Hi Guys,
I'm totally a newb to this site and programming. I have been trying to solve this problem for a couple of days now , and i would greatly appreciate any sort of guidance on this subject. I'm missing a line of code that will trigger my "trailing stop" after my "target". Is there a way to always have "TrailingStop" triggered after "Target"?
Here's What i have as of now for long:

//Entry
If Condition1 then buy this bar at close;

//Exits
If marketposition=1 then
begin
Sell ("StopLoss") at xxx Stop;
If condition2 then sell ("Target") (CurrentShares/2) shares at close;
Sell ("TrailingStop")current shares at next bar at xxx stop;
End;

Thank you in advance for your help.

If it helps, all the buy and sell triggers are based on bar patterns and not set by $ amount target or stops. That's why sometimes "TrailingStop" is triggered before the "Target" is met.

arashf,

you would need a flag that enables the trailing stop when your target conditions become true. Something like this might work with using a boolean variable called UseTrailingStop:

 

Code

//Entry If Condition1 then buy this bar at close; //reset the flag if marketposition < 1 and UseTrailingStop then UseTrailingStop = false; //Exits If marketposition=1 then begin Sell ("StopLoss") at xxx Stop; If condition2 then begin UseTrailingStop = true; sell ("Target") (CurrentShares/2) shares at close; end; if UseTrailingStop then Sell ("TrailingStop")current shares at next bar at xxx stop; End;

Regards,
ABCTG

A 1000 thanks ABCTG, that is exactly what i was looking for.