SL or TP Auto Adjustment

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  • 02/11/2019 at 3:53 PM #91077 quote
    PEDRAM.JOKAR
    Participant
    Average

    Hi

    is there any feature in PRT to define price levels to change and adjust SL or TP automatically when in market? Should it be coded in auto-trading? How?

    02/11/2019 at 4:16 PM #91079 quote
    robertogozzi
    Moderator
    Master

    You can:

    02/11/2019 at 5:56 PM #91089 quote
    PEDRAM.JOKAR
    Participant
    Average

    I am sorry if i may not conveyed my question properly. Actually, I want an automated way to adjust Stop Loss level based on changing price. for example, if price reached certain level then put stop loss at a new defined level.

    02/11/2019 at 6:09 PM #91090 quote
    robertogozzi
    Moderator
    Master

    You can add Nicolas’code to your strategy https://www.prorealcode.com/blog/trading/complete-trailing-stop-code-function/.

    02/17/2019 at 6:27 AM #91556 quote
    PEDRAM.JOKAR
    Participant
    Average

    let’s say we are entered Long on market at price 0.1111 and put Stop Loss at 0.1100 manually. I wish to adjust SL to the price 0.1110 when price reached to 0.1121 automatically.

    could below code be applied by auto trading for my purpose?

    defparam CUMULATEORDERS=false

V1= 0.1121   //price//
V2= 1 //PIPS//
c1=low crosses over v1

if longonmarket and c1 then
SET STOP PLOSS v2
endif
    02/17/2019 at 8:25 AM #91561 quote
    robertogozzi
    Moderator
    Master

    ProOrder cannot deal with manually opened trades.

    ProOrder will stop a strategy if a trade that has been  opened automatically is later modified/closed manually.

    02/18/2019 at 7:16 AM #91596 quote
    PEDRAM.JOKAR
    Participant
    Average

    so, no other method than pro order to fulfill my purpose?

    02/18/2019 at 8:29 AM #91600 quote
    robertogozzi
    Moderator
    Master

    It can’t be done.

    02/18/2019 at 11:04 AM #91616 quote
    Nicolas
    Keymaster
    Master

    You can add an automatic trailing stop to a manual order:

    [youtube]https://youtu.be/jmKZYsy3MQw?t=134[/youtube]

    PEDRAM.JOKAR thanked this post
    add-trailing-stop-to-order-prorealtime.png add-trailing-stop-to-order-prorealtime.png
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SL or TP Auto Adjustment


Platform Support: Charts, Data & Broker Setup

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PEDRAM.JOKAR @pedram-jokar Participant
Summary

This topic contains 8 replies,
has 3 voices, and was last updated by Nicolas
7 years ago.

Topic Details
Forum: Platform Support: Charts, Data & Broker Setup
Language: English
Started: 02/11/2019
Status: Active
Attachments: 1 files
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