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 +2
  • Project Extending SQ
  • Type Feature
  • Status New
  • Priority Normal

History

j
#1

jenial

16.03.2021 11:14

Task created

KL
#2

kainc301

16.03.2021 11:14
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
j
#3

jenial

16.03.2021 11:14
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.
JK
#4

Insanity82007

16.03.2021 11:14
Voted for this task.
JH
#5

Jabezz

29.06.2021 07:05
Voted for this task.
JH
#6

Jabezz

29.06.2021 07:06
This is easy to program in algo wizard but when I have tried it it slows down the build process to a crawl. No idea why.
E
#7

Emmanuel

15.12.2021 19:42
Voted for this task.

Votes: +2

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