Hello. I see MC has a pre-built Signal for Profit Target LX and SX. It is in dollars though. Do they have one in ticks rather than a dollar amount. Like a stop and target value in ticks instead of dollars? Can stops and targets be placed in ticks in Multi Charts?
Thanks.
Pre-built Signals.
-
ABC
- Posts: 718
- Joined: 16 Dec 2006
- Location: www.abctradinggroup.com
- Has thanked: 125 times
- Been thanked: 408 times
- Contact:
Re: Pre-built Signals.
Eric1704,
Multicharts has reserved words that would compute a tick based target or stop - namely SetProfitTarget_PT and SetStopLoss_PT.
You could create your own versions of Profit Target LX and SX by replacing SetProfitTarget. I would just suggest to do this a strategy with a different name, to avoid an updating overwriting your code changes.
Regards,
ABC
Multicharts has reserved words that would compute a tick based target or stop - namely SetProfitTarget_PT and SetStopLoss_PT.
You could create your own versions of Profit Target LX and SX by replacing SetProfitTarget. I would just suggest to do this a strategy with a different name, to avoid an updating overwriting your code changes.
Regards,
ABC
Hello. I see MC has a pre-built Signal for Profit Target LX and SX. It is in dollars though. Do they have one in ticks rather than a dollar amount. Like a stop and target value in ticks instead of dollars? Can stops and targets be placed in ticks in Multi Charts?
Thanks.
Re: Pre-built Signals.
Thanks. Something like this? AM new to MC. On the bottom of the curve yet.Eric1704,
Multicharts has reserved words that would compute a tick based target or stop - namely SetProfitTarget_PT and SetStopLoss_PT.
You could create your own versions of Profit Target LX and SX by replacing SetProfitTarget. I would just suggest to do this a strategy with a different name, to avoid an updating overwriting your code changes.
Regards,
ABC
Hello. I see MC has a pre-built Signal for Profit Target LX and SX. It is in dollars though. Do they have one in ticks rather than a dollar amount. Like a stop and target value in ticks instead of dollars? Can stops and targets be placed in ticks in Multi Charts?
Thanks.
[IntrabarOrderGeneration = false]
inputs: Amount( 5 ), PositionBasis( false ) ;
if PositionBasis then
SetStopPosition
else
SetStopShare ;
if MarketPosition = 1 then
SetProfitTarget_PT( Amount ) ;
And 5 will be the tick value, correct?
Thanks.
-
TJ
- Posts: 7742
- Joined: 29 Aug 2006
- Location: Global Citizen
- Has thanked: 1033 times
- Been thanked: 2222 times
Re: Pre-built Signals.
Is this correct?
Thanks. Something like this? AM new to MC. On the bottom of the curve yet.
And 5 will be the tick value, correct?
Thanks.
Thanks. Something like this? AM new to MC. On the bottom of the curve yet.
Code: Select all
[IntrabarOrderGeneration = false]
inputs: Amount( 5 ), PositionBasis( false ) ;
if PositionBasis then
SetStopPosition
else
SetStopShare ;
if MarketPosition = 1 then
SetProfitTarget_PT( Amount ) ;
Thanks.