Hello, I have searched through and not found anything in relation to being able to code this.
I am an intraday trader, I use a simple CCI system on the DAX, currently I stop trading after I reach a daily profit target per contract of 1000 euros and a daily loss of 400 euros. This helps me not to overtrade. I want to code into AFL the above. I may trade 4 or 5 times before I get to either daily profit target or daily maximum loss. Can anyone help me with this? The following formula is one I found as an example in help for daily profit, but I think this formula would work on daily bars. I would really appreciate some guidance - thanks, Sam ----------- With regards to below code - Apparently pos is 1 if in long trade AND 0 otherwise /////CODE/////// pos = Flip( Buy, Sell ); ////CODE////// E = Equity(); //How rich you were :-) Plot(Highest(E,"I should have sold",1,3); //Your Current Drawdown: Plot(Highest(E) - E,"Current DrawDown",4,1); //Trade profits: LongProfit = IIf(Sell,E - ValueWhen(Buy,E),0); ShortProfit = IIf(Cover,ValueWhen(Short,E)-E,0); Plot(IIf(Sell,LongProfit,0),"LProfit",8,2+4); Plot(IIf(Cover,ShortProfit,0),"SProfit",4,2+4); //Current Trade Profit: Lastbar = Cum(1) == LastValue( Cum(1) ); Plot(IIf(LastBar AND pos,E-ValueWhen(Buy,E),ValueWhen(Short,E) - E),"Current Profit",9,2+4); //DailyProfits: Plot(IIf(pos,E-Ref(E,-1),Ref(E,-1)-E),"Daily Profits",7,2); ///CODE////// I would really appreciate any help. Thanks, Sam
