Topic: Previous High Low as Closing Logic Condition
I would like to report a strange behaviour I noticed when using the above mentioned condition in my D1 Strategy.
In my model I set that as "the bar closes above the previous low" and I combined it with "Week Closing" as a Closing Point of the Position.
Checking the Exit Signals in Excel, after having exported the indicators, I see that an exit is invoked only when the bar closes above the previous HIGH (for long) or below the previous LOW (for short).
That looks definitive not consistent.
Could someone advise about that?
Thanks a lot.
Have a nice Sunday.