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.

Get more messages

No more messages

Back


Trading Items Percent Bollinger Bands Percent of Time Spent Above a Moving Average Trading System Based on the CloseHL Percent Rank Oscillator CloseHL Percent Rank Oscillator Percent Bollinger Bands smothed with exponential Moving Average	How-to Lessons How to add a metric in the trading system simulation report How to create a volatility-based Stop - Dynamic stop based on the... How to perform a basic quantitative analysis using the S&P 500 How to create histogram charts How to create a composite index/indicator
Related Forum Threads Percent Rank Function Needed Percent Change (close) indictor Percent change/Change Percent INvested Open position profit/loss method in money manager	Blog Posts Introduction to the trading rules analyzer Backtesting All Candlestick Patterns in 10 Minutes 10 masks to create thousands of rules to use into your trading sy... Reducing risk and increasing return by combining several trading ... 4 indicators to create adaptive trading systems