Hopefully a simple request for someone with the skill :)

• 04/27/2022 at 1:11 PM #192313
  kr2009

  Hi all,

  I would to create the following set up in Pro Real Time to then trade using IG Index.

  Two trades, both entered on the same index at the same given price with defined stop loss.

  One of these trades to close once a fixed number of points has been met (e.g. 20 points).

  As soon as the first trade closes, move the other to break even

  Second trade to close at a predefined level.

  Example:

  Short Dax @ 14,000

  2x £5 per point

  Position 1 – close when 20 points in profit

  Position 2 – move to break even when Position 1 closes, with a predefined target of 13,950

  Stop loss on both at opening of 50 points

  The following should be able to be inputted each time:

  – Opening Price

  – Initial take profit for Position 1

  – Take profit target for Position 2

  – Stop loss

  – Stake

  – Valid til

  Would be enormously grateful if someone could help me with this

  Many thanks in advance,

  Karl

   

   

   

   
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  kr2009

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  04/28/2022 at 5:47 AM #192350
  JS

  Hi @kr2009

  Is your idea to go Long and Short at the same time?

  If that is your idea, this is not possible in ProOrder.

  

  JS

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  04/28/2022 at 9:30 AM #192359
  kr2009

  Hi there,

  No, both positions are entered in the same direction.

  i.e 2x short, or 2x long

  Thanks

  

  kr2009

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  04/29/2022 at 11:58 AM #192408
  robertogozzi

  There you go:

  DEFPARAM CumulateOrders = False // OpeningPrice = 14060 TP1 = 20 TP2 = 50 SL = 20 ValidTill = 210000 //set to 240000 to never stop it until either SL or TP is hit Stake = 2 Distance = 6 EnterType = 2 //1=Long, 2=Short // OpenLots = abs(CountOfPosition) IF OpenLots < OpenLots[1] THEN a = 2 ENDIF IF Not OnMarket THEN ExitPrice = 0 Stake = max(2,Stake) ExitStake = floor(Stake / 2,1) //LONG trade IF EnterType = 1 THEN IF close > (OpeningPrice + Distance) THEN BUY Stake CONTRACTS AT OpeningPrice LIMIT ELSIF close < (OpeningPrice - Distance) THEN BUY Stake CONTRACTS AT OpeningPrice STOP ELSE BUY Stake CONTRACTS AT Market //comment out (or delete) this line not to enter at // market when distance is too close to the current price ENDIF ENDIF //SHORT trade IF EnterType = 2 THEN IF close > (OpeningPrice + Distance) THEN SELLSHORT Stake CONTRACTS AT OpeningPrice STOP ELSIF close < (OpeningPrice - Distance) THEN SELLSHORT Stake CONTRACTS AT OpeningPrice LIMIT ELSE SELLSHORT Stake CONTRACTS AT Market //comment out (or delete) this line not to enter at // market when distance is too close to the current price ENDIF ENDIF // SET STOP pLOSS SL SET TARGET pPROFIT TP2 ENDIF // IF OnMarket AND Not OnMarket[1] THEN ExitPrice = TradePrice + (TP1 * PipSize) ENDIF // IF OnMarket THEN MyProfit = PositionPerf * PositionPrice / PipSize IF MyProfit >= TP1 AND (abs(CountOfPosition) = Stake) THEN IF LongOnMarket THEN SELL ExitStake CONTRACTS AT MARKET ELSE EXITSHORT ExitStake CONTRACTS AT MARKET ENDIF ExitPrice = TradePrice ENDIF // IF Time >= ValidTill THEN SELL AT MARKET EXITSHORT AT MARKET ELSIF (abs(CountOfPosition) < Stake) AND MyProfit > 0 THEN IF LongOnMarket THEN SELL AT ExitPrice STOP ELSE EXITSHORT AT ExitPrice STOP ENDIF ENDIF ENDIF graphonprice ExitPrice

