Trail until Initial Target and lock profit

AFL Programming
1

Hi Friends,

I am trying to Backtest set of symbols on more than one year data as below:

  • Generate Buy signal based on 200 Daily MA of Volume and closing price in 1 min Timeframe.
  • Initial Target is 2.5%
  • Initial Stop Loss is 2%
  • Trailing 0.5%
  • Example: Buy at 100, Initial Target = 102.5, Initial SL = 98, Trailing = 0.5;

My requirement:

  1. When price reaches initial target of 102.5, then my trailing SL will be at 100.5. At this point I want Trailing SL to move to 2% of Buy Price (i.e. 102).

  2. After Initial target is achieved then I want to Trail normally (i.e. if price goes from 102.5 to 103, then Trailing SL should move from 102 to 102.5 and continue until Trailing SL is hit)

Note:

  1. Above requirement I am able to achieve for single script using Static Variables in real time but I want to backtest on set of symbols.

  2. Before posting I have searched KBs and gone through below links but they are not suiting my requirement:

https://forum.amibroker.com/t/implement-exit-according-to-current-position-profitability/1961/5

Any help is appreciated.

Thanks
Shiva

2

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