help on coding strategy sell order

maka123

New member
Hi

i been trying to code on strategy.

On sell order to close, i wish to set the script to sell when the price hit 2 x ATR. Can some one assist on this area.
 

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thanks for the reply. do you mind help me with some code as i am new to coping with thinkscript.. still learning :)

On sell order to close, i wish to set the script to sell when the price hit 2 x ATR. , the selling price should be entry price + 2 x atr
 
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thanks for the reply. do you mind help me with some code as i am new to coping with thinkscript.. still learning :)

On sell order to close, i wish to set the script to sell when the price hit 2 x ATR. , the selling price should be entry price + 2 x atr
Ruby:
def target = EntryPrice() + reference ATR * 2;
AddOrder(OrderType.SELL_TO_CLOSE, high >= target, target);
 
@Slippage
could you help me on this condition

Is there a way to do something like this.. if my entry target is not hit, i wish to include a stop lost for exit at 1 atr below entry price for sell to close.

Because usually for sell order to close, there is 2 condition.. One is sell on target and another is sell if price hit stop loss.
 
@Slippage
could you help me on this condition

Is there a way to do something like this.. if my entry target is not hit, i wish to include a stop lost for exit at 1 atr below entry price for sell to close.

Because usually for sell order to close, there is 2 condition.. One is sell on target and another is sell if price hit stop loss.

Yes, I can help if you need but I'd encourage you to give it a try first. You have all of the building blocks in the code I gave you for the target sell order. Just do the same thing again but with adjustments for 1 ATR below instead of 2 ATR above.
 
ok i try. my challenge is the if else statement did not work as intended. i am trying to do something like only either stop loss or profit taking sell order to close will be executed.
 

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