Exit position once a condition happens twice

• 03/31/2020 at 3:44 PM #124100
  eckaw

  Hi all,

  Is it possible to code an exit code that would exit a position once a certain condition is met the second time around?

  The exit condition I’m trying to achieve is when CDC ATR Trailing Stop v2.1 indicator turns red the second time around (on long positions) and turns green the second time around (on short positions). So it would not exit the position the first time the CDC ATR Trailing Stop v2.1 changes color.

  How would one go about coding this? Please see attached screenshot.

  Thanks in advance.

   

   

  

  eckaw

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  03/31/2020 at 4:00 PM #124103
  Vonasi

  Simply set a flag.

  if your entry conditions then buy 1 contract at market flag = 0 endif if longonmarket and (my exit condition happens) then flag = flag + 1 endif if longonmarket and flag = 2 then sell at market flag = 0 endif

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  if your entry conditions then buy 1 contract at market flag = 0 endif   if longonmarket and (my exit condition happens) then flag = flag + 1 endif   if longonmarket and flag = 2 then sell at market flag = 0 endif

   

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  eckaw

  

  Vonasi

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  03/31/2020 at 6:15 PM #124141
  GraHal

  Above added as Log 204 here …

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  eckaw, Vonasi

  

  GraHal

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