Taking profits to early

Created at 04 Nov 2014, 11:05
Subscribe
How’s your experience with the cTrader Platform?
Your feedback is crucial to cTrader's development. Please take a few seconds to share your opinion and help us improve your trading experience. Thanks!
JA

jagtrading

Follow

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
Copyright © 2024 Spotware Systems Ltd. All rights reserved.
The services provided by Spotware Systems Ltd. are not available to citizens or residents of the USA. Neither is the information on our websites directed toward soliciting citizens or residents of the USA.