SET STOP PROFIT vs SET TARGET PROFIT

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  • #247473 quote
    dbl007dbl007
    Participant
    Junior

    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?

    #247474 quote
    GraHalGraHal
    Participant
    Master

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

    TARGET

    Set Stop Profit

    robertogozzi and Iván González thanked this post
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SET STOP PROFIT vs SET TARGET PROFIT


ProOrder: Automated Strategies & Backtesting

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This topic contains 1 reply,
has 2 voices, and was last updated by GraHalGraHal
1 year, 3 months ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 05/22/2025
Status: Active
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