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How to move my stop loss

Warsy · 2019-01-12T15:03:57+00:00

How to move my stop loss below the low of the latest bar when I’m in profit to lock more pips?

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ProOrder: Automated Strategies & Backtesting
How to move my stop loss

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01/12/2019 at 4:03 PM #88437 quote

Warsy
Participant

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How to move my stop loss below the low of the latest bar when I’m in profit to lock more pips?

01/12/2019 at 5:20 PM #88438 quote
robertogozzi
Moderator

Legend
Since you want to move your SL under the latest low, I assume you are LongOnMarket:
```
IF NotOnMarket THEN
   NewSL = 0
ENDIF
IF (close - TradePrice) >= 50 * pipsize THEN //50 pips or whatever you choose
   NewSL = max(NewSL,close - low)
ENDIF
IF NewSL > NewSL[1] THEN
   SET STOP LOSS NewSL
ENDIF
```
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How to move my stop loss

ProOrder: Automated Strategies & Backtesting

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Warsy @warsy Participant

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This topic contains 1 reply,
has 2 voices, and was last updated by robertogozzi
7 years, 9 months ago.

Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	01/12/2019
Status:	Active
Attachments:	No files

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How to move my stop loss

Stuck on this ProBuilder code?

How to move my stop loss ProOrder: Automated Strategies & Backtesting

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How to move my stop loss

ProOrder: Automated Strategies & Backtesting