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how to code trailing stop loss to EMA

hemalashah2000 · 2022-06-14T05:29:18+00:00

Hi, I am new to Pro Real Code, I need help to code trailing stop loss linked to EMA…any help will be much appreciated.

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how to code trailing stop loss to EMA

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06/14/2022 at 6:29 AM #195237 quote

hemalashah2000
Participant

New

Hi, I am new to Pro Real Code, I need help to code trailing stop loss linked to EMA…any help will be much appreciated.

06/14/2022 at 9:02 AM #195241 quote
Nicolas
Keymaster

Legend
Example with a buy order, set the stoploss on a 20 periods EMA:
```
if not longonmarket and buyconditions then 
 buy 1 contract at market 
 newBuysl=average[20,1]
 set stop price newBuysl
endif 

if longonmarket then
 newBuysl = max(newBuysl, average[20,1])
 set stop price newBuysl
endif
```
(not tested)
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how to code trailing stop loss to EMA

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hemalashah2000 @hemalashah2000 Participant

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This topic contains 1 reply,
has 2 voices, and was last updated by Nicolas
4 years, 4 months ago.

Topic Details

Forum:	ProBuilder: Indicators & Custom Tools
Language:	English
Started:	06/14/2022
Status:	Active
Attachments:	No files

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how to code trailing stop loss to EMA

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how to code trailing stop loss to EMA ProBuilder: Indicators & Custom Tools

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how to code trailing stop loss to EMA

ProBuilder: Indicators & Custom Tools