Hi, i wanna create a really simple exit strategy for stocks and apply it to some other simple strategies i am trying out with stocks.

What i want to do is create a exit strategy that exits the position if the position is in profit 5 minutes before market closing. It should keep doing this for 4 days and on the 5th day sell either way (despite being in loss) 5 minute before market closes.

Here is a simple strategy for entering stochastics (2,3) on 30 and exit at 70 (and short the opposite). Now i want to add in the above exit strategy. What code do i write?

// Definition of code parameters
DEFPARAM CumulateOrders = False // Cumulating positions deactivated

// Conditions to enter long positions
indicator1 = Stochastic[14,2](close)
c1 = (indicator1 CROSSES OVER 30)

IF c1 THEN
BUY 50 SHARES AT MARKET
ENDIF

// Conditions to exit long positions
indicator2 = Stochastic[14,2](close)
c2 = (indicator2 CROSSES UNDER 70)

IF c2 THEN
SELL  AT MARKET
ENDIF

// Conditions to enter short positions
indicator3 = Stochastic[14,2](close)
c3 = (indicator3 CROSSES OVER 70)

IF c3 THEN
SELLSHORT 50 SHARES AT MARKET
ENDIF

// Conditions to exit short positions
indicator4 = Stochastic[14,2](close)
c4 = (indicator4 CROSSES OVER 30)

IF c4 THEN
EXITSHORT  AT MARKET
ENDIF

I appreciate any help and tips. I am quite new to prorealtime so i am very open to critique and learning.

Regards,

Jolln