CODEWITHSUNDEEP
pine-scripttradingview-api
Nayot Tientong
Nayot Tientong

Reputation: 13

Question pine script when strategy exit contains stoploss, trailing stop, tp1, tp2

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I have 4 conditions to exit

  1. stoploss : exit all positions
  2. tp1 : exit position/3
  3. tp2 : exit position/3
  4. trailing stop : exit all positions

but not sure why trailing Stop exit only 200, not 400 ?

strategy.exit("TP1", "Buy", limit=tp1, qty=strategy.position_size/3)
strategy.exit("TP2", "Buy", limit=tp2, qty=strategy.position_size/2)
strategy.exit("TrailingStop", "Buy", stop=tl, qty=strategy.position_size)
strategy.exit("StopLoss", "Buy", stop=stopLoss, qty=strategy.position_size)

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I understand already today as

strategy.exit("TP1", "Buy", limit=tp1, qty=strategy.position_size/3) -> 600/3 contract : remain 400

strategy.exit("TP2", "Buy", limit=tp2, qty=strategy.position_size/2) -> 400/2 contract : remain 200

strategy.exit("TrailingStop", "Buy", stop=tl, qty=strategy.position_size) -> 200 contract : remain 0 : actually this one I would like to exit all as 400 contract

strategy.exit("StopLoss", "Buy", stop=stopLoss, qty=strategy.position_size) -> it will never match because contract already is 0 since Trailing Stop

So How to code it to meet my condition ?

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Upvotes: 0

Views: 160

Answers (1)

Gu5tavo71
Gu5tavo71

Reputation: 1214

You must exit TP2, with 100% of your balance
something like that:

strategy.exit("TP2", "Buy", limit=tp2, qty=strategy.position_size)

Upvotes: 0

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