Category Other  Published on 25/05/2021

The real TSL (trailing-stop-loss)

Description

// this trailing stop allows you to set your steps in 0.1 pips and follows the current market price

using System;
using System.Linq;
using cAlgo.API;
using cAlgo.API.Indicators;
using cAlgo.API.Internals;
using cAlgo.Indicators;

namespace cAlgo.Robots
{
    [Robot(TimeZone = TimeZones.UTC, AccessRights = AccessRights.None)]
    public class my_tsl : Robot
    {
        [Parameter("Instance Name", DefaultValue = "")]
        public string InstanceName { get; set; }
        [Parameter("Include Trailing Stop", DefaultValue = true)]
        public bool IncludeTrailingStop { get; set; }

        [Parameter("Trailing Stop Trigger (pips)", DefaultValue = 2)]
        public double TrailingStopTrigger { get; set; }

        [Parameter("Trailing Stop Step (pips)", DefaultValue = 1)]
        public double TrailingStopStep { get; set; }



        protected override void OnStart()
        {
            // Put your initialization logic here
        }

        protected override void OnTick()
        {
            if (IncludeTrailingStop)
            {
                SetTrailingStop();
            }
            // Put your core logic here
        }
        private void SetTrailingStop()
        {
            var sellPositions = Positions.FindAll(InstanceName, Symbol, TradeType.Sell);

            foreach (Position position in sellPositions)
            {
                double distance = position.EntryPrice - Symbol.Ask;

                if (distance < TrailingStopTrigger * Symbol.PipSize)
                    continue;

                double newStopLossPrice = Symbol.Ask + TrailingStopStep * Symbol.PipSize;

                if (position.StopLoss == null || newStopLossPrice < position.StopLoss)
                {
                    ModifyPosition(position, newStopLossPrice, position.TakeProfit);
                }
            }

            var buyPositions = Positions.FindAll(InstanceName, Symbol, TradeType.Buy);

            foreach (Position position in buyPositions)
            {
                double distance = Symbol.Bid - position.EntryPrice;

                if (distance < TrailingStopTrigger * Symbol.PipSize)
                    continue;

                double newStopLossPrice = Symbol.Bid - TrailingStopStep * Symbol.PipSize;
                if (position.StopLoss == null || newStopLossPrice > position.StopLoss)
                {
                    ModifyPosition(position, newStopLossPrice, position.TakeProfit);
                }
            }
        }
        protected override void OnStop()
        {
            // Put your deinitialization logic here
        }
    }
}


using System;
using System.Linq;
using cAlgo.API;
using cAlgo.API.Indicators;
using cAlgo.API.Internals;
using cAlgo.Indicators;

namespace cAlgo.Robots
{
    [Robot(TimeZone = TimeZones.UTC, AccessRights = AccessRights.None)]
    public class my_tsl : Robot
    {
        [Parameter("Instance Name", DefaultValue = "")]
        public string InstanceName { get; set; }
        [Parameter("Include Trailing Stop", DefaultValue = true)]
        public bool IncludeTrailingStop { get; set; }

        [Parameter("Trailing Stop Trigger (pips)", DefaultValue = 2)]
        public double TrailingStopTrigger { get; set; }

        [Parameter("Trailing Stop Step (pips)", DefaultValue = 1)]
        public double TrailingStopStep { get; set; }



        protected override void OnStart()
        {
            // Put your initialization logic here
        }

        protected override void OnTick()
        {
            if (IncludeTrailingStop)
            {
                SetTrailingStop();
            }
            // Put your core logic here
        }
        private void SetTrailingStop()
        {
            var sellPositions = Positions.FindAll(InstanceName, Symbol, TradeType.Sell);

            foreach (Position position in sellPositions)
            {
                double distance = position.EntryPrice - Symbol.Ask;

                if (distance < TrailingStopTrigger * Symbol.PipSize)
                    continue;

                double newStopLossPrice = Symbol.Ask + TrailingStopStep * Symbol.PipSize;

                if (position.StopLoss == null || newStopLossPrice < position.StopLoss)
                {
                    ModifyPosition(position, newStopLossPrice, position.TakeProfit);
                }
            }

            var buyPositions = Positions.FindAll(InstanceName, Symbol, TradeType.Buy);

            foreach (Position position in buyPositions)
            {
                double distance = Symbol.Bid - position.EntryPrice;

                if (distance < TrailingStopTrigger * Symbol.PipSize)
                    continue;

                double newStopLossPrice = Symbol.Bid - TrailingStopStep * Symbol.PipSize;
                if (position.StopLoss == null || newStopLossPrice > position.StopLoss)
                {
                    ModifyPosition(position, newStopLossPrice, position.TakeProfit);
                }
            }
        }
        protected override void OnStop()
        {
            // Put your deinitialization logic here
        }
    }
}


AL
al-n

Joined on 03.01.2021

  • Distribution: Free
  • Language: C#
  • Trading platform: cTrader Automate
  • File name: TSL-in micro distance .algo
  • Rating: 5
  • Installs: 2109
Comments
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AL
al-n · 1 year ago

i don´t kno how :/

NK
nk.nguyenkhuong · 1 year ago

Bot can't use the new update Ctrader 4.2.16, please fix it. Thank you

TR
TradeKing7 · 2 years ago

Adding a buy and sell function would have been great for this bot (for backtesting purposes)

AL
al-n · 2 years ago

hi everyone. can someone maybe help me with a snipet to modify the trailing stop loss cbot above to a hidden/stealth trailing stop loss cbot?!?

thank you

AL
al-n · 2 years ago

hi there. is it possible to make the cbot put the first tsl  immediately as soon as it is activated by the play button and thereafter it starts folowing the current price per tick?!?

thank you