Hello - I am having trouble working out how to enter and scale out on
the same bar:
This code enters my position:
if (entrybar[i]==1)
{
Buy[i] = 1;
BuyPrice[i] = O[i];
}
This code exits at a 5 point profit on the same bar:
if (entrybar[i]==1)
{
Buy[i] = sigScaleOut;
BuyPrice[i] = O[i] + 5; // ie. 5 points from my original
buyprice
}
Then I finally sell:
if (exitbar[i]==1)
{
Sell[ i ] = 1;
SellPrice[i] = O[i];
}
However, the 5 point profit scaleout isn't working in the backtester
- maybe because of two "Buyprice" instructions on the same bar???
Can anyone advise on the correct code to do this on the same bar
please - thanks!