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Exit conditions, either profitable or timestop

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ProBuilder: Indicators & Custom Tools
Exit conditions, either profitable or timestop

Viewing 3 posts - 1 through 3 (of 3 total)

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Posts
11/16/2023 at 7:42 PM #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

11/16/2023 at 10:35 PM #223846 quote
JS
Participant

Master
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
```
11/17/2023 at 9:48 PM #223877 quote

sebb9707
Participant

Junior

Thanks for your assistance!

Best regards,
Sebastian

JS thanked this post
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Posts

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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
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Topic Details

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

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Exit conditions, either profitable or timestop

Stuck on this ProBuilder code?

Exit conditions, either profitable or timestop ProBuilder: Indicators & Custom Tools

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Exit conditions, either profitable or timestop

ProBuilder: Indicators & Custom Tools