Hello,

How do I put a stop-loss( ex 0.5%) for long or short position.
Please see my comment within code.

Here is a code for long

CODE:
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Here is a code for short

CODE:
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Thanks,

Sofia

This is a wizard-generated code (as can be seen from the usage of GetTradingLoopStartBar(), .Contains, "Group1|"). Why don't you simply add a percentage stop loss in the wizard and convert to code again?

Hello,

I don't have that option as I am using Channel breakout to close position (under entries and exits)
and it doesn't have place to put %age stop-loss.

Thanks,

Sofia

That's a misconception. You're always able to drag the "Sell at Stop Loss" condition (from "Basic exits") and drop it near to your channel breakout/down exit.

Hello,

How do I close the floating active positions with this code?
Please see my comments below in the code

//here is part of my code

// The first trade, I am using certain math functions to define ratioup,maXo,ratiodown and maXu
// I initiate long and short based on these functions as defined below

if ( ratioup )
if ( maXo )
BuyAtClose( Bar );

if (ratiodown )
if (maXu)
ShortAtClose( Bar );


// Subsequent trades, I close the trade as below, but not all trades get closed as the closing criteria
// is not always met. I still have some active positions. This code below closes about 70% of my trades

if (IsLastPositionActive)
{
Position p = LastPosition;
if ( p.PositionType == PositionType.Long )
SellAtLimit(Bar + 1, p, Highest.Value(Bar, High, 13),"Exit at 13thbar");

else

CoverAtLimit(Bar + 1, p, Lowest.Value(Bar, Low, 13), "Exit at 13thbar");
}


///The code below is used to cover the remaining 25% of active positions based on another criteria
//as defined below, This closes rest 25% of my active positions, but I Still have
//few long and short positions active after this loop



for(int pos = ActivePositions.Count - 1; pos >= 0; pos--)
{
Position p = ActivePositions[pos];
if ( p.PositionType == PositionType.Long )
if (ratio[Bar] < ratio[Bar-1])
if (Close[Bar] > Close [p.EntryBar] )
ExitAtMarket( Bar+1, p, "Timed Long" );
///When the above condition doesn't hold true, I want to close floating open position on next
//new short position



if ( p.PositionType == PositionType.Short )
if (ratio[Bar] > ratio[Bar-1])
if (Close[Bar] < Close [p.EntryBar] )
ExitAtMarket( Bar+1, p, "Timed Short" );
/// When the above condition doesn't hold true, I want to close floating short position on next /
//new long position
}


//I don't want to use stops to close these, as I get better results when I close these on next new open
//position.


//I am using filtering mechanism like sifting through trades. As the randomness of market goes up,
//more filtering is needed to remove noise.
//The last 5% of the trades that I am having difficulty closing, turn up to be a major direction
//changing event. That's why I want to close the last 5% based on my reasoning above.


Any help is appreciated.

Thanks,

Sofia

Not sure what the question is about, you're asking for an exit idea?

P.S. Ideally, your AtMarket orders should precede the AtLimit group of exits (more in the Guides).