Stop Loss at breakeven and close half of position Take Profit – Strategy Coding

• 02/25/2019 at 4:42 PM #92279
  Maisam Zaidi

  Hello,

  Can someone please help me with the following:

  Rules for LONG Trades;

  1. Initial Stop at 65 pips.
  2. Close half of the position at +50 pips; move stop loss on rest to initial entry price (breakeven).
  3. Close remainder of position at +195 pips.

  Same rules apply for SHORT trades.

  I am trying to do a backtest on EURUSD. Can anyone please provide the code for the above rules.

  Thank you.

  Regards,
  Maisam

  

  Maisam Zaidi

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  02/26/2019 at 10:21 AM #92331
  Nicolas

  Everything you need for this is included in this code example: https://www.prorealcode.com/topic/bollinger-band-coding-help-please/#post-80959

  Levels are expressed in percentage of the takeprofit and not in pips for breakeven/partial closure.

  

  Nicolas

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  02/26/2019 at 3:26 PM #92374
  Maisam Zaidi

  Thanks @ Nicolas.

  I will have a look.

  

  Maisam Zaidi

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