change stop %loss level automatically in terms of standard deviation

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06/07/2020 at 12:45 AM #134940 quote

auvergnat
Participant

Veteran

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.

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

auvergnat
Participant

Veteran

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

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

Master
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
```
06/08/2020 at 9:21 PM #135246 quote

auvergnat
Participant

Veteran

Thks Nicolas. Should work. Will see.
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change stop %loss level automatically in terms of standard deviation

ProOrder: Automated Strategies & Backtesting

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auvergnat @auvergnat Participant

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This topic contains 3 replies,
has 2 voices, and was last updated by auvergnat
5 years, 8 months ago.

Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	06/07/2020
Status:	Active
Attachments:	No files

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