How to place Orders with TP1..TP2.. and take Profits in Stages

• 12/23/2020 at 11:24 AM #154961
  SeppT

  How to place orders with various TP- Levels in v11?

  How to take Profits at various Levels of the Trade in v11? i.e. The Trade has reached a Level and I want to take out 50% Profit with the remaining 50% caring on.

   

   

  

  SeppT

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  12/23/2020 at 11:44 AM #154965
  robertogozzi

  There you go (sell half position after 30 pips gained):

  IF MyLongConditions AND Not OnMarket THEN BUY 2 contracts at Market SET STOP ... SET TARGET ..... ENDIF IF LongOnMarket AND ((close - PositionPrice) > 30 * PipSize) THEN SELL 1 contract at Market ENDIF

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  IF MyLongConditions AND Not OnMarket THEN    BUY 2 contracts at Market    SET STOP ...    SET TARGET ..... ENDIF IF LongOnMarket AND ((close - PositionPrice) > 30 * PipSize) THEN    SELL 1 contract at Market ENDIF

   

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  SeppT

  

  robertogozzi

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  12/23/2020 at 11:57 AM #154969
  Vonasi

  SeppT  – Your topic has been moved. It is an auto strategy question and not a platform issue.

  Please post your future topics in the correct forum:
  _ ProRealTime Platform Support: only platform related issues.
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  _ General Discussion: any other topics.
  _ Welcome New Members: for new forum members to introduce themselves.

  

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  12/24/2020 at 2:05 PM #155127
  SeppT

  Hi Roberto,

  Tank you for your response and the code. I however won’t to do this on manual trades not as an auto strategy.

  

  SeppT

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  12/24/2020 at 2:20 PM #155130
  GraHal

  Manual trade is even easier surely … Buy 2 then sell 1 ?? 🙂

  

  GraHal

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  12/24/2020 at 2:32 PM #155134
  SeppT

  Thanks for your responce. I Figured that much, What Im trying to figure is how to take out 50% at TP1 a further 25% (of the remaining 50%) at TP2… and the rest can run till exit criteria is met.

   

  

  SeppT

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  12/24/2020 at 4:03 PM #155145
  GraHal

  So in manual trade … Buy 2, sell 1, then sell 0.25 then 0.75 runs until it meets your exit criteria?

  

  GraHal

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