Exit Order if Profit or Loss is Reached

dig78x

New member
I'm trying to addorder if the open position reaches a certain profit or loss. Seems pretty simple but for some reason I cant get it to work. Mind you this is in conjunction with a bunch of other stuff, but this would be an AddOrder if ExitG is 1, and then a separate one if ExitB is 1. Cant seem to figure out why this isnt working.

input gainz = 20;
input lossz = -20;

def exitG;
def exitB;

if GetOpenPL() > gainz { exitG = 1;} else { exitG = 0;}
if GetOpenPL() < lossz { exitB = 1;} else { exitB = 0;}

AddOrder(OrderType.SELL_TO_CLOSE, exitG == 1, price = close, quantity, tickcolor = Color.MAGENTA, arrowcolor = Color.MAGENTA, name = "gainz profit");
 
Solution
I'm trying to addorder if the open position reaches a certain profit or loss. Seems pretty simple but for some reason I cant get it to work. Mind you this is in conjunction with a bunch of other stuff, but this would be an AddOrder if ExitG is 1, and then a separate one if ExitB is 1. Cant seem to figure out why this isnt working.

input gainz = 20;
input lossz = -20;

def exitG;
def exitB;

if GetOpenPL() > gainz { exitG = 1;} else { exitG = 0;}
if GetOpenPL() < lossz { exitB = 1;} else { exitB = 0;}

AddOrder(OrderType.SELL_TO_CLOSE, exitG == 1, price = close, quantity, tickcolor = Color.MAGENTA, arrowcolor = Color.MAGENTA, name = "gainz profit");

it looks ok, but hard to tell from partial code, and i haven't used...
I'm trying to addorder if the open position reaches a certain profit or loss. Seems pretty simple but for some reason I cant get it to work. Mind you this is in conjunction with a bunch of other stuff, but this would be an AddOrder if ExitG is 1, and then a separate one if ExitB is 1. Cant seem to figure out why this isnt working.

input gainz = 20;
input lossz = -20;

def exitG;
def exitB;

if GetOpenPL() > gainz { exitG = 1;} else { exitG = 0;}
if GetOpenPL() < lossz { exitB = 1;} else { exitB = 0;}

AddOrder(OrderType.SELL_TO_CLOSE, exitG == 1, price = close, quantity, tickcolor = Color.MAGENTA, arrowcolor = Color.MAGENTA, name = "gainz profit");

it looks ok, but hard to tell from partial code, and i haven't used GetOpenPL() too much. i think using 'then' is optional, but i always use it.

if something doesn't work , i try plot out some variable values.

add this to the end, to verify some values.

Code:
addchartbubble(1, low,
gainz + " gz\n" +
GetOpenPL() + " pl\n" +
exitg + " eg"
, color.yellow, no);
 
Solution

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