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TradeStation Applications: | Automated Exit Strategy |
| Symbol: | All | |
| TimeFrame: | Any (Tick, Minute, Daily, Weekly…) | |
| Chart Type: | Any |
Introduction:
These are 4 Exit Strategies that use a fix percent value to Exit the trades. The Take Profit and Stop Loss Price is determined according to the entry price and is constant for the entire trade.
Take Profit – Exit Strategies
_DIG_EX_TP_%_LX – Take Profit -Exit Strategy for Long Trades. The Take Profit Order is place at Entry price + TakeProfit%. As soon as the trade makes a profit of TakeProfit% or more the trade is closed.
_DIG_EX_TP_%_SX – Take Profit -Exit Strategy for Short Trades. The Take Profit Order is place at Entry price – TakeProfit%. As soon as the trade makes a profit of TakeProfit% or more the trade is closed.
Stop Loss – Exit Strategies
_DIG_EX_SL_%_LX – Stop Loss -Exit Strategy for Long Trades. The Stop Loss Order is place at Entry price – StopLoss%. If the trade looses StopLoss% or more it is immediately closed.
_DIG_EX_SL_%_SX – Stop Loss -Exit Strategy for Short Trades. The Take Profit Order is place at Entry price + TakeProfit%. If the trade looses StopLoss% or more it is immediately closed.
- Can be used for Back Testing and for Real Trading.
- Perfect compatibility with other Entry and Exit Strategies.
- Easy to use.
- Visual representation of the SL and TP on the chart with colorful Rectangles.
Buy a Lifetime Licence for the Fixed Percent Exit Strategy:
Important Note: After purchase, the code will be sent to your email with instructions on how to install & use it.
Secure Purchase: You will be transferred to a secure purchase page, we are using paypal as our third party checkout. the purchase page will look like this:
