Code a DOUBLE STOP at opening price candle and turn it into a TRAILING STOP ???

• 07/31/2025 at 11:12 PM #249226
  Danield

  Hello everyone, I’m new here and this is my first post 😊
  I’m just starting to learn programming and I want to create an automated trading robot in PRT (ProRealTime), which I’ve been using manually in demo mode for the past 2 months.

  My idea is to create a code that will execute at a specific time (my research led me to use TIME=153000, on the 1-minute timeframe).

  At exactly 15:30:00, I want to place two STOP orders, each 10 points away from the opening price of the 15:30 candle (or from the close of the 15:29 candle).

  Let’s imagine an opening price at 15:30:00 of $100. I want to place the first STOP at $90 (in case the price goes up) and the second STOP at $110 (in case the price goes down).
  The first of the two stops that gets triggered by the price will become a market order, and the other will remain a STOP order.

  This setup allows taking a position regardless of which direction the price moves at the candle’s opening.

  I’ve already done this manually, but I don’t know how to code it.
  Does anyone have an idea to help me? A code example would be great too.

  (Super) Bonus question: Once one of the stops has been triggered and becomes a market order, can the other one be transformed into a trailing stop instead of remaining a fixed stop?

  Thanks so much in advance!

  

  Danield

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  08/01/2025 at 11:00 AM #249237
  Iván

  Hi! here you have:

  DEFPARAM CumulateOrders = False dist=10 once inTrade = 0 IF opentime = 152900 THEN basePrice = close stopBuyPrice = basePrice + dist * pointsize stopSellPrice = basePrice - dist * pointsize inTrade = 1 ENDIF IF inTrade = 1 THEN IF NOT longonmarket AND NOT shortonmarket THEN BUY AT stopBuyPrice STOP SELLSHORT AT stopSellPrice STOP ENDIF ENDIF if onmarket then inTrade = 0 SET STOP ploss dist endif //---Graph graphonprice basePrice coloured("blue") graphonprice stopSellPrice coloured("red") graphonprice stopBuyPrice coloured("green")

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  DEFPARAM CumulateOrders = False dist=10 once inTrade = 0   IF opentime = 152900 THEN    basePrice = close    stopBuyPrice = basePrice + dist * pointsize    stopSellPrice = basePrice - dist * pointsize    inTrade = 1 ENDIF   IF inTrade = 1 THEN    IF NOT longonmarket AND NOT shortonmarket THEN       BUY AT stopBuyPrice STOP       SELLSHORT AT stopSellPrice STOP    ENDIF ENDIF if onmarket then    inTrade = 0    SET STOP ploss dist endif //---Graph graphonprice basePrice coloured("blue") graphonprice stopSellPrice coloured("red") graphonprice stopBuyPrice coloured("green")

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  robertogozzi

  

  Iván

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