Target profit does not work

• 10/20/2019 at 5:12 PM #110647
  LouRichard

  Hello,

  I use the following code but the target profit does not work I don’t understand why

  itarget = fibo0+irange*1.618 istop = fibo0-2*pointsize buy n contract at market set stop loss istop set target profit itarget graph itarget as "itarget buy"

  1 2 3 4 5 6 7 8 9

  itarget = fibo0+irange*1.618 istop = fibo0-2*pointsize   buy n contract at market   set stop loss istop set target profit itarget   graph itarget as "itarget buy"

   

  

  LouRichard

  Participant

  Topics: 12

  Replies: 30

  Been thanked: 2 times
  10/20/2019 at 5:55 PM #110650
  Vonasi

  LouRichard – Please always use the ‘Insert PRT Code’ button when posting code as it makes it much easier for others to read. I will tidy up your post for you! 🙂

  

  Vonasi

  Moderator

  Topics: 192

  Replies: 5088

  Been thanked: 1812 times
  10/20/2019 at 5:59 PM #110651
  Vonasi

  Without knowing what the values of fibo0 and irange are it is impossible to say but at a guess I would say you are probably calculating a price to sell at rather than a distance to sell at. SET STOP and SET TARGET require a distance in pips (or a distance in percentage if using %LOSS and %TARGET).

  

  Vonasi

  Moderator

  Topics: 192

  Replies: 5088

  Been thanked: 1812 times
  10/20/2019 at 6:44 PM #110653
  LouRichard

  Hello Vonasi,

  Thanks for your reply and the mod on my code.

  Ok I understand my error it is because I try to sell at a value and not a distance

  Thanks

  

  LouRichard

  Participant

  Topics: 12

  Replies: 30

  Been thanked: 2 times
  10/20/2019 at 7:34 PM #110660
  Vonasi

  What a guess! 🙂

  

  Vonasi

  Moderator

  Topics: 192

  Replies: 5088

  Been thanked: 1812 times
• Author
  Posts