Hello, The following is portion of Easylanguage code generated by Automatic Pattern Search software (APS) that it sets the profit target and stop loss of an entry : Code: [color=blue] input: targetpoints(0), stoppoints(0), multiplier(1); variables: profitprice(0), stopprice(0); profitprice = O of tomorrow + ( targetpoints * multiplier) points; stopprice = O of tomorrow - ( stoppoints * multiplier) points; sell next bar at profitprice limit; sell next bar at stopprice stop; [/color] Question: If a EURUSD chart is used and target and stop are both 75 pips, should I set both targetpoints and stoppoints to 0.0075 and leave the multiplier equal to 1? This seems not to work but makes sense to me. I guess the EL word "points" is confusing to me. Thanks in advance
Thanks Tums I see that but they have no examples for forex prices. Maybe when they wrote the manual forex was not popular
I thinks so. EasyLanguage is easy to program. There are thousands of examples on the web. Many people know the language; it is easy to find help. This is a mature programming language. It is 20+ years old; it has been tried and tested in real life trading.
I agree. EasyLanguage is "easy" as compared to other languages used in some other platforms. I also like Tradestation because they offer everything in a single package, data, backtesting, brokerage, etc.