True range code for exit or profit booking

Algos, strategies, code
1

i use a strategy known as simple strategy it uses MACD and RSI i have code for that strategy

i need code for exit (or)profit booking using ATR(True Range)

i use ATR(True Range) for booking profit.

  1. i use ATR value plus the entry price for long
    example ATR value of nifty future is “35” and my entry is at 8050 my profit booking would be 8050+35=8085

and for stop loss
2. i use half of the ATR value minus entry
example ATR value of nifty future is ‘35’ and my stop would 35/2=17.5 minus my entry price 8050-17.5=8032.5
can anybody give me code for exit long script and exit short script

i dont know whether stoploss rule will be code able or n’t but i assume profit target can be coded so can anybody give me code for profit booking that would be great

thank u,

2

YES, You can use price alert for this as per below syntax

TR(CLOSE)>8050