Breakeven level gets removed

Viewing 3 posts - 1 through 3 (of 3 total)

Author

Posts
06/25/2020 at 11:13 PM #137193 quote
AntonC
Participant

Junior
Hello,

I was playing around a little with the breakeven-code posted on here (https://www.prorealcode.com/blog/learning/breakeven-code-automated-trading-strategy/) when i noticed that that I seem to have something wrong with my code.

As shown in the inserted printscreen of the backtest, the breakeven code gets activated once 30 points have moved in my favour, but once the price begins to move against me, the breakeven-code gets “removed” and it doesn’t sell on the set level for some reason, what am I doing wrong?

Regards,
Anton
```
breakeven = 30
keeppoints = 5

if not onmarket then
breakeven = 0
endif

IF LONGONMARKET AND close-tradeprice(1)>=Breakeven*pipsize THEN
breakeven = tradeprice(1)+keeppoints*pipsize
ENDIF

if breakeven > 0 then
sell at breakeven stop
endif

Graph breakeven as "be"
```
2020-06-26-1.png
06/25/2020 at 11:26 PM #137195 quote
Vonasi
Moderator

Master
Try this. Not tested.
```
breakeven = 30
keeppoints = 5

if not onmarket then 
flag = 0
endif

IF longonmarket and close - tradeprice >= Breakeven*pipsize THEN
flag = 1
endif

if flag then
sell at (tradeprice + keeppoints) stop
endif
```
swedshare and Brad thanked this post
06/29/2020 at 10:49 AM #137474 quote

AntonC
Participant

Junior

That seems to be working, thank you!
Author

Posts

Viewing 3 posts - 1 through 3 (of 3 total)

You must be logged in to reply to this topic.

Login your account

Breakeven level gets removed

ProOrder: Automated Strategies & Backtesting

New Reply

Author

AntonC @antonc Participant

Summary

This topic contains 2 replies,
has 2 voices, and was last updated by AntonC
5 years, 8 months ago.

Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	06/25/2020
Status:	Active
Attachments:	1 files

Loading...