Easylanguage and Script Help

[Blu-Ray]

Here you go:

[darknite999]

Cheers I'll post more info in the morning (was out sorry)

For some reason the strategy does not work.

I've done exactly as you said, i'll show you some screen shots and what it's meant to be. It doesn't seem to trade 30 tick profit. It is usually between 2 to about 70 ticks but never 30...
strange :S

Cheers,
Darknite.

[darknite999]

	Quote:	Blu-Ray
	Quote: Darknite999 Is it possible that I can buy back 30 ticks below the entry on the same bar (if the low goes down that far) if not then the 1st bar that the low gets low enough to buy back at 30 ticks below the entry? Just noticed your edited part, yes you can. Remove the red line below: if mp = -1 then begin buytocover ("ProfitTarget") next bar at ShortEntry - (ProfTarget*mintick) limit; buytocover ("StoppedOut") next bar at mystop stop; end; and the add this to the bottom of the script: setprofittarget( x ); Note: the profit target is now in dollar amount rather than number of ticks. Cheers Blu-Ray

Great but how do I do the same to the stoploss now please?

Cheers,
Darknite

[darknite999]

Also Blu-Ray

I'll be PM'ing you later on/tomorrow with more detail about my strategy etc.

Cheers and much appreciation,
Darknite.

[Blu-Ray]

	Quote:	darknite999
	Great but how do I do the same to the stoploss now please? Cheers, Darknite

Remove these lines below:

if mp = -1 then begin
buytocover ("StoppedOut") next bar at mystop stop;
end;

and the add this to the bottom of the script:

setstoploss( x );

Note: Same as setprofittarget, the setstoploss is now in dollar amount rather than number of ticks.

Cheers

Blu-Ray

ps: No probs I'll await your PM.

[darknite999]

Cheers,

But is this so I can set the amount in dollars above the high or the amount in dollars it gains from the entry?

Would I have to put something like.

setstoploss (high + 10)

if I wanted 10 dollars above the high or what?

Lol, thanks once again.

Darknite.

[Blu-Ray]

	Quote:	darknite999
	Cheers, But is this so I can set the amount in dollars above the high or the amount in dollars it gains from the entry? Would I have to put something like. setstoploss (high + 10) if I wanted 10 dollars above the high or what? Lol, thanks once again. Darknite.

No, the setstoploss is in dollar amount only from your entry point.

What you require is in the original script, but I suspect you must be using a larger timeframe and have come across occasions when your stop would have been taken out on your bar of entry, but since the code only sends the stop order out 1 bar after entry, you're taking a bigger hit. Would I be correct in thinking this?

If so then you would have to send out your order via a 1min chart ( using 3 sets of data ) ........... now where did I put that can of worms


Cheers

Blu-Ray

[darknite999]

lol

Yeah, I'm taking a bigger hit that I should be. Grrr why do they make it so difficult to do

Would it be possible if you could help me to do this please?

and by a can of worms u mean possibly creating more problems for myself?

Grrrrrr

Thanks for eveything,
Dark-nite

[Blu-Ray]

	Quote:	darknite999
	lol Yeah, I'm taking a bigger hit that I should be. Grrr why do they make it so difficult to do Would it be possible if you could help me to do this please? and by a can of worms u mean possibly creating more problems for myself? Grrrrrr Thanks for eveything, Dark-nite

No, by that comment I meant me

I'll tell you what, instead of all this too-ing and fro-ing, explain exactly what you require ( eg, symbols, timeframes, targets, stoploss, etc ) and any little problems you've come across and I'll sort it out. You can send it by PM if you wish.

Cheers

Blu-Ray

[darknite999]

so yea,

could I put my stop loss on a 5 minute bar at 2 ticks above the entry bar?

if thats possible im 100% sure the stoploss will be correct everytime!

Cheers a million,
Darknite.