• araza
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  • Registered: 2017-08-29
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Topic: Moving Averages Strategy

Hi,
If I use the moving averages indicator.
I set the rule to enter a long position and it fine when to enter a short as the indicator reverses.
So it will enter a buy and then enter into a sell depending on the indicator.
How do I make it get out of the buy position when it enters a sell position as the trend has reversed.
Thanks

  • footon
  • footon
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Re: Moving Averages Strategy

FSB doesn't support hedging. If there's an open long and a sell signal is given, 3 things can happen depending on your setup:
1. Sell signal is not taken into account, long position remains open;
2. Close long and enter sell;
3. Reduce long position.

  • araza
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Re: Moving Averages Strategy

Thanks

How do I close the position and enter the sell. Number 2 of your reply.
Regards

  • footon
  • footon
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Re: Moving Averages Strategy

Set it up in the Strategy Properties to your liking, in this particular case next opposite direction signal to reverse.

A bit of reading - https://forexsb.com/wiki/fsbpro_guide/s … ry_signals

  • Registered: 2010-11-18
  • Posts: 1,179

Re: Moving Averages Strategy

Use "Close and Reverse" as your closing option.

  • araza
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Re: Moving Averages Strategy

footon wrote:

Set it up in the Strategy Properties to your liking, in this particular case next opposite direction signal to reverse.

A bit of reading - https://forexsb.com/wiki/fsbpro_guide/s … ry_signals

Thanks..appreciate it