Search found 14 matches
- 02 Aug 2022
- Forum: MultiCharts
- Topic: Percentage Intraday Drawdown Stop for each trade
- Replies: 2
- Views: 550
Re: Percentage Intraday Drawdown Stop for each trade
Thank you Polly! Hi altoncrooks, You can use special orders SetStopLoss and SetPercentTrailing . They can close the entire position but can’t close the separate trade. Unfortunately there is no pre-built function for MAE. In the strategy performance report it is calculated as a percentage from the v...
- 29 Jul 2022
- Forum: MultiCharts
- Topic: Percentage Intraday Drawdown Stop for each trade
- Replies: 2
- Views: 550
Percentage Intraday Drawdown Stop for each trade
I would like to know is there is a function that can help me to generate stops at a level that is set by a percentage of an individual trade position. I would like to use the Maximum Adverse Excursion diagram to find the best percentage stop. But I don't know how to set a stop that would fit the per...
- 29 Jul 2022
- Forum: MultiCharts
- Topic: Determining if a Profit Target or Stop Loss is fill [SOLVED]
- Replies: 2
- Views: 1012
Re: Determining if a Profit Target or Stop Loss is fill [SOLVED]
Thank you so much Svetlana. Have a great weekend!
- 27 Jul 2022
- Forum: MultiCharts
- Topic: Indicator messing up my charts [SOLVED]
- Replies: 11
- Views: 1651
Re: Indicator messing up my charts [SOLVED]
Thank you so much. Your advice worked. Thank you, sir! Alton, please refer to the second sentence of the first reply in this thread. Checking the value before you plot should solve your problem. When you are dealing with static values like overbought/oversold values you could also save them in a var...
- 22 Jul 2022
- Forum: MultiCharts
- Topic: Determining if a Profit Target or Stop Loss is fill [SOLVED]
- Replies: 2
- Views: 1012
Determining if a Profit Target or Stop Loss is fill [SOLVED]
Greetings I would like to code a re-entry trade into my script when my stop loss is hit and closes a position but the instrument turns and moves back in the direction of my original logic. I only want to re-enter if my stop loss is hit not my profit target. I see that the Order Name comes our as eit...
- 21 Jul 2022
- Forum: MultiCharts
- Topic: Indicator messing up my charts [SOLVED]
- Replies: 11
- Views: 1651
Re: Indicator messing up my charts [SOLVED]
inputs: Price( Close ), Length( 14 ), OverSColor( red ), OverBColor( cyan ) ; variables: RSIhld( 0 ), OverBought( 0 ), OverSold( 0 ), var0( 0 ) ; //Length = AccuracySetNamedInt("gRSIPer", Length); //RSIhld = AccuracyGetNamedInt("gRSIhld", RSIhld); RSIhld = i_getplotvalue(1); OverBought = RSIhld; Ov...
- 20 Jul 2022
- Forum: MultiCharts
- Topic: Indicator messing up my charts [SOLVED]
- Replies: 11
- Views: 1651
- 20 Jul 2022
- Forum: MultiCharts
- Topic: Indicator messing up my charts [SOLVED]
- Replies: 11
- Views: 1651
Re: Indicator messing up my charts [SOLVED]
I hope this works. I tried to post a picture of what I am talking about but it does not come up as a picture. Thank you for any help you can provide. I would like to have the centerline on the two oscillators on the bottom charts stay in the center at the far right. Right now they just drop off to z...
- 20 Jul 2022
- Forum: MultiCharts
- Topic: Indicator messing up my charts [SOLVED]
- Replies: 11
- Views: 1651
Re: Indicator messing up my charts [SOLVED]
As you can see from the attachment, the centerline of the two ocsillators in the bottom two charts drops off to zero at the far right. I do not know why it does that. If anyone knows how to get them to stay in the half way point and not drop off at the end, I would greatly appreciate any help. Oscil...
- 19 Jul 2022
- Forum: MultiCharts
- Topic: Indicator messing up my charts [SOLVED]
- Replies: 11
- Views: 1651
Re: Indicator messing up my charts [SOLVED]
ABC Thank you for this. It worked. Is there a way to do this on indicators that are not on the same chart with an instrument? I am using an RSI indicator and I connected the setting of the RSI with a signal using a fuction. For some reason the centerline just drops to zero at the far right. Is there...
- 18 Jul 2022
- Forum: MultiCharts
- Topic: Indicator messing up my charts [SOLVED]
- Replies: 11
- Views: 1651
Indicator messing up my charts [SOLVED]
I made an indicator that tracks my stops on the chart. Unfortunately, when the stop is filled the indicator calculation goes to zero which messes up the scaling of my chart. Is there a way that I can fix this?
- 27 Apr 2022
- Forum: MultiCharts
- Topic: MAE Drawdown Stop Strategy
- Replies: 0
- Views: 561
MAE Drawdown Stop Strategy
I would like to create a stop strategy based on the Maximum Adverse Excursion of an individual trade. I have seen threads on doing this on a portfolio level. I would like to do it on an individual trade level. So If I do a backtest of a strategy and see on the %MAE chart that I can cut out a lot of ...
- 11 Mar 2022
- Forum: MultiCharts
- Topic: Dynamic Stops
- Replies: 25
- Views: 7043
Re: Dynamic Stops
Do you have any sample script with Dynamic stops that I can use to create my own script?
- 11 Mar 2022
- Forum: MultiCharts
- Topic: Dynamic stop
- Replies: 7
- Views: 2604
Re: Dynamic stop
Do you have any sample PowerLanguage code that I can use to make my own dynamic stop?