Lowest/Highest Low/High

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

  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:

  Target from hh or ll

  If (highest[barindex - tradeindex](high)) - close >= 50 Then Exitshort at market Endif If close - (lowest[barindex - tradeindex](low)) >= 50 Then Sell at market Endif

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  If (highest[barindex - tradeindex](high)) - close >= 50 Then Exitshort at market Endif If close - (lowest[barindex - tradeindex](low)) >= 50 Then Sell at market Endif

   

  

  Johann

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  07/30/2020 at 2:40 PM #140474
  robertogozzi

  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

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  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

   

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  Johann

  

  robertogozzi

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  07/31/2020 at 7:51 AM #140530
  Johann

  Thanks Robertogozzi,

  I will try and see how it will work, I also thought I can try the following:

  Measure from hh and ll

  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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  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

   

  

  Johann

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  Topics: 13

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  Been thanked: 3 times
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