How does SET TARGET PROFIT 0 work ?

• 06/09/2018 at 3:23 AM #72684
  anikrish

  Hi All,

  I’m trying to change my target to break even if my trade goes against the entry. In such cases, is it safe to use SET TARGET PROFIT 0 ?

  When I use SET TARGET PROFIT 0.5*pipsize the backtest results are drastically different.

  Can anyone shed some light on this ?

   

  Thanks,

  Anish

  

  anikrish

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  06/09/2018 at 7:27 AM #72685
  GraHal

  Hi anikrish

  Check this out

  https://www.prorealcode.com/topic/boosting-your-profits-set-target-profit-0-but-how-it-works/

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  anikrish

  

  GraHal

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  06/09/2018 at 7:51 AM #72686
  Vonasi

  Hello anikrish. Welcome to the forums. This topic is really a ProOrder Autotrading question so I have moved it to that thread.

  You may also be interested in this topic that I started – and for which it appears a final answer was never found. I guess the answer is don’t use SET Stop Loss with a value of zero as it does not work (unless someone has fixed it and it now does cancel the stop order like it says it should do in the PRT documentation).

  https://www.prorealcode.com/topic/set-value-at-zero-weird-results/

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  anikrish

  

  Vonasi

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  06/09/2018 at 10:26 PM #72740
  anikrish

  Thank you both.. I will avoid SET Stop Loss with a value of zero

  

  anikrish

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