WebMay 12, 2024 · Plotting Stop Losses and Take Profits In Pine Script send stop loss and take profit orders by using the stop and limit parameters for the strategy.exit () and strategy.order () functions. In fact, the strategy.entry () function also … WebApr 13, 2024 · This is especially true when working with multiple orders such as a take profit and a stop loss at the same time. I.e Once the take profit is triggered, we no longer need the stop loss. If you don’t cancel the order, it could eventually force you into a new position.
Pine: how to trigger trailing stop loss once some profit has been …
WebJan 25, 2024 · In this script the SL condition is not working. It works only if both TP and SL are specified in the same strategy.exit () command, but this way I only have to possibility … WebMay 7, 2024 · This is how Pine Script knows to what entry order (s) the profit target applies. Configure the profit target. We do this with one of two arguments: profit for a profit target a number of ticks away from the entry price, or limit to set the profit target with an actual instrument price. hikvision camera for lift
pine script - How to trigger trailing stop loss once some profit has ...
WebAug 28, 2024 · A trailing stop loss is an order that “locks in” profits as the price moves in your favor You can trail your stop loss using: Moving Average, Average True Range, percentage change, market structure, and weekly high/low There’s no best stop loss strategy or method to trail your stop loss. WebJun 22, 2024 · When the order(s) reach that profit amount, Pine Script activates the trailing stop. To activate at a certain price, we give the trail_price argument an instrument price. When the market hits that price level, Pine Script enables the trailing stop. To activate immediately, as soon as the entry order opens, we set the trail_points argument to ... WebApr 11, 2024 · In Pine, I made a long entry order, along with an exit order (with a profit and stop loss condition) strategy.entry ("My Long Entry ", strategy.long) strategy.exit ("My Exit 1", profit=15000, loss=15000, qty_percent = 50 ,from_entry = "My Long Entry ", comment_profit="madeProfit") small wolf breeds