Move Stop Loss to BE

• 05/24/2016 at 7:57 PM #7923
  GunnerNic

  Hi all,

  I have a problem trying to bring my stop loss to break after price has moved in my favour, can anyone help?

  The following coding is not doing anything:

  // Stops and targets SET STOP PLOSS 180 IF LONGONMARKET AND close-tradeprice(1) >= 270 THEN SET STOP LOSS (tradeprice(1) + 20) ENDIF

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  // Stops and targets SET STOP PLOSS 180   IF LONGONMARKET AND close-tradeprice(1) >= 270 THEN SET STOP LOSS (tradeprice(1) + 20) ENDIF

  Thank you in advance!

  Steve

  

  GunnerNic

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  05/24/2016 at 9:49 PM #7937
  davidp13

  Here you go Nick – http://www.prorealcode.com/topic/breakeven-or-sl-to-entry-code/

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  Nicolas

  

  davidp13

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  05/24/2016 at 10:23 PM #7939
  GunnerNic

  Thanx Dave!

  

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  05/25/2016 at 9:57 AM #7957
  Adolfo

  Hey, did you fixed it yet? Here is a posible solution:

  // Stops and targets SET STOP PLOSS 180 // Market Spread Spread = 1*Pipsize IF NOT ONMARKET THEN stoploss = 0 ENDIF IF LONGONMARKET AND close-tradeprice(1) >= 270 THEN // SET STOP LOSS (tradeprice(1) + 20) stoploss = TradePrice(1)+spread ENDIF SELL AT stoploss STOP

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  // Stops and targets SET STOP PLOSS 180   // Market Spread Spread = 1*Pipsize   IF NOT ONMARKET THEN stoploss = 0 ENDIF   IF LONGONMARKET AND close-tradeprice(1) >= 270 THEN // SET STOP LOSS (tradeprice(1) + 20) stoploss = TradePrice(1)+spread ENDIF   SELL AT stoploss STOP

  Have a nice day and better trading!

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  Nicolas

  

  Adolfo

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  05/25/2016 at 10:15 AM #7964
  Nicolas

  Hey guys,

  Please also keep in mind that “+20” needs to be converted to the pip size of the instrument if needed.

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  Adolfo

  

  Nicolas

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