profit/loss in percent % - Trading Software

profit/loss in percent %

kulkarni
2010-11-15 00:55:54

hello,
i make a formula & see it on chart. it indicate buy or sell arrow as per formula but i also want as simulator done (buy price= next day open & sell price= next day open or close which we select it). i want when my formula show sell arrow then it also show diffrance betwen buy price of next day open & sell price of next day open or close .if buy price is > than sell price then it show '- %' so it help to know trade profit or loss.
thank you.

QuantShare
2010-11-15 06:30:10

You should create a trading system using your buy and sell rules, backtest it then check "Plot entries & exits on chart".
After that, every time you select a chart, buy and sell arrows will be displayed with entry & exit prices and profit/loss data.

kulkarni
2010-11-15 15:09:41

i want it how i do useing with edit formula?

QuantShare
2010-11-16 08:58:30

Best Answer

Here is a formula that plots the profit/loss percentage:

buypr = ValueWhen(brule, ref(open, -1));
sellpr = ValueWhen(srule, ref(open, -1));
per = ((sellpr / buypr) - 1) * 100;
per = round(per, 3);

PlotArrow(brule, "Buy", BelowLow, colorBlue);
PlotArrow(srule, "Sell\n".per, AboveHigh, colorRed);

- "brule" is the buy rule and "srule" is the sell rule.

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