Multiple Positions + Multiple exit targets [SOLVED]

hb7of9 · Postby **hb7of9** » 19 Oct 2023

I'm trying to have multiple positions, upto 50.

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;

I've tried a few diffent approaches but have not found a good soltion for this as yet, any ideas would be highly appreicated.

TJ · Postby TJ » 20 Oct 2023

SetProfitTarget and SetStopLoss are Global Exits. They are applied to the account instead of individual trades.

If you need to manage trades individually, you will need to code the management individually.

TJ · Postby TJ » 24 Oct 2023

See post #5
viewtopic.php?t=10811

Multiple Positions + Multiple exit targets [SOLVED]

Multiple Positions + Multiple exit targets

Re: Multiple Positions + Multiple exit targets [SOLVED]

Re: Multiple Positions + Multiple exit targets