Max Profit / Max Loss Keyword - 5 Different Examples including Trailing Stoploss Explained

[@emanasa]

very good thank you. long time waiting for this.

[@MrNeeraj30]

Dear Nelson Sir, Thanks for this new lesson..!! It would be more good if you create a video on how to trail SL in strategy which moves in our positive favor. Let's say if TSL of profits activates at Rs. threshold limit of Rs. 1000 and when profit increased by Rs.200 then TSL should increased by Rs.200. So we need some condition for this TSL in condition builder window. We know it is already available in advance setting but that sometimes didn't work. So looking for some conditions.

[@koachmahipal2180]

I so agree--- This is a BIG MISS --- In this website. SL should inrease with increase in Profit , only then its fun Trading with Tradetron

[@HeartofGamers]

@@koachmahipal2180 trailing stop strategies don't work in the long run they give net loss only

[@nikhildhonde1821]

which PNL it consider.... PNL of all trades since morning or PNL of current trade which is going on?

[@fungamerzUS]

HI, HOW TO SET COMBINENED PREMIUM 20%SL? IN EXIT OR UNIVERSAL EXIT?

[@jsnathan1]

Please provide Tradetron link for this strategy with Duplicate option. So that we can use it. There are other platforms, where in we can create a lock and trail profit strategies with just a click of button.

[@aksinghv]

can we have Trailing in case of Max Loss similar to Max Profit?s

[@subhanishaik9849]

If exit at only 3.pm In my doubt is suppose itake one call in 10.am..my pnl is going to 10.30 It will exit..profit booked or wait for 3.o clock.. Sir shows exit timing is near by..2.45pm to 3.00pm only Thank u

[@jimpaulk1]

Great bro...

[@AmitGupta2555]

Sir how to book partial profit in exit condition, like I bought 4lot bank nifty option, want to exit 2lot at certain level and trail the remaining...

[@fartywood3917]

Good question, maybe we need to use Max profit in Repair once and write a custom exit, with 50% of positions closed.

[@parthagrawal6550]

Use 2 repair ones, In first repair ones, put your exit conditions, which sell 2 lots of banknifty In second repair ones, put trailing stoploss conditions, which sell the rest 2 lots You can also use the keyword Net quantity 'instrument name' = number '2' Hope this will work

[@parthagrawal6550]

@@fartywood3917 yes use the keyword 'net quantity'

[@rcamin27]

Sir this can only be used when strategy is in profit, what if after execution of order it goes into loss

[@manjunathschickmath8538]

Hi Sir is this work on Universal exit only ? or we can use in Set exit also ? and what if max profit not reach to mentioned 500 ??

[@akkinepallypradeepkumar3817]

How this will decide a particular value as it is max profit? As time progress max profits may increase or decrease so up to what time it will observe and record as a particular value as max profit

[@D.O.M.I.N.I.C.A]

thanks...thanks....thanks....

[@king..15]

How to use multiplier?

[@dharmasutra]

Please add option to place rsi on moving averages (not moving average on rsi)....in tradingview we can add rsi on other indicator

[@sundertalreja7208]

How we can record max profit and max loss in back test?

[@princechacko6704]

How we can use trailing Stop loss leg base

[@chasingmilestones]

not possible, ive been asking the same question

[@malwindersidhu9890]

@@chasingmilestones the logic to trail stoploss has already explained in this video here but we have to take entries in different way to get the benefit.

[@malwindersidhu9890]

the logic to trail stoploss has already explained in this video here but we have to take entries in different way to get the benefit.

[@jeetsubhaengg]

Can i use max profit strategy for particular set in exit condition? Only can use in universal exit?

[@parthagrawal6550]

No, you can only use in universal exit, use "Leg TSL" keyword instead

[@SHAKTIKARNI]

bhai mast hai hindi me hota to jyada sahi hota aur jyada logo ke kaam aata

[@AKBnew]

Need i delete "stop-loss" in set, if i want to make use of "trailing stop-loss"?

[@parthagrawal6550]

No

[@pravinmetaliya689]

What is diff. Between max profit and pnl??

[@fartywood3917]

PnL is a running counter, but Max Profit only changes if the new value > old value. Lets say, PnL=1000 and Max profit is also = 1000, after sometime, PnL=850, but Max Profit still stays=1000. After some more time, PnL=1100, now Max Profit also changes to 1100, because 1100 > 1000. It does not change until a new higher PnL is reached by the strategy. Hope this helps.

[@ksonkhedkar]

How Max profit considers in back test, is it considers for that counter only or for overall strategy, in backtesting my strategy is exiting in very next candle but while running on paper trade it exciting properly....please guide

[@parthagrawal6550]

Universal exit only

[@niaraevara5951]

Does this works this way: For say I have got a profit of 3000 Rs per 1 lot of BNF and if the loss goes below 300 rs of Max profit then it should exit.

[@hareshkumardhaiyada9957]

Kabhi margin show nhi hota sir kya problem he sir...😢

[@albertaware4302]

You used PNL in the stratagy... does it mean profit n loss of only this stratagy or overall profit n loss of deployed stratagies...?? Is it different when using pnl in universal exit or in set exit..?? Pls guide..

[@fartywood3917]

yes, this is PnL of the whole strategy, not individual set.

[@dheerajkesri3195]

Super confusing. You should use positive number for Max loss field. Otherwise you should just use Max profit and have positive value for actual profit and negative value for actual loss. How negative value in Max loss makes any sense?

[@mohansai4742]

Hi sir , I am having strategy for banknifty, And I need code in tradtron , pls help me out sir Pls code my strategy in tradtron

[@fartywood3917]

i can help you

[@mohansai4742]

@@fartywood3917 your contact number

[@ganeshkalam1130]

@@fartywood3917 sir apka contact no milega