coding 2 different exit scenarios

• 03/01/2019 at 10:25 AM #92617
  fredrikfx

  Hi guys!

  Can someone help me with this code:

  CLOSE if EMA34 crosses over EMA54 or if the price is reached 70 pips from entry

  If any of this conditions match, close the trade.

   

  Thanks in advance

  

  fredrikfx

  Participant

  Topics: 4

  Replies: 3

  Been thanked: 1 time
  03/01/2019 at 11:43 AM #92630
  Nicolas

  Topic moved to correct forum (about automatic trading) and title changed to a title ” explicit enough to prompt the community to read your discussion. “, please respect some rules while posting, thanks in advance.

  Here is the code you need:

  if average[34,1] crosses over average[54,1] then sell at market exitshort at market endif set target pprofit 70

  1 2 3 4 5 6

  if average[34,1] crosses over average[54,1] then sell at market exitshort at market   endif   set target pprofit 70

  Long and sell orders are closed in this code, since you didn’t specified which kind of orders you’d like to be closed by the condition ..

  “price is reached 70 pips from entry” is what we call a takeprofit.

  

  Nicolas

  Keymaster

  Topics: 83

  Replies: 20899

  Been thanked: 4868 times
• Author
  Posts