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    profit as exit point

    I'm trying to devise a way to use current profit as a point of exit. I have the following code, but I don't know how to construct the exit around it. Any help would be greatly appreciated.


    if (Performance.RealtimeTrades.Count > 0)
    {
    Trade Trade = Performance.RealtimeTrades[0];

    double Profit = Trade.ProfitCurrency * Trade.Quantity;

    Print ("The last trade's profit is " + Profit);
    }

    #2
    hifreq, you could for example check if current profit is greater as x and then exit the trade if you get a close against your position (for example Close[0] < Close[1] for a long).

    Comment


      #3
      Hi Bertrand. Thanks very much for the direction on this.

      Comment

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