Allows you to place a stop at X points / % / € / unit above the entry price of the position (for a buy order or below for a sellshort order).
SET STOP can be used with any of the PROFIT variation, such as:
Set Stop pProfit/%Profit/$Profit/Profit X
Example:
Put the order stoploss in profit at 10 points above the entry price:
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SET STOP PPROFIT 10 |
Allows you to place a target at X points / % / € / unit below the entry price of the position (in case of a buy order or above in case of a sellshort order), to limit your loosing position.
SET TARGET can be used with any of the LOSS variation, such as:
Set target ploss/%loss/$loss/loss X
Example:
Put the order takeprofit in loss at 10 points below the entry price (buy order case):
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SET TARGET PLOSS 10 |
Mathematical function “Sign of” of “a” value (positive or negative).
Syntax:
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SGN(a) |
Designates the number of shares to buy or sell.
Syntax:
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SHARES |
Example :
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myMACD = MACD[12,26,9](close) short = myMACD crosses under 0 IF NOT ShortOnMarket AND short THEN SELLSHORT 1 SHARES AT MARKET ENDIF |
Indicates whether there are short positions or not already open.
Syntax:
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SHORTONMARKET |
Example :
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myMACD = MACD[12,26,9](close) short = myMACD crosses under 0 IF NOT ShortOnMarket AND short THEN SELLSHORT 1 CONTRACTS AT MARKET ENDIF |
Allows to know if a Short position has been opened on the candlestick N (N optional by default at 0). (more…)
Mathematical function “Sine” of “a” value.
Syntax:
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SIN(a) |
Return the value of the Stochastic Momentum Index Indicator for the selected price.
Syntax:
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SMI[N,SS,DS)(price) |
This indicator represents the position of the close relative to the median point whereas the traditionnal stochastic represents the position of the close relative to the highest and lowest points. We use a double smoothing with an exponential moving average so that the signals are more consistent.
The SMI also gives good divergence signals.
SmoothedRepulse
ProRealTime v11Returns the Smoothed Repulse indicator value.
Syntax:
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SmoothedRepulse[period](price) |
Where:
Return value of the smoothed stochastic oscillator for the selected price. Also known as the slow stochastic.
Syntax:
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SmoothedStochastic[N,K](price) |
Calculation :
The calculation of the %D is similar to the stochastic rapid but with the smoothing the signals are more regular.
%D(y) = 100 * (H(y)/B(y))
with :
H(y) : sum of C – PH(n) on X days ago
B(y) : sum of PH(n) – PB(n) on X days ago
C days : today’s close
PB(n) day : lowest on n period
PH(n) : Highest on n period
n : period
Set Stop Profit
SGN
