Strategy Take Profit Logic

user_01 · Postby **user_01** » 23 Apr 2024

Hi guys, i implemented a partial take profit strategy but it seems to not work properly in real-time. In backtest it works fine. I trade daily bars and have IOG turned on. From the image attached, you could see that it takes TP1 right after it enters a buy at the same price. Can someone explain why this difference happens in real-time vs backtesting? I dont believe it is a code issue because it works fine in backtest. Maybe theres some difference in settings for real-time data and historical data im not aware of. Thank you in advance.

Code: Select all

if condition1 and condition2 and condition3 and condition4 then begin
	contract_size = (equity * (Risk/100)) / (close - sl);
	if contract_size > max_buypower / close then
       		contract_size = max_buypower / close;
      	pt1 = close + 1 * (close - sl);
       pt2 = close + 5 * (close - sl);
       pt3 = close + 10 * (close - sl);
       var0 = ((contract_size + currentcontracts) * close / equity) * 100;
	Buy(NumToStr(var0,2) + "%") contract_size contracts next bar x limit;
	end;
	
if close < sl - ticksl then	
	Sell("Initial SL") next bar on market;
	
if marketposition <> 0 and close >= pt1 then begin
	Sell("PT1") 0.5 * currentcontracts contracts next bar on market;
	end;