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    Profitable Position Closing Strategy

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    • R
      Rodrigo Ortuzar last edited by

      Dear, I share a closing strategy, what to do is:

      1.- Each open position compares the profit if it is < 0 pip
      2.- As every position starts negative, with "Modify stops of positions" the TS variable will be = 230 pip, this is because I don't want negative positions to be closed.
      3.- When the benefit is positive or >= 0
      4.- With a condition check the TS if it is = 230 pip it will modify it to 30 pip and if it is not = 230 in both cases it will place a "Trailing stop (each trade)" with TS it will be = 30 pip.

      Can someone make me see if there is a more efficient way to improve it or make the modification of the TS variable more efficient for both cases of benefit < 0 and >= 0 ?
      https://fxdreema.com/shared/YDl254RDd

      Thank you Rodrigo

      Affectionate Rodrigo

      jstap 1 Reply Last reply Reply Quote 0
      • jstap
        jstap @Rodrigo Ortuzar last edited by

        @rodrigo-ortuzar I don't think you need so many blocks, try this:

        0_1647687133132_4a517dd4-4f27-4d1a-9fe2-6ebcffe7749e-image.png

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        1 Reply Last reply Reply Quote 0
        • R
          Rodrigo Ortuzar last edited by

          Thanks jstap, it's fine but what happens is that in some the profit if it becomes positive at some point, that is > 0, the Trailing stop is placed (each trade) and they do not close and then they become negative again and they remain with TS of 30 and negatives are closed, which is what I do not want, in this rise and fall of the benefit > or <.

          Do you understand me for that, I think a condition is necessary and having to modify the TS, but there must be a more efficient way ?

          Rodrigo

          Affectionate Rodrigo

          1 Reply Last reply Reply Quote 0
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