Trailing PNL Error

Keyword help
#1

Hi , have set keyword for following in universal exit :

  1. Exit if PNL > 1350
  2. If Max PNL is greater than 1000 , then trail at 0.45 of Max PNL .
  3. Here exit took place as soon as Max PNL crossed 1,000 .
    Anything I’m missing here ?

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#2

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The highlighted logic seems to say if less than 0.45* Max profit which is less than 1000. So it is fulfilled at 1000.

What are looking for?? Are you trying to trail 0.45 for every 1 point move in your PNL.

Example: Max profit moves from 1000 to 1010 your new trailing should move from 1000 to 1004.50 ??

#3

hi, logic is if profit goes above 1000 then exit if pnl becomes less than 0.45 of profit i.e. 0.45 x 1000 = exit if pnl comes down to 450 from 1000 .
but its exiting as soon as profit hits 1000

#4

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Replace the 2nd condition. If PNL comes below 451.

This should check MaxProfit above 1000 and then if PNL comes below 451 it will exit.

#5

thank you but i’m looking for profit to trail at 45% of max profit after it achieves 1000 .
so , if max profit goes to 1200 trailing SL will be 45% of 1200 i.e .540


check this tutorial of tradetron ( time 12.50 ) for reference .
#6

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(Max Profit - PNL in the Math Operation)

Replace the 2nd line with this line.

So it will check for a max profit of 1000 and also a minimum difference of 0.45 Max Profit.

Let me know if this needs tweaking.

#7

thanks for your time and efforts buddy . will surely test it .

1 Like
#8

You’re welcome.
Please let me know if this worked once you have tested it, so that I can verify if my logic worked. :slight_smile: