Hi ,

I am new to PRorealtime. Thank you GURU’s for reading the topic.

I am trying to build a code where in when MACD crossover happens with 26 & 52 period EMA.

// Conditions to enter long positions
defparam CUMULATEORDERS = false

//macdline
c2 = MACDline[ 26 , 52, 12 ](close)
//signalline
c3 = ExponentialAverage[12](c2)

//histogram heigt
histbar = c2 – c3
c5 = histbar crosses over 0
c6 = histbar crosses under 0

IF NOT LongOnMarket AND c5 THEN
BUY 1 CONTRACTS AT MARKET
sl = lowest[3](low)
set stop loss sl
tgt = ( POSITIONPRICE – SL ) * 1.5
set target $profit tgt
ENDIF

// Conditions to exit long positions

// Conditions to enter short positions
IF NOT ShortOnMarket AND c6 THEN
SELLSHORT 1 CONTRACTS AT MARKET
sl = highest[3](high)
set stop loss sl
tgt = ( sl – POSITIONPRICE ) * 1.5
set target $profit tgt
ENDIF

The above code is not setting up the Stop loss & targets. The stop loss should be lowest of last three candles when going long & highest when shorting.

Also i notice that order is place after 2 candles are formed delaying the entry of the order.

Can anyone help what is wrong in the code.