss to swinglow_value:
SetStopLoss("Long", CalculationMode.Ticks, swinglow_value, false);

But nothing change ... Where is the error?

Thanks Blackburn

September 21st, 2011, 03:08 AM

First glance your variable "swinglow_value" is a price, but you are using CalculationMode.Ticks instead of Price.

Mike

stoploss and swinghigh/low indicator

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stoploss and swinghigh/low indicator