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73

  DEFPARAM CumulateOrders = False // OpeningPrice = 14060 TP1          = 20 TP2          = 50 SL           = 20 ValidTill    = 210000          //set to 240000 to never stop it until either SL or TP is hit Stake        = 2 Distance     = 6 EnterType    = 2               //1=Long,  2=Short // OpenLots     = abs(CountOfPosition) IF OpenLots < OpenLots[1] THEN a = 2 ENDIF IF Not OnMarket THEN ExitPrice = 0 Stake     = max(2,Stake) ExitStake = floor(Stake / 2,1) //LONG  trade IF EnterType = 1 THEN IF close > (OpeningPrice + Distance) THEN BUY Stake CONTRACTS AT OpeningPrice LIMIT ELSIF close < (OpeningPrice - Distance) THEN BUY Stake CONTRACTS AT OpeningPrice STOP ELSE BUY Stake CONTRACTS AT Market                  //comment out (or delete) this line not to enter at //                                               market when distance is too close to the current price ENDIF ENDIF //SHORT trade IF EnterType = 2 THEN IF close > (OpeningPrice + Distance) THEN SELLSHORT Stake CONTRACTS AT OpeningPrice STOP ELSIF close < (OpeningPrice - Distance) THEN SELLSHORT Stake CONTRACTS AT OpeningPrice LIMIT ELSE SELLSHORT Stake CONTRACTS AT Market            //comment out (or delete) this line not to enter at //                                               market when distance is too close to the current price ENDIF ENDIF // SET STOP   pLOSS   SL SET TARGET pPROFIT TP2 ENDIF // IF OnMarket AND Not OnMarket[1] THEN ExitPrice = TradePrice + (TP1 * PipSize) ENDIF // IF OnMarket THEN MyProfit = PositionPerf * PositionPrice / PipSize IF MyProfit >= TP1 AND (abs(CountOfPosition) = Stake) THEN IF LongOnMarket THEN SELL      ExitStake CONTRACTS AT MARKET ELSE EXITSHORT ExitStake CONTRACTS AT MARKET ENDIF ExitPrice = TradePrice ENDIF // IF Time >= ValidTill THEN SELL      AT MARKET EXITSHORT AT MARKET ELSIF (abs(CountOfPosition) < Stake) AND MyProfit > 0 THEN IF LongOnMarket THEN SELL      AT ExitPrice STOP ELSE EXITSHORT AT ExitPrice STOP ENDIF ENDIF ENDIF graphonprice ExitPrice

   

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  kr2009

  

  robertogozzi

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  05/03/2022 at 8:19 AM #192580
  kr2009

  That’s great, thank you so much!

  I’ll give it a go and let you know how I get on

  Thanks again, really appreciate it

  

  kr2009

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  05/30/2022 at 5:29 PM #194213
  kr2009

  Hi Roberto,

  Thanks again for your help.

  How would I add to the code above, to say ‘when position is 10 number of points in favour, move S/L to -15 points’?

  Karl

  

  kr2009

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  05/31/2022 at 11:35 AM #194262
  robertogozzi

  There you go:

  DEFPARAM CumulateOrders = False // OpeningPrice = 14060 TP1 = 20 TP2 = 50 SL = 20 ValidTill = 210000 //set to 240000 to never stop it until either SL or TP is hit Stake = 2 Distance = 6 EnterType = 2 //1=Long, 2=Short // IF Not OnMarket THEN tempSL = SL ENDIF // OpenLots = abs(CountOfPosition) IF OpenLots < OpenLots[1] THEN a = 2 ENDIF IF Not OnMarket THEN ExitPrice = 0 Stake = max(2,Stake) ExitStake = floor(Stake / 2,1) //LONG trade IF EnterType = 1 THEN IF close > (OpeningPrice + Distance) THEN BUY Stake CONTRACTS AT OpeningPrice LIMIT ELSIF close < (OpeningPrice - Distance) THEN BUY Stake CONTRACTS AT OpeningPrice STOP ELSE BUY Stake CONTRACTS AT Market //comment out (or delete) this line not to enter at // market when distance is too close to the current price ENDIF ENDIF //SHORT trade IF EnterType = 2 THEN IF close > (OpeningPrice + Distance) THEN SELLSHORT Stake CONTRACTS AT OpeningPrice STOP ELSIF close < (OpeningPrice - Distance) THEN SELLSHORT Stake CONTRACTS AT OpeningPrice LIMIT ELSE SELLSHORT Stake CONTRACTS AT Market //comment out (or delete) this line not to enter at // market when distance is too close to the current price ENDIF ENDIF // SET STOP pLOSS tempSL SET TARGET pPROFIT TP2 ENDIF // IF OnMarket AND tempSL = SL THEN MyProfit = PositionPrice * PositionPerf / PipSize IF MyProfit >= 10 THEN tempSL = min(15,SL) SET STOP pLOSS tempSL ENDIF ENDIF // IF OnMarket AND Not OnMarket[1] THEN ExitPrice = TradePrice + (TP1 * PipSize) ENDIF // IF OnMarket THEN MyProfit = PositionPerf * PositionPrice / PipSize IF MyProfit >= TP1 AND (abs(CountOfPosition) = Stake) THEN IF LongOnMarket THEN SELL ExitStake CONTRACTS AT MARKET ELSE EXITSHORT ExitStake CONTRACTS AT MARKET ENDIF ExitPrice = TradePrice ENDIF // IF Time >= ValidTill THEN SELL AT MARKET EXITSHORT AT MARKET ELSIF (abs(CountOfPosition) < Stake) AND MyProfit > 0 THEN IF LongOnMarket THEN SELL AT ExitPrice STOP ELSE EXITSHORT AT ExitPrice STOP ENDIF ENDIF ENDIF graphonprice ExitPrice

