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use of GRAPHONPRICE with a STOP %TRAILING

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ProOrder: Automated Strategies & Backtesting
use of GRAPHONPRICE with a STOP %TRAILING

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01/24/2025 at 4:39 PM #243068 quote

oliTR

Participant

Average

Hello,

is it possible to use GRAPHONPRICE with instruction such as a STOP %TRAILING ?

Thanks

01/24/2025 at 5:29 PM #243073 quote

Iván González

Moderator

Legend

Hello. You should create a trail stop variable and from there you could even play with the transparency so that it only draws when you are inside the operation. Here is an example

sma=average[50,0](close)
// This will control the STOP LOSS transparency
if not onmarket then
transparency=0 //transparency
else
transparency=255
endif
// Long Trades
if not onmarket and close crosses over sma then
stopLoss=close-2*averagetruerange[14](close)
targetProf=close+2*(-stopLoss+close)
buy 1 contracts at market
endif

set stop price stopLoss
set target price targetProf

graphonprice stopLoss coloured(255,0,0,transparency)

fifi743 and oliTR thanked this post

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use of GRAPHONPRICE with a STOP %TRAILING

ProOrder: Automated Strategies & Backtesting

New Reply

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oliTR @olitr Participant

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This topic contains 1 reply,
has 2 voices, and was last updated by Iván González
1 year, 7 months ago.

Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	01/24/2025
Status:	Active
Attachments:	No files

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use of GRAPHONPRICE with a STOP %TRAILING

Stuck on this ProBuilder code?

use of GRAPHONPRICE with a STOP %TRAILING ProOrder: Automated Strategies & Backtesting

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use of GRAPHONPRICE with a STOP %TRAILING

ProOrder: Automated Strategies & Backtesting