FXCodeBase.COM: Forex Chart Indicators and Development

Based on the request.
viewtopic.php?f=27&t=66116

Short Trade
Close trade X pips in profit
On Price /MA CrossOver

Vice versa for Long

Hi Thanks

However the strategy is not performing as intended. Currently it exits a trade when price crosses the 10 MA in the direction price is moving.

eg, at the moment if you are short and price is above the 10SMA and goes below it by the minimum amount, say 10 pips, then it exits.

What should happen is you are wanting an opposing bar type for the exit when the price is a certain amount of pips in profit, using the example of a short trade that would be a bar where the close is above the open, ie an "UP" Bar closing over the 10 MA and the opposite if you were Long.

Thanks

Try it now.

Its exiting the trade on the touch of the MA, it should be a close of a bar back across the MA

Thanks

Hi

I've attached an image which should hopefully help explain the rules



Thanks