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"from Entry ("Entry_Name')" exit help


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"from Entry ("Entry_Name')" exit help

  #1 (permalink)
Nervous Cat
san francisco Ca USA
 
Posts: 5 since Jun 2013
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Hi,

Do anyone know how to code a"... from Entry ("EntryName")" exit to a SetProfitTarget( ProfitTargetAmt? I'm using the "from Entry" because I want to trade multiple strategies on one instrument.

For example:

//Entry

if t=900 then begin
Buy("LE_1") next bar at market;
end;

// Exit I need help with
If ProfitTargetAmt >0 then SetProfitTarget( ProfitTargetAmt) from Entry("LE_1");

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  #3 (permalink)
 ABCTG   is a Vendor
 
Posts: 2,433 since Apr 2013
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Nervous Cat,

this is not possible, you'd have to create individual exit orders instead of the build in reserved words to tie the entry to the exit.

Regards,
ABCTG


Nervous Cat View Post
Hi,

Do anyone know how to code a"... from Entry ("EntryName")" exit to a SetProfitTarget( ProfitTargetAmt? I'm using the "from Entry" because I want to trade multiple strategies on one instrument.

For example:

//Entry

if t=900 then begin
Buy("LE_1") next bar at market;
end;

// Exit I need help with
If ProfitTargetAmt >0 then SetProfitTarget( ProfitTargetAmt) from Entry("LE_1");


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  #4 (permalink)
Nervous Cat
san francisco Ca USA
 
Posts: 5 since Jun 2013
Thanks Given: 1
Thanks Received: 0

ABCTG,

I referenced my "TS Made Easy" book and it suggests using "AT$" to reference the price for the bar that generated the order. But I can't get it to work. MultiCharts and my TS referance library do not have At$ listed as a command.

The book suggests:
Sell from Entry("EntryName") Next Bar AT$ close + 1 point Limit;

Is there another way to reference a specific entry price?

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  #5 (permalink)
 ABCTG   is a Vendor
 
Posts: 2,433 since Apr 2013
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Nervous Cat,

with Multicharts look into the Strategy Position Trades reserved words, they give a lot of information. In your case PosTradeEntryPrice( 0, 0 ) will give you the entry price of the first leg into the currently open position.

Regards,
ABCTG


Nervous Cat View Post
ABCTG,

I referenced my "TS Made Easy" book and it suggests using "AT$" to reference the price for the bar that generated the order. But I can't get it to work. MultiCharts and my TS referance library do not have At$ listed as a command.

The book suggests:
Sell from Entry("EntryName") Next Bar AT$ close + 1 point Limit;

Is there another way to reference a specific entry price?


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  #6 (permalink)
Nervous Cat
san francisco Ca USA
 
Posts: 5 since Jun 2013
Thanks Given: 1
Thanks Received: 0


ABCTG View Post
Nervous Cat,

with Multicharts look into the Strategy Position Trades reserved words, they give a lot of information. In your case PosTradeEntryPrice( 0, 0 ) will give you the entry price of the first leg into the currently open position.

Regards,
ABCTG

Thats' perfect. Now I'm trying to get it to execute a limit order correctly. Not easy (nothing is).

Thanks you.

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Last Updated on November 7, 2014


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