Each trade/position should have it's own stop loss and profit target.
For example example, 30% stop loss and 30% proift target.
All, the trades/positons, will have the same 30% profit/loss target for each indivdual trade
For example:
Trade_1
Entry Price $10, would have a $3 stop loss/proift target
Trade 2
Entry Pr ice $100, would have a $30 stop loss/profit taget
Code: Select all
if GO and (Close < Open) then
begin
Sell ("BuyOrder") MyShares shares next bar at Open;
SetProfitTarget(10); //( Open - (Open * ProfTrgPerc) );
SetStopLoss(10) ; //( (Open * StopLossPerc) );
// Sell ("SellOrder") MyShares next bar at (Open * StopLossPerc) stop;
// Sell ("TakeProfitOrder") MyShares next bar at (Close * ProfTrgPerc) limit;
end;