Fixed target and stoploss for a trade cannot be backtested in PI with tradescript. You will have to use Amibroker for that.
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you can place stoploss conditions in exit buy and exit sell check the below screenshots
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Please mention time frame. for eg. 1 min, 5 min, 30 min, daily. weekly etc…It depends up on your selection of time frame.
I MEAN TO SAY SUPPOSE IF I HAVE A STRATEGY HOW TO DEFINE A PROPER TARGET AND STOP LOSS IN IT…I GAVE THE EXAMPLE ONLY…
You cannot put a fixed number or script in exit long/short that refers your buying/selling price +/- some number. The exit has to be through some technical indicator only.