Breakeven level gets removed

• 06/25/2020 at 11:13 PM #137193
  AntonC

  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

  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"

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  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"

   

  

  AntonC

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  06/25/2020 at 11:26 PM #137195
  Vonasi

  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

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  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

   

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  Vonasi

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  06/29/2020 at 10:49 AM #137474
  AntonC

  That seems to be working, thank you!

  

  AntonC

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