Hi All,
Is it possible to add a provision for multiple “CLOSING POINT OF POSITION” parameters?
For example, a closing point could refer to either a TP or SL level. If using PIVOTS for example, It may require 2 or more closing points, e.g. for a buy at the pivot;
**CLOSING POINT OF POSITION to be AT EITHER
Closing point #1 = Close long at R1 (a target position)
**OR
Closing point #2 = Close long at S1 (a Stop position) (as supposed to using a FIXED SL value as can be set in “properties”)
**OR
Closing point #3 = Day Close if the position hasn't been realized (+ve or –ve) by end of the day via TP or SL, close out the position.
***A permanent Stop can also be applied as added security if so desired.
For a strategy we tend to have one signal by which we make the decision to buy/sell. Typically however, when managing a trade we may have a number of signals by which we would look to close (whether we’re positive or negative).
I hadn't seen this one covered so hopefully it's not a repeat.
I noticed FxWinner posted
"1. Extend Closing logic not only AND but OR as well, as when TP/SL added, sometimes only 1 or 2 indicators can be added. "
this would apply to adding multiple "closing points" rather than just closing logic (where each closing point has it's own closing logic conditions, as the current one does). Perhaps the additional Closing Points could be added when required from an "add closing positions" button so as not to clutter the current FSB screen?
I understand FSB 3.0 is already out, but I just got onto this forum recently and thought I'd put forward the request anyway. If people may find this provision worth while it could be considered at a later date.
Cheers,
