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profit target
Last Post 02-13-2007 11:05 PM by mur ang. 14 Replies.
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Deane Kebblewhite
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Posts:12

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01-30-2007 11:24 AM

    if I was looking to set an exit long with a specific $ profit target  what would it be?

    exitlong("buyex","",1,entryprice+$500,limit,day)

    what would the correct code be for the dollar amount?

    And If I was looking to set it at a certain amount of minimum movements(say 5 here) to test on a basket of products,

     would  the following cover it?

    Minmove = getactiveminmove()

    exitlong("buyex","",1,entryprice+minmove*5,limit,day)

     

     

     

     

     

    mur ang
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    01-30-2007 11:29 AM

    EntryPrice+(500/BigPointValue)

    Deane Kebblewhite
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    01-30-2007 12:28 PM

    Thanks Murray,   so would the following be correct then? Does Bigpointvalue need to be identified somewhere or is it just put in as is?

    exitlong("buyex","",1,entryprice+(500/bigpointvalue),limit,day)

    mur ang
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    01-30-2007 12:31 PM
    No, it's a built in Keyword.
    Deane Kebblewhite
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    01-30-2007 12:41 PM

    I tried to put it into a system, jsut to see how it works.   The trades executed on opne, but every single trade exited on the entry price, so I ended up with 0 profit/loss.   Obviously Im missing something, just cant see what.

     

    Here is the code

    sub profitexit_test
    Dim minmove

    Buy("buyent",1,Open,Market,Day)

     

    exitlong("buyex1","buyent",1,entryprice+(200/bigpointvalue),limit,day)

     

    End Sub

     

    mur ang
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    01-30-2007 12:48 PM

    What are you trading. ,

    Print out BigPointValue, I wonder if it not set correctly. Maybe minmove is set wrong

    Print BigPointValue

    Add that to your code.

    Deane Kebblewhite
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    Posts:12

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    01-30-2007 01:17 PM

    tested on C_REV.CSV and  SP_REV.CSV    data that came with TS.

    50 and 250 came up in the 2 print windows...

    Is there something I need to change in the data? 

    mur ang
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    01-30-2007 01:29 PM
    What is in the print windows.
    Deane Kebblewhite
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    02-06-2007 08:26 AM
    two windows come up.  One lists the figure 25 and the other lists 50
    mur ang
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    02-06-2007 08:34 AM
    Posted By maninjapan on 02-06-2007 8:26 AM
    two windows come up.  One lists the figure 25 and the other lists 50

    Please explain ?
    Deane Kebblewhite
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    02-07-2007 02:24 AM

    Sorry, typo in that last one.  The value for C_REV came back as 50 and the value for SP_REV came back as 250.

    The code used is the same as earlier in this thread.

    mur ang
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    02-07-2007 06:42 AM
    Did you look at the code ?. Must be a print statement in it .
    Deane Kebblewhite
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    02-07-2007 10:14 PM

    sub profitexit_test

    Dim minmove

    minmove= getactiveminmove()

    Print bigpointvalue

    Buy("buyent",1,Open,Market,Day)

    ExitLong("buyex1","buyent",1,EntryPrice+(200/bigpointvalue),Limit,Day)

    End Sub

     

    This is the code as I ran it.  2 print windows came up (one for each data file)   One returned a value of 50 (for C_REV.CSV)  and the other print window returned a value of 250 (for SP_REV.CSV) 

    All trades still close on the same point they open at though.

    Deane Kebblewhite
    New Member
    New Member
    Posts:12

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    02-13-2007 08:59 AM

    sub profitexit_test

    Dim minmove

    minmove= getactiveminmove()

    Print bigpointvalue

    Buy("buyent",1,Open,Market,Day)

    ExitLong("buyex1","buyent",1,EntryPrice+(200/bigpointvalue),Limit,Day)

    End Sub

     

    This is the code as I ran it.  2 print windows came up (one for each data file)   One returned a value of 50 (for C_REV.CSV)  and the other print window returned a value of 250 (for SP_REV.CSV) 

    All trades still close on the same point they open at though.

    mur ang
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    Posts:525

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    02-13-2007 11:05 PM

    You had a print statement in the code

    Print bigpointvalue.

    You should go though the smaller book TradersStudio basic on and work though the execises that would help

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