Forex Software — exiting position

Re: exiting position

null@example.com (doncello) — Mon, 14 Dec 2009 01:24:50 +0000

Popov wrote:

[Closing Point of the Position]
Donchian Channel
Exit long at the Lower Band
Base price - High & Low
Period - 60
Shift - 0
Use previous bar value - Yes
This will close the long positions at the lowest low of the last 60 bars and the short positions at the highest high of the last 60 bars.

Thanks Popov..

Re: exiting position

null@example.com (Popov) — Sun, 13 Dec 2009 23:43:23 +0000

[Closing Point of the Position]
Donchian Channel
Exit long at the Lower Band
Base price - High & Low
Period - 60
Shift - 0
Use previous bar value - Yes

This will close the long positions at the lowest low of the last 60 bars and the short positions at the highest high of the last 60 bars.

Re: exiting position

null@example.com (doncello) — Sun, 13 Dec 2009 23:36:17 +0000

Think I found the solution with Donchian..

exiting position

null@example.com (doncello) — Sun, 13 Dec 2009 22:36:06 +0000

Hi there,

Is there any indicator in FSB that closes all the positions if the price has dropped below the lowest point of previous 10bars in daily chart or below the lowest of 60 bars in 4H charts?? I tried to use high/low price indicator but it seems to take only 1 point but not all the points in a given time frame.

Thanks in advance..