[PINESCRIPT TUTORIAL PART 4] Coding a Stop-loss, Profit-Taking Limit Order, Backtesting Time Periods

Опубликовано: 20 Декабрь 2024
на канале: Trading IQ

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I made a mistake at 6:16. I said "time is less than or equal to period()", which, the code looks like this: period() "less than or = to" time. This is incorrect and was improper placement of the angled bracket and equal sign. We are creating a USER-DEFINED function with this line of code and NOT using the numerical expression operator "less than or equal to". Unfortunately, I corrected the mistake in the video without sufficiently explaining what the error was; why it had to be changed, and did not describe what a "user-defined function" is. My apologies.

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In this video we discuss how to code a stop-loss, profit-taking limit order, and use the time/timestamp built-in function to narrow our backtest window!