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85

  DEFPARAM CumulateOrders = False // OpeningPrice = 14060 TP1          = 20 TP2          = 50 SL           = 20 ValidTill    = 210000          //set to 240000 to never stop it until either SL or TP is hit Stake        = 2 Distance     = 6 EnterType    = 2               //1=Long,  2=Short // IF Not OnMarket THEN tempSL = SL ENDIF // OpenLots     = abs(CountOfPosition) IF OpenLots < OpenLots[1] THEN a = 2 ENDIF IF Not OnMarket THEN ExitPrice = 0 Stake     = max(2,Stake) ExitStake = floor(Stake / 2,1) //LONG  trade IF EnterType = 1 THEN IF close > (OpeningPrice + Distance) THEN BUY Stake CONTRACTS AT OpeningPrice LIMIT ELSIF close < (OpeningPrice - Distance) THEN BUY Stake CONTRACTS AT OpeningPrice STOP ELSE BUY Stake CONTRACTS AT Market                  //comment out (or delete) this line not to enter at //                                               market when distance is too close to the current price ENDIF ENDIF //SHORT trade IF EnterType = 2 THEN IF close > (OpeningPrice + Distance) THEN SELLSHORT Stake CONTRACTS AT OpeningPrice STOP ELSIF close < (OpeningPrice - Distance) THEN SELLSHORT Stake CONTRACTS AT OpeningPrice LIMIT ELSE SELLSHORT Stake CONTRACTS AT Market            //comment out (or delete) this line not to enter at //                                               market when distance is too close to the current price ENDIF ENDIF // SET STOP   pLOSS   tempSL SET TARGET pPROFIT TP2 ENDIF // IF OnMarket AND tempSL = SL THEN MyProfit = PositionPrice * PositionPerf / PipSize IF MyProfit >= 10 THEN tempSL = min(15,SL) SET STOP pLOSS  tempSL ENDIF ENDIF // IF OnMarket AND Not OnMarket[1] THEN ExitPrice = TradePrice + (TP1 * PipSize) ENDIF // IF OnMarket THEN MyProfit = PositionPerf * PositionPrice / PipSize IF MyProfit >= TP1 AND (abs(CountOfPosition) = Stake) THEN IF LongOnMarket THEN SELL      ExitStake CONTRACTS AT MARKET ELSE EXITSHORT ExitStake CONTRACTS AT MARKET ENDIF ExitPrice = TradePrice ENDIF // IF Time >= ValidTill THEN SELL      AT MARKET EXITSHORT AT MARKET ELSIF (abs(CountOfPosition) < Stake) AND MyProfit > 0 THEN IF LongOnMarket THEN SELL      AT ExitPrice STOP ELSE EXITSHORT AT ExitPrice STOP ENDIF ENDIF ENDIF graphonprice ExitPrice

  1 user thanked author for this post.

  kr2009

  

  robertogozzi

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