Stop loss only during set trading hours

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  • Author
    Posts
  • 10/20/2022 at 5:11 PM #202860 quote
    robertogozzi
    Moderator
    Master

    Try this one:

    N  = 100
sl = 100 * pipsize
tp = 400 * pipsize
OK = time >= 100000 AND time <= 170000
if OK and not onmarket and close crosses over average[N,0](close) then
   buy at market
   exitprice = close - sl
endif
if OK and not onmarket and close crosses under average[N,0](close) then
   sellshort at market
   exitprice = close + sl
endif
IF OK then
   set target profit tp
ELSE
   set target profit 0
endif
set stop   loss   0
if OK then
   if longonmarket then
      if close > exitprice then
         sell at exitprice STOP
      elsif close < exitprice then
         sell at exitprice LIMIT
      endif
   elsif shortonmarket then
      if close > exitprice then
         exitshort at exitprice LIMIT
      elsif close < exitprice then
         exitshort at exitprice STOP
      endif
   endif
endif
//graph positionprice * positionperf / pipsize as "tempGain"
graph OK > 0
graphonprice tradeprice                      as "Entry price"
graphonprice exitprice coloured(255,0,0,255) as "Stop Loss"
    10/24/2022 at 10:09 AM #202974 quote
    ProRealP
    Participant
    Senior

    Thanks!

    I’ll give it a go and see how it works out.

  • Author
    Posts
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Stop loss only during set trading hours


ProOrder: Automated Strategies & Backtesting

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ProRealP @prorealpierre Participant
Summary

This topic contains 16 replies,
has 5 voices, and was last updated by ProRealP
3 years, 3 months ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 08/13/2022
Status: Active
Attachments: 2 files
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