Bounded Entry and Exit Rules

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  • 11/10/2025 at 2:48 PM #253489 quote
    Ahimsa
    Participant
    New

    Hi everyone

    Does anyone know of a proforma for bounded entry and exit condtions? That means exit rules 1 only apply if the trade was taken under entry rules 1 and exit rules 2 only apply if the trade was taken under entry rules 2.

    Many thanks in advance.

    11/10/2025 at 5:04 PM #253498 quote
    Iván González
    Moderator
    Master

    hi. Here you have an example:

    // === Input Parameters ===
tp1 = 20         // Take Profit for first exit
sl1 = 40         // Stop Loss for first exit

tp2 = 40         // Take Profit for second exit
sl2 = 20         // Stop Loss for second exit


// === Indicators ===
avg1 = average[10](close)    // Fast moving average
avg2 = average[50](close)    // Slow moving average
lmax = highest[15](high) 

// === Entry Logic ===
IF NOT longonmarket AND avg1 CROSSES OVER avg2 THEN
type = 1

BUY 1 CONTRACT AT MARKET

SET STOP PLOSS sl1
SET target Pprofit tp1
elsif not longonmarket AND close crosses over lmax[1] THEN
type = 2
BUY 1 CONTRACT AT MARKET

SET STOP PLOSS sl2
SET target Pprofit tp2
elsif not onmarket then
type = 0
ENDIF

// === Plotting indicators and levels on chart ===
graphonprice avg1 coloured("red")
graphonprice avg2 coloured("blue")
graphonprice lmax coloured("green")
graph type
    robertogozzi thanked this post
    11/14/2025 at 3:06 PM #253642 quote
    Ahimsa
    Participant
    New

    Thank you Ivan.

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Bounded Entry and Exit Rules


ProOrder: Automated Strategies & Backtesting

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Ahimsa @ahimsa Participant
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This topic contains 2 replies,
has 2 voices, and was last updated by Ahimsa
3 months ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 11/10/2025
Status: Active
Attachments: No files
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