Breakeven_Price Strategy

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Breakeven_Price Strategy

Postby Apprentice » Mon Sep 27, 2010 5:02 pm

BREAKEVEN_PRICE.png


This strategy will not ever open any position.

This strategy closes all Long positions if the closing price falls below Breakeven Price for all Long Positions.

This strategy closes all Short positions if the closing price rises above Breakeven Price for all Short Positions.

The role of this strategy is not to make profit. But to reduce or eliminate the risk for open positions.

Breakeven_Price Strategy.lua
(5.98 KiB) Downloaded 794 times


To work please install BREAKEVEN_PRICE Indicator.
viewtopic.php?f=17&t=2236
Last edited by Anonymous on Tue Oct 11, 2011 5:27 am, edited 1 time in total.
Reason: The error message occurred if BREAKEVEN_PRICE indicator is not installed has been corrected in the strategy code
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Re: Breakeven_Price Strategy

Postby Apprentice » Tue Sep 28, 2010 2:26 am

Update.

Added ability to select,
Closes only the Long or Short position.
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Re: Breakeven_Price Strategy

Postby Apprentice » Fri Oct 15, 2010 9:03 am

Update
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Re: Breakeven_Price Strategy

Postby sho-me-pips » Sat Feb 26, 2011 8:40 am

Could you modify this strategy to work on FIFO, individual pairs, and close a selected amount of pips beyond break even, or is there an existing strategy that will fulfill my request.

Thanks in advance
"A hundred pips a day keeps the collector away"
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Re: Breakeven_Price Strategy

Postby Apprentice » Sun Feb 27, 2011 5:51 am

Added to developmental cue.
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Re: Breakeven_Price Strategy

Postby fabfxcm » Mon Oct 10, 2011 12:45 pm

Could anyone explain me why break even strategy doesn't work? It says "string53 please dowload and install trend lord indicator". I disinstalled and istalled many time both, trend lord indicator and break even strategy, but it still doesn't work. What can I do?
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Re: Breakeven_Price Strategy

Postby sunshine » Tue Oct 11, 2011 5:29 am

Looks like you have not installed the BREAKEVEN_PRICE Indicator.
Please download the indicator here and install in Marketscope:
viewtopic.php?f=17&t=2236
Make sure that the indicator is in the list in the Add Indicator dialog box.
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Re: Breakeven_Price Strategy

Postby PipGrabber » Wed Nov 30, 2011 11:58 pm

Hi sunshine,

Can you please update this strategy to work again. It doesn't seem to work anymore as the breakeven price indicator not working too. Thanks.
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Re: Breakeven_Price Strategy

Postby Apprentice » Thu Dec 01, 2011 9:59 am

Thank you for reporting the problem.
Someone will test indicator, this should fix the problem.
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Re: Breakeven_Price Strategy

Postby PipGrabber » Thu Dec 01, 2011 6:26 pm

Your welcome! Thanks too. Looking forward to it. ;)
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