hello.
have set target = 15 POINTS [ adjustable from parameter window ]
this will sell at target achieved or stop loss [ i.e ema(c,20) ] hits ,
vice- versa for short
e1=EMA(C,5);
e2=EMA(C,20);
Plot(C,"Close",3,64);
Plot(e1,"",6,1);
Plot(e2,"",4,1);
b1=Cross(e1,e2);
s1=Cross(e2,e1);
Buysetup=Flip(b1,s1);
Shortsetup=Flip(s1,b1);
trend=IIf(BarsSince(Buysetup)>BarsSince(Shortsetup),1,0);
L2=e2;
H2=e2;
s5d=TrendSL=IIf(trend==1,L2,H2);
t1=Param("Set Target points",15,5,100,1);
BOS=IIf(e1>e2,1,-1);
Price=ValueWhen(IIf(Bos==1,b1,s1),C);
T1=IIf(BOS==1,(Price+t1),(Price-t1));
buyBars=BarsSince(Cross(e1,e2));
sellBars=BarsSince(Cross(e2,e1));
DisPds=LastValue(IIf(Bos==1,buybars,sellbars))+1;
BackPds=0;
T1A=ValueWhen(DisPds,Ref(Ref(T1,-BackPds),BackPds));
Plot(T1A,"Target",IIf(Bos==1,5,4),24);
Buy = B1 ;
Short= S1 ;
Sell=Shortsetup OR Cross(t1a,C);
Cover=Buysetup OR Cross(C,t1a);
Buy = ExRem(Buy,Sell);
Sell = ExRem(Sell,Buy);
Short = ExRem(Short,Cover);
Cover=ExRem(Cover,Short);
PlotShapes(IIf(Buy, shapeUpArrow, shapeNone),colorGreen, 0,Low,-15);
PlotShapes(IIf(Sell, shapeHollowDownArrow, shapeNone),colorOrange, 0,High,-25);
PlotShapes(IIf(Cover, shapeHollowUpArrow, shapeNone),colorLime, 0,Low,-25);
PlotShapes(IIf(Short, shapeDownArrow, shapeNone),colorRed, 0,High,-15);
side = 3;//
dist = Param("text up-dn",0.1,0,2,0.1);
for( i = 1; i < BarCount; i++ )
{
if(i+side== BarCount) PlotText( "T.Stop " + e2[ i ], i+5, e2[ i ]-dist, colorLime );
}
thank you