Support Board
Date/Time: Thu, 31 Oct 2024 12:14:46 +0000
[Programming Help] - Percentage based stop and take profit in ASCIL
View Count: 108
| [2024-09-14 01:21:36] |
| User959673 - Posts: 1 |
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Does SierraChart support setting percentage-based take profit and stop loss orders directly through ACSIL? If so, what are the specific functions or methods used to implement this? I'm looking to set take profit and stop loss levels as a percentage of my entry price in my custom ACSIL studies. Any code examples or documentation references would be greatly appreciated.
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| [2024-09-14 18:10:18] |
| ondafringe - Posts: 281 |
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Even if they don't, using ACSIL, just code it and track it yourself. When price hits the profit/stop percentage, have your study close the position.
Date Time Of Last Edit: 2024-09-14 18:16:08
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| [2024-09-15 02:54:23] |
| User61168 - Posts: 403 |
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No need for ASCIL. just a 30 second solution via Flatten using simple alert formula :-) Flatten trades at specific time - Market Replay | Post: 393994 Example: for take profit when profit reaches 1% of entry price =OR(AND(ID7.SG1>0,C>=ID9.SG1+ID9.SG1*0.01),AND(ID7.SG1<0,C<=ID9.SG1-ID9.SG1*0.01)) ID7 = position qty ID9 = Average position price |
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