EL Exit Question
Posted: Apr 16 2013
Hi,
I would like to use the Stops & Target signal twice in a strategy. One version to exit Long and one version to cover a Short.
Can someone show me how the standard S&T code below is changed to only cover an existing Short positions.
I would like to use the Stops & Target signal twice in a strategy. One version to exit Long and one version to cover a Short.
Can someone show me how the standard S&T code below is changed to only cover an existing Short positions.
Code: Select all
[IntrabarOrderGeneration = false]
inputs:
ShareOrPosition( 1 ),
ProfitTargetAmt( 5 ),
StopLossAmt( 1 ),
BreakevenFloorAmt( 0 ),
DollarTrailingAmt( 0 ),
PctTrailingFloorAmt( 0 ),
PctTrailingPct( 0 ),
ExitOnClose( false ) ;
if ShareOrPosition = 1 then
SetStopShare
else
SetStopPosition ;
if ProfitTargetAmt > 0 and positon long then
SetProfitTarget( ProfitTargetAmt ) ;
if StopLossAmt > 0 then
SetStopLoss( StopLossAmt ) ;
if BreakevenFloorAmt > 0 then
SetBreakeven( BreakevenFloorAmt ) ;
if DollarTrailingAmt > 0 then
SetDollarTrailing( DollarTrailingAmt ) ;
condition1 = PctTrailingFloorAmt > 0 and PctTrailingPct > 0 ;
if condition1 then
SetPercentTrailing( PctTrailingFloorAmt, PctTrailingPct ) ;
if ExitOnClose = true then
SetExitOnClose ;