How to get the current points ahead or behind in code

charleskyriakou · 2021-03-01T16:02:12+00:00

I would like to vary a trailing stop loss mid-trade depending on the current points ahead / behind of the trade, but I can’t seem to find the constant in the coding window function help. Does anyone know if this exists or how I can derive this value? Thanks in advance.

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03/01/2021 at 5:02 PM #162885 quote

charleskyriakou
Participant

Junior

I would like to vary a trailing stop loss mid-trade depending on the current points ahead / behind of the trade, but I can’t seem to find the constant in the coding window function help. Does anyone know if this exists or how I can derive this value?

Thanks in advance.

03/01/2021 at 9:10 PM #162899 quote
Mattias
Participant

Senior
Something like this?
```
status = close - tradeprice(1)
```
Simply check the difference between the current close and which price the last order was executed.

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03/02/2021 at 8:56 AM #162921 quote
Vonasi
Moderator

Master
Mattias’s suggestion will only work for long positions so you will need to use the reversed calculation for short positions:
```
status = tradeprice(1) - close
```
Also if you have multiple positions open at multiple prices then it won’t work.

You should consider using COUNTOFPOSITION with POSITONPRICE or POSITIONPERF in a calculation.

COUNTOFPOSITION

POSITIONPRICE

POSITIONPERF

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