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Profitable Closes

I trade using profitable closes, can you please consider adding this feature to SQX.

Profitable Closes: This is the number of profitable closes that would trigger the strategy to exit a position. For example, set to 2 would require two closes to be greater than a long entry price before an exit would trigger. For example, enter on Monday at 20.50. Tuesday closes at 20.65 and profitable closes is now 1. Wednesday closes at 20.61 which is still greater than Monday’s entry of 20.50 so profitable closes is now 2. The strategy would then exit. This type of exit also works for short strategies.

Thank You

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Votes +1
Project StrategyQuant X
Type Feature
Status Moved
Priority Normal
Assignee None

History

jenial

12.06.2020 21:15

Task created

kainc301

13.06.2020 00:57

This is basically close after x bars but you are requiring the close to only occur when current price is >= the entry price on a buy or <= the entry price on a sell

jenial

13.06.2020 01:24

Yes exactly, but you can also make it 2 profitable closes or 3 or 4....that is user defined as to how many profitable closes they want.

Insanity82007

15.06.2020 12:18

Voted for this task.

Mark Fric

16.03.2021 11:14

Task moved to project Extending SQ, new link to task: https://sq.projectpanel.com/tasks/sqp_0141

Votes: +1