Hi all,
I’m having some trouble setting up several target profits in the same automated trading. The idea is to decrease the target profits the longer a trade is on market, so my code looks like this:
if longonmarket and barindex - tradeindex(1) <= 1 then
SET TARGET $PROFIT 50
elsif longonmarket and barindex - tradeindex(1) > 1 and barindex - tradeindex(1) <= 3 then
SET TARGET $PROFIT 30
elsif barindex - tradeindex(1) > 3 then
sell at market
endif
Set stop ploss 20
Only thing is, this doesn’t seem to be working in backtesting
Any ideas?
Thanks.