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fsbpro_guide:closing_point_of_the_position

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fsbpro_guide:closing_point_of_the_position [2014/10/23 13:43] – external edit 127.0.0.1fsbpro_guide:closing_point_of_the_position [2014/10/26 04:16] – Miroslav Popov
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 ====== Closing Point of the Position ====== ====== Closing Point of the Position ======
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 ===== Introduction ===== ===== Introduction =====
-{{ :fsbpro:manual:closing_point_1.png?nolink |}}+ 
 +{{:fsbpro:manual:closing_point_1.png?200 |Closing Point of the Position}}
  
 The **Closing point of the position** slot (**Closing Point**) is situated under the Opening logic conditions slots. The **Closing point of the position** slot (**Closing Point**) is situated under the Opening logic conditions slots.
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   * **Indicators specifying only one entry price** are: //Bar Closing//, //Day Closing//, //Exit Hour//, //Moving Average// etc. The position is closed when these indicators' price is reached, regardless of the position's direction   * **Indicators specifying only one entry price** are: //Bar Closing//, //Day Closing//, //Exit Hour//, //Moving Average// etc. The position is closed when these indicators' price is reached, regardless of the position's direction
   * **Indicators specifying more than one entry price** are: //Price Move//, //Stark Bands//, //Top Bottom Price// etc. These indicators set different points for closing a short and a long position. It is the indicator's logic that determines the different closing prices for long and short positions   * **Indicators specifying more than one entry price** are: //Price Move//, //Stark Bands//, //Top Bottom Price// etc. These indicators set different points for closing a short and a long position. It is the indicator's logic that determines the different closing prices for long and short positions
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 ==== Closing Logic Conditions ==== ==== Closing Logic Conditions ====
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 ===== Examples ===== ===== Examples =====
  
-{{ :fsbpro:manual:closing_point_2.png?nolink |}}+{{:fsbpro:manual:closing_point_2.png|}}
  
 In this example there are two exit prices: In this example there are two exit prices:
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   * short positions will close when the market price reaches the upper Bollinger band   * short positions will close when the market price reaches the upper Bollinger band
  
-{{ :fsbpro:manual:closing_point_3.png?nolink |}}+{{:fsbpro:manual:closing_point_3.png|}}
  
 Here the position will close when the PSAR point of the current bar is reached. The //Parabolic SAR// indicator can set the direction in which a position opens. This is an exception. It is the only indicator which has an entry logic condition when placed in the **Closing Point of the Position** slot. Here the position will close when the PSAR point of the current bar is reached. The //Parabolic SAR// indicator can set the direction in which a position opens. This is an exception. It is the only indicator which has an entry logic condition when placed in the **Closing Point of the Position** slot.
  
-{{ :fsbpro:manual:closing_point_4.png?nolink |}}+{{:fsbpro:manual:closing_point_4.png|}}
  
 There is only one exit logic condition here. The position will close if the fast MA crosses the slow MA in the right direction. If there is no crossing of MA, the position will not close. There is only one exit logic condition here. The position will close if the fast MA crosses the slow MA in the right direction. If there is no crossing of MA, the position will not close.
  
 ===== Summary ===== ===== Summary =====
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   * The indicator in the **Closing Point of the Position** slot shows the closing price of an already existing position   * The indicator in the **Closing Point of the Position** slot shows the closing price of an already existing position
   * Indicators which can set a definite exit price can also be placed here   * Indicators which can set a definite exit price can also be placed here
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