Exit Position based on Profitability

The Exit Postition Based on Profitability money management script is used to exit an open position if X% profit has not been achieved after Y number of bars.
The values for the profit threshold (X) and the number of bars (Y) are configurable using the money management variable inputs screen.
Both variables can also be optimized to determine the optimal values.

For example if you want to exit your current position if it has not reached a 3% profit within 5 bars (e.g., 5 days), this script will provide you with that capability.

Of course, it is possible to optimize both variables (threshold and number of bars) to find out which combination works best for your trading system.

Technical Analysis

• Return Since a Specific Condition Occurred
• How far are the close prices from the support line
• Intraday Floor Pivots Mask
• Sortino Ratio of an Asset
• Chande TrendScore By Symbol
• Low Priced Stocks After Jump UP
• Technical Analysis Continuation Pattern: Ascending Triangle Indicator
• SMA 50-200
• Accumulation Swing Index
• The Best trading rules for the ADX technical indicator
• More trading objects...

Fundamental Analysis

• Earnings database
• History of dividend payment for stocks in the US stock market
• Gross Domestic Product - Historical data
• Stock Picks from Wikinancial
• Google Trends Sentiment Indices
• ADS Business Conditions Index
• Survivorship bias-free S&P 500 database downloader
• Measure the value of the stock market using the Q-Ratio valuation method
• Announced Stock Splits
• NASDAQ and Boston stock exchanges - Daily short sale data
• More trading objects...