#### Topic: Question - Adding Positions with a STOP LIMIT

I have come up with a decent strategy but when I study the journal of trades I am unable to say for sure what happens to the STOP LOSS and TAKE PROFIT of the original and new positions. I have found examples of both when going over the data:

Sometimes :
When you ADD the ORGINAL positions target/SL stands for both the new and old position

and Sometimes:
When you ADD the NEW positions Target/SL stands for both the new and old position

Can someone please help me I have been racking my brain over this one:

THE STRATEGY IS BELOWMarket: EURUSD 1 Day
Spread in pips: 2.00
Swap Long in pips: 0.00
Swap Short in pips: 0.00
Commission per lot at opening and closing in pips: 0.00
Slippage in pips: 0

Maximum open lots: 20.00
Entry lots: 1.00
Reducing lots: 1.00

Intrabar scanning: Not accomplished
Interpolation method: Pessimistic scenario
Ambiguous bars: 86
Tested bars: 5736
Balance: 13500 pips (23500.00 USD)
Minimum account: -1022 pips (8978.00 USD)
Maximum drawdown: 1313 pips (1313.00 USD)
Time in position: 54 %

[Strategy Properties]
A same direction signal - Adds to the position
An opposite direction signal - Reduces the position
Permanent Stop Loss - None
Permanent Take Profit - None
Break Even - None

[Opening Point of the Position]
Heiken Ashi
Enter long at the H.A. Low
Base price  -  High, Low, Open, Close
Use previous bar value  -  Yes

[Opening Logic Condition]
Moving Average
The bar opens below the Moving Average after opening above it
Smoothing method  -  Simple
Base price  -  Median
Period  -  1
Shift  -  0
Use previous bar value  -  Yes

[Closing Point of the Position]
Stop Limit
Exit at the Stop Loss or the Take Profit level
Stop Loss  -  89
Take Profit  -  165

#### Re: Question - Adding Positions with a STOP LIMIT

Is anyone else getting the same problem with this strategy?

Is the strategy published corrrectly?

#### Re: Question - Adding Positions with a STOP LIMIT

This Is even better when set to optimistic can someone help me out with this one I want to get it trading

#### Re: Question - Adding Positions with a STOP LIMIT

Optimistic defines the interpolation of ambiguous bars = interpolated optimistically.

Nice strat btw, workable I think.

You state you have problems, what problems? I'm not sure I understand you right. If you think you want to go live, please test it in a demo account first! Observing that might answer some of your questions.

#### Re: Question - Adding Positions with a STOP LIMIT

footon wrote:

Optimistic defines the interpolation of ambiguous bars = interpolated optimistically.

Nice strat btw, workable I think.

You state you have problems, what problems? I'm not sure I understand you right. If you think you want to go live, please test it in a demo account first! Observing that might answer some of your questions.

The problem is when adding a position in the strategy Its unclear as to whether the new or old stop-loss is used after an addition and if for both positions

#### Re: Question - Adding Positions with a STOP LIMIT

mixmanmatt wrote:
footon wrote:

Optimistic defines the interpolation of ambiguous bars = interpolated optimistically.

Nice strat btw, workable I think.

You state you have problems, what problems? I'm not sure I understand you right. If you think you want to go live, please test it in a demo account first! Observing that might answer some of your questions.

The problem is when adding a position in the strategy Its unclear as to whether the new or old stop-loss is used after an addition and if for both positions

Additions should use new stop, make a test strat and verify it in a demo, then you'll have solid understanding.

One other thing - check this post, it might be useful for you: http://forexsb.com/forum/post/10390/#p10390