I would like to know how to code an exit from a trade based on a new lower low in the current trade.
For an ex then latest bar is lower than the last 30 bars then sell position
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// Breakout strategy with new Higher high for go long and new lower low for go short
highh=highest[50](high)// when the price is higher than the last 50 bars i want to go long
lowl=lowest[30](low)// When the price is lower than the last 30 bars want to exit my long trade
Size=1//position size
Condlong=highh>close
Condexitlong=barindex-tradeindex(1)<=lowl // " Here is something wrong i can´t figure out how to get it right for exit ??? "
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