Changing Stop Loss after a certain time in trade

• 03/13/2023 at 12:26 PM #211470
  Crocogotter

  Hiya

  I suspect that there’s a simple way of doing what I’d like, but unfortunately I haven’t got the programming knowledge to work it out. What I’d like to be able to do is change the Stop Loss to Break Even after 30 minutes, using a 1 minute chart. Initial Stop Loss would be 60, but I’d like to be able to code it to change it to Break Even after 30 minutes please.

   

  Many thanks in advance.

  

  Crocogotter

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  03/13/2023 at 1:07 PM #211475
  robertogozzi

  30 minutes are 30 1-minute bars, so you must check they are elapsed AND you have some profits:

  IF OnMarket AND (BarIndex - TradeIndex >= 30) AND PositionPerf > 0 THEN SET STOP Breakeven ENDIF

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  IF OnMarket AND (BarIndex - TradeIndex >= 30) AND PositionPerf > 0 THEN    SET STOP Breakeven ENDIF

   

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  Crocogotter

  

  robertogozzi

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  03/13/2023 at 1:17 PM #211476
  Crocogotter

  Many thanks for the speedy reply, I’ll give that a try.

  

  Crocogotter

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