Lowest/Highest Low/High

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07/30/2020 at 12:56 PM #140460 quote
Johann
Participant

Average
Hi PRC Team,

I want to measure my target profit from the highest high or lowest low as measured after the trade and not from the entry price. I tried the following but it did not work:
```
If (highest[barindex - tradeindex](high)) - close >= 50 Then
Exitshort at market
Endif
If close - (lowest[barindex - tradeindex](low)) >= 50 Then
Sell at market
Endif
```
07/30/2020 at 2:40 PM #140474 quote
robertogozzi
Moderator

Master
CLOSE moves every bar, so it can’t work!

You’ll have to replace CLOSE with TradePrice to make it work.

Moreover, you may happen to be reported an error because HIGHEST and LOWEST may have 0 as a lookback number.

I suggest that you replace the above code with:
```
If ShortOnMarket AND (highest[max(1,barindex - tradeindex)](high)) - close >= 50 Then
   Exitshort at market
Endif
If LongOnMarket AND close - (lowest[max(1,barindex - tradeindex)](low)) >= 50 Then
   Sell at market
Endif
```
Johann thanked this post
07/31/2020 at 7:51 AM #140530 quote
Johann
Participant

Average
Thanks Robertogozzi,

I will try and see how it will work, I also thought I can try the following:
```
If Longonmarket and Close>=(Lowest[Barindex-TradeIndex](Low) +5 0) Then
Sell at Market
Endif
If Shortonmarket and Close <= (Highest[Barindex-TradeIndex](High) - 50) Then
Exitshort at Market
EndIf
```
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Lowest/Highest Low/High

ProOrder: Automated Strategies & Backtesting

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Johann @johann Participant

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This topic contains 2 replies,
has 2 voices, and was last updated by Johann
5 years, 7 months ago.

Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	07/30/2020
Status:	Active
Attachments:	No files

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