Topic: Close a Position on End-of-Week OR xATR Win/Loss OR Exit Indicator

Hi folks,

trying to find a solution for the following position closing szenario:

Close a position
    if end of week (eg. Friday 23:00)
OR
    if position looses xATR pips
OR
    if position wins xATR pips
OR
    if an indicator send an exit signal

I found Weekly Closing for Closing Point, but than no more condition can be added.
Any ideas?

Thanks!!

Re: Close a Position on End-of-Week OR xATR Win/Loss OR Exit Indicator

Put the 'chain' on the 'Bar Closing' box

Add your other conditions in the 'Add a closing logic' box

That should fix.

Re: Close a Position on End-of-Week OR xATR Win/Loss OR Exit Indicator

Hmm .. setting the Closing Point Slot to "Bar Closing" removes the option to use "Week closing".
Also ATR based price closing indicator for win/loss is not available.
I am wondering if a custom indicator could handle this?

Re: Close a Position on End-of-Week OR xATR Win/Loss OR Exit Indicator

You can use "Week Closing" with Closing logic conditions.

Re: Close a Position on End-of-Week OR xATR Win/Loss OR Exit Indicator

Hi Miroslav,
if I use Weekly Closing, the positions will only be closed on fridays AND if the other conditions are met.
I would like to close friday night OR with occuring the other conditions independent of the friday close.
Regards.