Anyone knows what is wrong with the code below? It gives me strange results.
It ignores BreakevenTarget variable...
BreakevenTarget = 5;
priceatbuy=0;
highsincebuy = 0;
for( i = 0; i < BarCount; i++ )
{
if( priceatbuy == 0 AND Buy[ i ] )
{
priceatbuy = BuyPrice[ i ];
}
if( priceatbuy > 0 )
{
highsincebuy = Max( High[ i ], highsincebuy );
if( highsincebuy >= ( 1 + BreakevenTarget * 0.01 ) * priceatbuy )
{
// 5% target hit
sellpercent = 0;
} else {
sellpercent = 1;
}
}
}
ApplyStop(stopTypeLoss, stopModePercent,
sellpercent,exitatstop=True,volatile=True,ReEntryDelay=False);
--- In [email protected], "smrcek18" <smrce...@...> wrote:
>
> Hello,
>
> Can anyone help me with coding a stoploss that goes to break-even point and
> stays there?
>
> Let's look at this simple code:
>
> BuyPrice = C;
> SellPrice = C;
>
> Buy=C>Ref(H,-1);
> Sell=C<Ref(L,-1);
>
> ApplyStop(stopTypeLoss, stopModePercent, 1, True);
>
> I would like that when the price reaches +5% the stoploss moves from 1% to
> break-even point (zero+commision+spread) and stays there. Second option is to
> have a stoploss that goes to break-even point after a couple of days (lets
> say 10 days) and stays there.
>
> I was looking at similar example here
> http://www.mail-archive.com/[email protected]/msg45865.html, but it's
> too complicated for me :(
>
> I would appreciate if anyone could help me with that. Thanx.
>
