Hi everyone,

Does anyone know how I could have a running total of the pips I’ve accumulated while scalping? I want to remove the PNL value and only show the total pips for the day. Maybe there is some indicator that someone has coded that does this?

Kind regards,

Neel

There you go, simply run it in Backtest:

MyLongConditions  = close CROSSES OVER  average[20.0](close) AND Not LongOnMarket
MyShortConditions = close CROSSES UNDER average[20.0](close) AND Not ShortOnMarket
TPmultiplier      = 2.0
IF MyLongConditions THEN
   BUY 1 CONTRACT AT MARKET
   SLprice = lowest[5](low)
   TPprice = close + ((close - SLprice) * TPmultiplier)
   SET STOP   PRICE SLprice
   SET TARGET PRICE TPprice
ELSIF MyShortConditions THEN
   SELLSHORT 1 CONTRACT AT MARKET
   SLprice = highest[5](high)
   TPprice = close - ((SLprice - close) * TPmultiplier)
   SET STOP   PRICE SLprice
   SET TARGET PRICE TPprice
ENDIF
tempPIPS     = 0
IF OnMarket THEN
   tempPIPS  = PositionPrice * PositionPerf / PipSize
ENDIF
StrategyPIPS = StrategyProfit / PipSize / PipValue
TotalPIPS    = StrategyPIPS + tempPIPS
//
Graph tempPIPS       AS "current temp PIPS" coloured("Fuchsia")
Graph StrategyPIPS   AS "accumulated PIPS"  coloured("Blue")
Graph TotalPIPS      AS "total PIPS"        coloured("Green")
GraphOnPrice TPprice AS "Target"            coloured("Blue")
GraphOnPrice SLprice AS "Stop Loss"         coloured("Red")

x-20.jpg

Yes, but you need to keep the backtest open and updated trade after trade.

No you don’t need the Premium version.

Do a backtest and leave the backtest running as – from that point on – the code runs on Demo Live data.