Ninja Script Max Ticks Profit of current trade

March 9th, 2013, 04:15 PM

I'm having difficulity in determining the maximum number of ticks profit in the current trade...

As an example... my strategy has taken a position with three contracts, each with a seperate profit target.

I want to determine the maximum number of tics profit since I took the position. I will then use that to calculate and reset my stop as necessary...

Is it possilbe to determine the max tics in the trade?

Tahnks for you help!

jb

March 9th, 2013, 11:13 PM

brownj13

I'm having difficulity in determining the maximum number of ticks profit in the current trade...

As an example... my strategy has taken a position with three contracts, each with a seperate profit target.

I want to determine the maximum number of tics profit since I took the position. I will then use that to calculate and reset my stop as necessary...

Is it possilbe to determine the max tics in the trade?

Tahnks for you help!

jb

Of course.

- Store the entry prices and entry bar #.
- Store the highest high and lowest low since the entry bar.

Now you have the MFE.

Mike

Ninja Script Max Ticks Profit of current trade

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Ninja Script Max Ticks Profit of current trade