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Take profit after n days

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ProOrder: Automated Strategies & Backtesting
Take profit after n days

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Posts
09/26/2023 at 7:19 AM #221593 quote

rob.es
Participant

New

Hi how can I optimize taking profit after n days. For example If my condition then exit after n days and I want to see what n days has the best winrate to exit the trade.

09/26/2023 at 6:14 PM #221624 quote
robertogozzi
Moderator

Legend
If you are working on a Daily chart, you can compare the elapsed bars:
```
IF OnMarket AND (BarIndex - TradeIndex) = 8 THEN
   SELL AT MARKET
   EXITSHORT AT MARKET
ENDIF
```
if you want to exit the trade PROVIDED it’s profitable, this is the modified code:
```
IF OnMarket AND (BarIndex - TradeIndex) = 8 AND PositionPerf > 0 THEN
   SELL AT MARKET
   EXITSHORT AT MARKET
ENDIF
```
09/27/2023 at 5:11 AM #221633 quote

rob.es
Participant

New

Thank you
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Take profit after n days

ProOrder: Automated Strategies & Backtesting

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rob.es @rob-es Participant

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This topic contains 2 replies,
has 2 voices, and was last updated by rob.es
2 years, 11 months ago.

Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	09/26/2023
Status:	Active
Attachments:	No files

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Take profit after n days

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Take profit after n days ProOrder: Automated Strategies & Backtesting

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Take profit after n days

ProOrder: Automated Strategies & Backtesting