change stop %loss level automatically in terms of standard deviation

• 06/07/2020 at 12:45 AM #134940
  auvergnat

  Hi,

  Last friday afternoon, my proOrder system didn’t sent orders on IG Market (DOW and DAX) because minimum guaranteed stop level changed from min 10 points to 5% of underlying price (1 354 points on DOW and 639 on DAX).

  I use classic set stop %loss 1.4

  Do you know how automatically change % level of stop order on guaranteed account in terms of volatility level for example OR Sandard deviation ?

  for example : if Sandard deviation (20) crosses up 100 level then %loss is 5

  thks for your help.

   

  

  auvergnat

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  06/07/2020 at 11:42 AM #134995
  auvergnat

  I complete. Move of % stop loss will be for next open order, not for order open wich keep original %loss of 1.4

  

  auvergnat

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  06/08/2020 at 11:53 AM #135176
  Nicolas

  Change the stoploss value this way:

  if not onmarket and myCondition then if std[14]>100 then slpercent = 5 else slpercent = 1.4 endif buy at market set stop %loss slpercent endif

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  if not onmarket and  myCondition then if std[14]>100 then      slpercent = 5 else    slpercent = 1.4 endif buy at market set stop %loss slpercent endif

   

  

  Nicolas

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  06/08/2020 at 9:21 PM #135246
  auvergnat

  Thks Nicolas. Should work. Will see.

  

  auvergnat

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