Taking profits to early

Created at 04 Nov 2014, 11:05
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jagtrading

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Joined 01.10.2014

Taking profits to early
04 Nov 2014, 11:05

Hi guys,

I created a program and it works fine the problem I have is that the robot takes profits to early.

I am using ATR as a multiple to take profit and as you can see above the take profit is 64pips however it takes the profit at 9 pips.

Can someone tell me what is wrong and help me please???

Thank you for help.

@jagtrading
Replies

modarkat
04 Nov 2014, 11:27

You must pass absolute price to the ModifyPosition method.

Example:

            var takeProfitPips = 40;
            var stopLossPips = 20;
            
            var stopLoss = position.TradeType == TradeType.Buy ? position.EntryPrice - stopLossPips * Symbol.PipSize : position.EntryPrice + stopLossPips * Symbol.PipSize;
            var takeProfit = position.TradeType == TradeType.Buy ? position.EntryPrice + stopLossPips * Symbol.PipSize : position.EntryPrice - stopLossPips * Symbol.PipSize;
            ModifyPosition(position, stopLoss, takeProfit);

 

@modarkat
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