stop loss in USDJPY trading strategy – 1minTF – SAR and EMA

• 11/14/2020 at 2:23 AM #150439
  swiezak

  Hi

  Is possible to put in code stop loss variables betwen 100 and 500 or just stop loss that loss not excess 100 any  trade

  Please help my any idea ??

  DEFPARAM CumulateOrders = false //INDICATORS// mm3= exponentialaverage[200*3] mm2= exponentialaverage[200*1.5] mm1= exponentialaverage[200*1] PARABOLIC = SAR[0.001,0.001,0.2] C1 = PARABOLIC>HIGH //RED SAR = SHORT C2 = PARABOLIC<LOW //GREEN SAR = LONG Spread = 1.1 // //MONEY MGT// Equity = (Strategyprofit+20000) Risk = round(Equity/100000) Losses = positionperf(1)<0 and positionperf(2)<0 and positionperf(3)<0 streak = positionperf(1)>0 and positionperf(2)>0 and positionperf(3)>0 if losses then n = max(abs(round(max(3+risk-2,risk-2))),2) elsif not losses then n = max(abs(round(max(3+risk,risk))),2) endif if streak then n = max(abs(round(max(5+risk,risk))),2) endif // T1 = (barindex-tradeindex>=3) T2 = (barindex-tradeindex>=3) //ENTER LONG// if (mm1>mm2 and mm2>mm3) and c2 AND T1 then buy n contract at breakeven+spread*pipsize limit breakeven = parabolic if T2 and longonmarket then sellshort at breakeven+spread*pipsize stop endif endif //ENTER SHORT// if (mm1<mm2 and mm2<mm3) and c1 and T1 then sellshort n contract at breakeven-spread*pipsize limit breakeven = parabolic if T2 and shortonmarket then exitshort at breakeven-spread*pipsize stop endif endif

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  DEFPARAM CumulateOrders = false //INDICATORS// mm3= exponentialaverage[200*3] mm2= exponentialaverage[200*1.5] mm1= exponentialaverage[200*1] PARABOLIC = SAR[0.001,0.001,0.2] C1 = PARABOLIC>HIGH //RED SAR = SHORT C2 = PARABOLIC<LOW //GREEN SAR = LONG Spread = 1.1 //   //MONEY MGT// Equity = (Strategyprofit+20000) Risk = round(Equity/100000) Losses = positionperf(1)<0 and positionperf(2)<0 and positionperf(3)<0 streak = positionperf(1)>0 and positionperf(2)>0 and positionperf(3)>0 if losses then n = max(abs(round(max(3+risk-2,risk-2))),2) elsif not losses then n = max(abs(round(max(3+risk,risk))),2) endif if streak then n = max(abs(round(max(5+risk,risk))),2) endif //   T1 = (barindex-tradeindex>=3) T2 = (barindex-tradeindex>=3)   //ENTER LONG// if (mm1>mm2 and mm2>mm3) and c2 AND T1 then buy n contract at breakeven+spread*pipsize limit breakeven = parabolic if T2 and longonmarket then sellshort at breakeven+spread*pipsize stop endif endif   //ENTER SHORT// if (mm1<mm2 and mm2<mm3) and c1 and T1 then sellshort n contract at breakeven-spread*pipsize limit breakeven = parabolic if T2 and shortonmarket then exitshort at breakeven-spread*pipsize stop endif endif

   

  

  swiezak

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  11/14/2020 at 2:47 AM #150444
  robertogozzi

  Always use the ‘Insert PRT Code’ button when putting code in your posts to make it easier for others to read.

  Thank you 🙂

   

  

  robertogozzi

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  11/16/2020 at 3:41 PM #150668
  Nicolas

  You can set a stop loss at 100$ with:

  set stop $loss 100

  1	set stop $loss 100

  But since you are using dynamic position size, the stoploss size in points could be very tight sometimes (if position size is big).

  

  Nicolas

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