Exit conditions, either profitable or timestop

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  • #223838 quote
    sebb9707
    Participant
    Junior

    Hi,

    I’m trying to write exit conditions that either closes the position at close if it is profitable OR closes the positions after N days. How would that look in code?

    Best Regards,
    Sebastian

    #223846 quote
    JS
    Participant
    Senior

    Hi,

    If LongOnMarket and (Close - TradePrice(1)) > X then
    
    Sell at Market
    
    EndIf
    
    If ShortOnMarket and (TradePrice(1) – Close) > X then
    
    ExitShort at Market
    
    EndIf
    
    If NOT OnMarket[1] and OnMarket then
    
    xStartBar = BarIndex
    
    EndIf
    
    If BarIndex – xStartBar > X then
    
    Sell at Market
    
    ExitShort at Market
    
    EndIf
    #223877 quote
    sebb9707
    Participant
    Junior

    Thanks for your assistance!

    Best regards,
    Sebastian

    JS thanked this post
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Exit conditions, either profitable or timestop


ProBuilder: Indicators & Custom Tools

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sebb9707 @sebb9707 Participant
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This topic contains 2 replies,
has 2 voices, and was last updated by sebb9707
2 years, 2 months ago.

Topic Details
Forum: ProBuilder: Indicators & Custom Tools
Language: English
Started: 11/16/2023
Status: Active
Attachments: No files
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