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Forex Forum → Forex Strategies → Opening position on crossover every time - What condition to use?

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Topic: Opening position on crossover every time - What condition to use?

I have this EURUSD 5min strategy which is supposed to open Long position based on MA crossovers. The problem I am trying to solve is what condition to use for "Opening Point of the Position". Currently I have Previous Bar Opening condition, but it is opening only about 30% of positions  (please see screenshots).

My question is: What condition to use so the FST places some kind of waiting order every time when there is a crossover no matter on value of previous bar etc? Any help will be appreciated.

A) Everything correct here. Opening price of previous was in range of next bar
http://snapshot.own.cz/Opening_Long_MAcross_correct.jpg


B) Here it missed to open position. Because the opening value from previous bar was not in range of next bar
http://snapshot.own.cz/Opening_Long_MAcross_missed.jpg

Re: Opening position on crossover every time - What condition to use?

Maybe this is because of another filter what you have in your strategy.

Re: Opening position on crossover every time - What condition to use?

Hi, thank you for reply. The only filter I have in strategy is Long or Short (Open long positions only).

Strategy settings:

Opening Point of the Position
- Previous Bar Opening
- Moving Averages Crossover (the fast MA crosses the slow MA downward)
- Long or Short (Open long positions only).

Closing Point of the Position
- Stop Limit (stop loss or take profit)

Re: Opening position on crossover every time - What condition to use?

If you set Opening Point  = Bar Open, you'll get entry after each crossover.

Re: Opening position on crossover every time - What condition to use?

Ah, how simple. How could I miss this... Thank you very much Popov!

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