Ichimoku using Tenkansen as stop

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    Posts
  • 08/16/2016 at 4:07 PM #11765 quote
    Dymjohn
    Participant
    Senior

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

    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/

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Ichimoku using Tenkansen as stop


ProBuilder: Indicators & Custom Tools

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Dymjohn @dymjohn Participant
Summary

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

Topic Details
Forum: ProBuilder: Indicators & Custom Tools
Language: English
Started: 08/16/2016
Status: Active
Attachments: No files
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