Forex Software — using directional indicators to close a position

Re: using directional indicators to close a position

null@example.com (footon) — Thu, 06 Jan 2011 14:06:02 +0000

You're welcome!

Re: using directional indicators to close a position

null@example.com (dave88) — Thu, 06 Jan 2011 03:36:23 +0000

thanks for your advice, regards Dave

Re: using directional indicators to close a position

null@example.com (footon) — Wed, 05 Jan 2011 14:29:37 +0000

Everything happens at the end of the bar if set so, otherwise the cross of ADI would be not confirmed and therefore not replicable/backtestable, thus rendering the whole strategy development process useless.

using directional indicators to close a position

null@example.com (dave88) — Wed, 05 Jan 2011 14:12:37 +0000

I am hoping someone might clarify how the following combination works in practice if trading using the strategy trader:

Closing Point of the Position: Bar Closing (Exit the market at the end of the bar" and
Closing Logic Condition: Directional Indicators (The ADI+ crosses the ADI- line downward)

Would a strategy closing based on the above, close intra bar when the 2 ADI lines crossed for the 1st time, or at the end of the bar after this cross has occurred?

I am having trouble understanding the fact that the base price of the directional indicators is "Bar Range" and how this fits with "exit at the end of the bar"

please help if you have time, regards
Dave