Topic: Closing Conditions
Hello - I have a couple of questions regarding opening and closing conditions. I just recently discovered this program and am still learning how to use it, so I apologize if these are basic questions.
1. Is there any way for closing logic conditions to be considered independently of the closing point of the position? For example, I do not want to carry positions overnight, so I want to have a "Day Closing" to close open positions at the end of each day regardless of any other closing conditions. However, I also want to close positions during the day if a certain combination of closing conditions are met.
2. Is there any way to set an opening position based on another time frame? For example, if I trade on a 5 minute chart, but I want an opening decision to be based, in part, on the moving average direction on a 4 hour chart.