Profit-target-Stop-loss-as-a-factor-of-the-entry-bar-size

CODE:

using WealthLab.Backtest;
using System;
using WealthLab.Core;
using WealthLab.Indicators;
using System.Collections.Generic;

namespace WealthScript1 
{
    public class MyStrategy : UserStrategyBase
    {
        //create indicators and other objects here, this is executed prior to the main trading loop
        public override void Initialize(BarHistory bars)
        {
         r = RSI.Series(bars.Close, 14);
         PlotIndicator(r);
         PlotStopsAndLimits();
        }

        //execute the strategy rules here, this is executed once for each bar in the backtest history
        public override void Execute(BarHistory bars, int idx)
        {
            if (!HasOpenPosition(bars, PositionType.Long))
            {
            //code your buy conditions here
            if (r[idx] < 40)
            {
               PlaceTrade(bars, TransactionType.Buy, OrderType.Market);
               barRange = bars.High[idx] - bars.Low[idx];
            }
            }
            else
            {
            //sell at N times the range of the signal bar (change 3 to whatever factor you want)
            Position pos = LastOpenPosition;
            PlaceTrade(bars, TransactionType.Sell, OrderType.Stop, pos.EntryPrice - barRange * 3); 
            PlaceTrade(bars, TransactionType.Sell, OrderType.Limit, pos.EntryPrice + barRange * 3); 
            }
        }

      //declare private variables below
      private RSI r;
      private double barRange;
    }
}