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StopLoss and take profit in % value from entry

1 replies

2 years ago #276160

I have been playing around with the features on strat quant and algo wizard. Have to say very impressed. The only issue i have is getting any real results that i like for trading crypto and crypto futures. Hoping some one can help. Currently i trade a QQE Strat i coded on trading view but wanting to improve this and put through better back testing.
My question is how can i make my stop loss and take profit a % distance from entry.
I am yet to figure this out i want 2% take 50% of profit and a stop loss % as well.
Possible DCA in at multiple levels also is this possible?

2 years ago #276217

Hello,

set SL as “price level” then the formula could be Close[1] * (1 – X / 100)) where X is % SL

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