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Date/Time: Wed, 15 May 2024 18:55:19 +0000

Post From: Can I do simulated trading based on alerts?

[2016-10-30 02:01:42] Link To Thread - Link To Post [Go To First Post]
pip_monster - Posts: 6
That is great! I have made some great progress and have a system loosely in place. I want to use a fixed value take profit and stoploss as my exit strategy but can't seem to figure out where to go to find out how to make that happen. Basically I want to pick fixed values like a 3 pip Take Profit and a 15 pip Stop Loss on the trades. I want to start by doing so back testing and then go live if it works. I have seen the order send functions, but it doesn't look like that applies to the back testing. Here's what I have but doesn't quite work. =OR(AND($J$8 > 0, ID0.SG3@3 <= ID0.SG1-10), AND($J$8 > 0, ID0.SG2@3 >= ID0.SG1 + 2)) It is throwing a #NAME? Error, basically the idea is, exit the trade if the LOW is 10 pips less than the open OR close the trade if the HIGH is 2 pips greater than the open assuming that I enter the trade at the open value. I think the logic in that should be sound, probably just not formatting it correctly. Thanks!