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If the take profit or stop loss is reached, do the entries exit on the next bar in Pine Script?

asked 2023-01-08 11:00:00 +0000

plato gravatar image

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answered 2022-03-30 13:00:00 +0000

bukephalos gravatar image

It depends on the specific code written in the Pine Script. If the code is set to exit on the next bar after the take profit or stop loss is reached, then yes, the entry will exit on the next bar. However, the script can also be programmed to exit immediately once the take profit or stop loss level is reached, regardless of the current bar. It is important to carefully review and test the code to ensure that it behaves as intended.

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Asked: 2023-01-08 11:00:00 +0000

Seen: 10 times

Last updated: Mar 30 '22