Exit long script after certain 1% gain

Algos, strategies, code
1

Suppose I have entered a “Buy Script” in Back-testing and it has generated say 5 orders :
Order1, Order2… and so on.

Now I want to create a “Exit Long Script” where :
Order1 will exit if there is 1% rise in the stock price. Hence say for HDFC Bank if the Order1 buy was executed at 1405.10 and the “Exit Long” should happen when the price increases by 1% i.e. 1419.

Similarly if Order2 buy was executed at 1410.25 and the “Exit Long” should happen when the price increases by 1% i.e. 1424.35 for Order2.

In this case how to I create an “Exit Long Script” which refers to the Buy Order for Backtesting.

2

@Streak can you.

3

Are you asking or replying ??

4

Have tagged Streak, so they can help you with your query :slightly_smiling_face:

5

Hi @vineetu1

You can simply set your Target profit at 1% for this in Streak to implement this.

Let me know if you face any issues.