auto trading profit target

Questions about MultiCharts and user contributed studies.
djmoura
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Joined: 15 Apr 2013

auto trading profit target

Postby djmoura » 03 Dec 2013

Hi,
My first trade's profit target is set to 10 ticks, do you have any suggestion on how to program my second trade's profit target 5 ticks automatically?
Thanks.

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Henry MultiСharts
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Re: auto trading profit target

Postby Henry MultiСharts » 04 Dec 2013

Hello djmoura,

Please describe the particular difficulty you have.

djmoura
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Re: auto trading profit target

Postby djmoura » 05 Dec 2013

I am not sure how to capture the second trade of the day. Do you have any example code? Tks

shanemcdonald
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Re: auto trading profit target

Postby shanemcdonald » 05 Dec 2013

Are you talking about scaling in or out ?

A second profit target on second contract ?

djmoura
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Re: auto trading profit target

Postby djmoura » 05 Dec 2013

scaling out
second profit target.
tks!

shanemcdonald
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Re: auto trading profit target

Postby shanemcdonald » 05 Dec 2013

I don't know about autotrading, but to set it up in chart trader, you can select master strategy from exit strategies and select the number of contracts in upper right.
Then set your stops and targets for each contract.
You can save it as a custom template and re-use it in the future.

See attached image.

Right click chart trader and select full mode if you do not see strategies on bottom.

Is this what you mean ?

shane
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MAtricks
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Re: auto trading profit target

Postby MAtricks » 08 Dec 2013

Try to be a bit more descriptive. There are so many helpful individuals and staff on these forums, but you've given so little information that it's hard to help out..


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