Module 1: Starting to Program
Module 2: Indicators and Functions
Module 3: Variables
Module 4: Inputs
Module 5: Exit Techniques
Module 6: Stop Orders and Limit Orders
Module 7 Using Multiple DataStreams in a Strategy
Final Strategy Coding Project
Module 8: Plot Studies and Their Uses
Module 9: Writing to Files
Module 10: How to Code Your Own Indicators and Functions

Exercises: Exit Methods

1. Profittarget

Code the following

  • A $2000 profit target
  • A $1000 stop loss

Setprofittarget(2000);

Setstoploss(1000);

2. Exit on close

Code an exit that gets out on the close of the trading session.

Setexitonclose;

3. Trailing stop

Code a trailing stop that activates after a $500 positive excursion, and trails price by 2 %. 

Setpercenttrailing(500,2);

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