Multiple Targets and/or Stops

Duration:12:32
Variable speed version: Watch

This video demonstrates how to create a system that exits at multiple target and/or stop levels, as well as how to move a stop (to breakeven) after an initial target is reached.

Comments

Comment: 
When running a backtest, do I need to set the variables for the test to perform accurately? For example, # Sesst is set to a retracement of 150% of the previous week. I want the buy order to execute at the cross of that Sesst value. And to exit when High crosses the High of the previous week. TF = day Sesst >= Low and Sesst < Close AND SET(V#1, High >= High.1) Also, does the test run independent of a chart or does a back test always need to be associated with a particular chart to execute properly? Also is there documentation for the script language? For example, Pandas has documentation on how particular functions work. Where would i find the RTL documentation?