SET STOP PROFIT vs SET TARGET PROFIT

• 05/22/2025 at 9:17 AM #247473
  dbl007

  I am confuse about the difference between these 2 : SET STOP PROFIT vs SET TARGET PROFIT
  Example:

  IF NOT ONMARKET THEN
  BUY 1 CONTRACT AT MARKET
  SET STOP LOSS 10
  SET TARGET PROFIT 20
  ENDIF

  IF NOT ONMARKET THEN
  BUY 1 CONTRACT AT MARKET
  SET STOP LOSS 10
  SET STOP PROFIT 20
  ENDIF

  Are  they the same?

  

  dbl007

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  05/22/2025 at 9:37 AM #247474
  GraHal

  Yes, the links below show they are the same, but NOTE: you need to take account of pipsize.

  https://www.prorealcode.com/documentation/target/
  https://www.prorealcode.com/documentation/set-stop-profit/

  2 users thanked author for this post.

  Iván, robertogozzi

  

  GraHal

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