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coding 2 different exit scenarios

fredrikfx · 2019-03-01T09:25:17+00:00

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

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ProOrder: Automated Strategies & Backtesting
coding 2 different exit scenarios

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03/01/2019 at 10:25 AM #92617 quote

fredrikfx
Participant

Junior

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

03/01/2019 at 11:43 AM #92630 quote
Nicolas
Keymaster

Legend
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
```
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.
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coding 2 different exit scenarios

ProOrder: Automated Strategies & Backtesting

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fredrikfx @fredrikfx Participant

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This topic contains 1 reply,
has 2 voices, and was last updated by Nicolas
7 years, 8 months ago.

Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	03/01/2019
Status:	Active
Attachments:	No files

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coding 2 different exit scenarios

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coding 2 different exit scenarios ProOrder: Automated Strategies & Backtesting

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coding 2 different exit scenarios

ProOrder: Automated Strategies & Backtesting