move stop-loss to break-even
Author: omerbaba
Creation Date: 1/24/2010 12:46 AM
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omerbaba

#1
Hi,

I wonder something. I used some back-test software in the past and none of them has a feature to move stop-loss to break-even after some profit. Its the basis of my strategy and I cant test it in any software. So if this software has a feature like that I will purchase it. Otherwise I will not.

Thanks..
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Eugene

#2
Hi,

Sure, it's possible in WL5 as well:
CODE:
Please log in to see this code.
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omerbaba

#3
Thank you so much Eugene.

As I understand this software is used both for back testing and automated trading. So, are the codes you said are valid for backtesting or automated trading? I ask that because I saw a software which has the same ability in expert function but it can not be used in backtesting.

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Eugene

#4
There's no such limitation - that's a regular AtStop order, suitable for both backtesting and automated paper trading (note: Wealth-Lab Developer 5 doesn't have a broker adapter available at this time).

btw, forgot to add that breakeven stops are also available in the rule-based wizard (no programming required).
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omerbaba

#5
thank you Eugene. that was really important for me. i will try it.
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