Break Even Stop /Stop Loss

I am struggling to find a break even stop for my short positions! My Break even for long works correct, see here:

For the setting a StopLoss or Break Even as seen above when in a SHORT position, I thought the opposite should work:
So Stoploss comes into play when price is ABOVE certain threshold. For the breakeven to become valid Close has to be < first. The ShortLiqpoint is defined the opposite from the longliqpoint.
Does anybody know where the mistake in the short Breakeven/SL code is?

Hello Jonny473,

Please try adding the following conditions to your script:

Hi Angelina,

no does not seem to work!

setbreakeven(); should work. Inside the bracket you put the per contract dollar amount at which point a break even stop is set. Put it at the end of your code and it should work just fine. Only thing worth noting is if you have an OCO order in place or similar orders, when the break even stop is triggered, outstanding orders are cancelled and then resubmitted. So if you rely on line queue with limit orders, you're queue will disappear as those limit orders re cancelled and resubmitted.

Hi Tony, thanks for the response- unfortunately also not working. Could you briefly show in the code how you would do it. Thank you very much!

Say you want a break even stop once a 3 tick profit target is met. Which means once you are 3 ticks in the money based on entry price, whether long or short, then a stop will be generated at entry price. So you would literally just right setbreakeven(n); where n equals the dollar value per contract for 3 ticks. Perhaps I'm misunderstanding though what you want to accomplish.

I get your point but I do not want to use absolute numbers. Furthermore I want to calculate that threshold before the break even becomes valid by using average true range multiplied by x just like in the longliqpoint or shortliqpoint (vice versa) shown above.