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Changing Stop Loss after a certain time in trade

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ProOrder: Automated Strategies & Backtesting
Changing Stop Loss after a certain time in trade

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03/13/2023 at 12:26 PM #211470 quote

Crocogotter
Participant

New

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.

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

Legend
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
```
Crocogotter thanked this post
03/13/2023 at 1:17 PM #211476 quote

Crocogotter
Participant

New

Many thanks for the speedy reply, I’ll give that a try.
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Changing Stop Loss after a certain time in trade

ProOrder: Automated Strategies & Backtesting

New Reply

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Crocogotter @crocogotter Participant

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This topic contains 2 replies,
has 2 voices, and was last updated by Crocogotter
3 years, 6 months ago.

Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	03/13/2023
Status:	Active
Attachments:	No files

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Changing Stop Loss after a certain time in trade

Stuck on this ProBuilder code?

Changing Stop Loss after a certain time in trade ProOrder: Automated Strategies & Backtesting

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Changing Stop Loss after a certain time in trade

ProOrder: Automated Strategies & Backtesting