Topic: Exit on the open

Is there a way to exit a position on the open? I actually want to exit a position on the close of the bar if it below a certain level but for obvious reasons it can't know that until after the close. In which case would it be possible to close the position on the open knowing the parameters of the previous bar.

Re: Exit on the open

You can imitate price open with MA(Open, 1), but it may not work as you expect.

This logic can be transcribed as: Close at current bar open price.
What you need is: Close at the next bar open price.

There was such option in the first versions of FSB, but I removed it because it was equal to exit at close + swap (for a daily chart).