REM INDICATOR
mySAR = SAR[0.02,0.02,0.2]


REM CONDITIONS
c1 = mySAR >= High
c2 = mySAR <= Low

IF Not OnMarket THEN
 IF c1 THEN
  BUY 1 CONTRACT AT mySAR STOP
 ENDIF
 IF c2 THEN
  SELLSHORT 1 CONTRACT AT mySAR STOP
 ENDIF
ENDIF


IF LongOnMarket THEN
 mySTOP = mySAR
  IF Close >= TradePrice(1) THEN
   mySTOP = mySAR
   SELL AT mySTOP STOP
  ELSE
   SELL AT mySTOP STOP
 ENDIF
ENDIF

IF ShortOnMarket THEN
 mySTOP = mySAR
  IF Close <= TradePrice(1) THEN
   mySTOP = mySAR
   EXITSHORT AT mySTOP STOP
  ELSE
   EXITSHORT AT mySTOP STOP
  ENDIF
ENDIF

Download

Filename: Dynamic-StopLoss-SAR.itf

Downloads: 405

Adolfo Senior

A ProRealTrader. I'm here to learn as much as I can, and improve my skills every single day!

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