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How to keep a constant value for a SL calculated at TRADEINEX?

Khaled · 2021-04-22T20:20:01+00:00

Hi everyone, I’d like to keep my SL constant equal to (for Long) SL=TRADEPRICE-Low[1] The problem in writing TRADEPRICE-Low[1] is that Low[1] keeps changing at each bar. Once executing a trade, how can I keep this value constant until exiting the trade? Thanks

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How to keep a constant value for a SL calculated at TRADEINEX?

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04/22/2021 at 9:20 PM #167825 quote
Khaled
Participant

Veteran
Hi everyone,

I’d like to keep my SL constant equal to (for Long)
```
SL=TRADEPRICE-Low[1]
```
The problem in writing TRADEPRICE-Low[1] is that Low[1] keeps changing at each bar.

Once executing a trade, how can I keep this value constant until exiting the trade?

Thanks
04/22/2021 at 9:32 PM #167826 quote
robertogozzi
Moderator

Legend
First set SL to ZERO when Not OnMarket, then use your expression only when SL=0. So it will not change next bar:
```
If Not OnMarket then
  SL = 0
Endif
 .
 .
 If OnMarket and SL = 0 then
   SL=TRADEPRICE-Low[1]
Endif
```
Khaled and Midlanddave thanked this post
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How to keep a constant value for a SL calculated at TRADEINEX?

ProOrder: Automated Strategies & Backtesting

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Khaled @khaled Participant

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This topic contains 1 reply,
has 2 voices, and was last updated by robertogozzi
5 years, 5 months ago.

Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	04/22/2021
Status:	Active
Attachments:	No files

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How to keep a constant value for a SL calculated at TRADEINEX?

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How to keep a constant value for a SL calculated at TRADEINEX? ProOrder: Automated Strategies & Backtesting

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How to keep a constant value for a SL calculated at TRADEINEX?

ProOrder: Automated Strategies & Backtesting