I created a program code to to exit the position when the pnl<-quantity. ie. if I have a position in Nifty option with quantity 75(1 lot) and the pnl is less than -75 (one Rupee loss), I want to exit the position and it is working fine.
But what actually I need is, if the pnl once crosses 75 (>75), the stop loss level must be raised to 0(zero) and fixed for ever. I added some code lines, and when the pnl>75, stop is raised to 0, but when the price reverses (pnl<75), the stop again goes back to -75(instead of remaining at 0).
My logic and coding are not working..
Please help me to correct this code. I would be thankful to you. I do not want to put BracketOrder or CoverOrder.
#=====Here is the issue===============================================
Are you running this below code inside a quantity / PnL polling loop ? If yes then that is the cause. It should be outside