Hi guys,
Just thinking aloud here but wondering whether anyone could help me with suggestions to fit this green out model?
Basically I'm thinking is it possible to set a green out function that runs up your green out profit but should the market then start to bring your profit down, it gets you out - rather than setting a predetermined green out profit, why not try to push it out a bit should the market allow it?
Not sure whether I'm just describing a trailing stop but if so would that be a feasible thing to introduce to a automation?
Thanks,
W
Greening out
I haven't looked into signals anywhere near as much as I should have by now but is there a signal that runs on profit value?
I only thought it ran on time conditions
How do you mean a series of signals? In the most basic example say rather than setting a green out as £2.00, by series I'm assuming you mean something along the lines of setting a signal at £2.50, £3.00 etc. and then when the profit value starts to come back down it takes what you've got over the predetermined £2.00?
Thanks Dallas
W
I only thought it ran on time conditions
How do you mean a series of signals? In the most basic example say rather than setting a green out as £2.00, by series I'm assuming you mean something along the lines of setting a signal at £2.50, £3.00 etc. and then when the profit value starts to come back down it takes what you've got over the predetermined £2.00?
Thanks Dallas
W
Signals have a large number of uses and can be used for all sorts of situations, the shared files i have added using signals can be found in the index of the opening post here
viewtopic.php?f=43&t=11238
These should give you a small taster of what they can do.
"I'm assuming you mean something along the lines of setting a signal at £2.50, £3.00 etc. and then when the profit value starts to come back down it takes what you've got over the predetermined £2.00?"
There would likely be a number of ways of doing this but your on the right track with the above and tht would be one possibilty, ill have a think later abt what might be the easiest and most generic way i could to them as a shared file to be edited easily by each user.
viewtopic.php?f=43&t=11238
These should give you a small taster of what they can do.
"I'm assuming you mean something along the lines of setting a signal at £2.50, £3.00 etc. and then when the profit value starts to come back down it takes what you've got over the predetermined £2.00?"
There would likely be a number of ways of doing this but your on the right track with the above and tht would be one possibilty, ill have a think later abt what might be the easiest and most generic way i could to them as a shared file to be edited easily by each user.