The EMA TP condition is correct, EMA 9 is greater than EMA 21, and the entry moved into profit more than the minimum TP of 1.36%(With leverage ~ 5*1.36=6.8%), reaching around 3.79%. So it should have closed around 1.36%. but it didn’t
Also, the run-up field does not show the correct value. For example, for the run-up field, 3.79 × 5 (price change × leverage) should be around 18.95%, but it only shows 4.91%.
This looks like have some issue. Can you check it?
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Minimum TP is a price deviation, not unrealized profit percent.
With Minimum Take profit we configure the minimum take profit price that we want to surpass before we allow the indicator to close the deal.
I don’t know exactly how it works with leverage. So if you have price $100, mtp 10% and leverage 5x and go long, then the minimum price before the trigger is allowed to close the deal is either $102, which I would expect, or $110 if only the unleveraged deviation counts.
The price where the deal gets closed could be higher though. And hopefully most of the times not smaller than the minimum price.
Okay, I think I understand the logic. So if we use 3 minutes for EMA 9 above EMA and profit with minimum TP 1.36%, it will wait until the 3 minute candle closes to trigger the TP. So even if it goes beyond 10% profit and then reverses to the other side, the TP will not trigger before the candle closes.
But in backtests, it seems to trigger profit without waiting for the candle close. That is why I posted a bug in my previous post, because there is a huge difference between backtests and live trading.
In backtest it cannot trigger before candle closed, because backtest works on candles.
Yes, it normally closes at around 1.5x above the minimum TP. I am still looking for an indicator that can trail profit more accurately through a trend. EMA works fine, but it gives back a lot of profit. If you know any better one, please share.
