Ichimoku using Tenkansen as stop

• 08/16/2016 at 4:07 PM #11765
  Dymjohn

  Hi

  Seem to be unable to fathom this one out can anyone help? The following is stopping me out on the same candle as entry I’m sure its something simple and the code could be simplified:-

  // first stops if longonmarket THEN DIFF = (close-Tenkansen)*pointsize sl = (close-Tenkansen)*pointsize set stop ploss sl endif if shortonmarket THEN DIFF = (tenkansen-close)*pointsize sl = (tenkansen-close)*pointsize set stop ploss sl endif // dynamic change of stops if longonmarket then dynamicsl = sl if (DIFF > dynamicsl) then dynamicsl = DIFF endif endif if shortonmarket then dynamicsl = sl if (DIFF > dynamicsl) then dynamicsl = DIFF endif endif

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  // first stops if longonmarket THEN DIFF = (close-Tenkansen)*pointsize sl = (close-Tenkansen)*pointsize set stop ploss sl endif if shortonmarket THEN DIFF = (tenkansen-close)*pointsize sl = (tenkansen-close)*pointsize set stop ploss sl endif // dynamic change of stops if longonmarket then dynamicsl = sl if (DIFF > dynamicsl) then dynamicsl = DIFF endif endif if shortonmarket then dynamicsl = sl if (DIFF > dynamicsl) then dynamicsl = DIFF endif endif

   

  

  Dymjohn

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  08/18/2016 at 8:35 AM #11809
  Nicolas

  I wrote a blog post about how to use an indicator value for an order stoploss. I think this is what you need for your project :

  http://www.prorealcode.com/blog/learning/moving-stoploss-dynamic-informations-proorder/

  

  Nicolas

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