Dear all,

I’m trying to set a stop loss 2 pips under or 2 pips above the high at 2 prevoius bar of a Heikin Ashi.

I found something on the forum but it was talking about normal candles and not HA. I tried to adapt it to HA but it is not working as expected.

I want the stop loss NOT to change at next bars.

Here’s the code of Heikin Ashi I use:

xClose = (open+high+low+close)/4
IF BarIndex=0 THEN
xOpen = open
xHigh = high
xLow = low
ELSE
xOpen = (xOpen[1] + xClose[1])/2
xHigh = Max(Max(high, xOpen), xClose)
xLow = Min(Min(low, xOpen), xClose)
ENDIF

To enter long:

IF all my conditions THEN
BUY 1 SHARES AT MARKET
xsll = xlow[3]
SET TARGET pPROFIT x
ENDIF

to enter short:

IF all my conditions THEN
SELLSHORT 1 SHARES AT MARKET
xSLS = xhigh[3]
SET TARGET pPROFIT y
ENDIF

finally to set stop loss:

IF longonmarket THEN
SELL AT xsll-2*pipsize STOP
endif

IF ShortOnMarket THEN
BUY AT xsls+2*pipsize STOP
ENDIF

Here what happen:

1. When it has to close long position looks not bad even if it sometimes the exit from position it’s lower then xlow[3], so I do not understand if it sell as soon as the price reach xlow[3]+2pipsize or it waits the bar where it reaches it to close.
2. When it has to close short position it opens a countrary long position, so I found myself with a opened long postion which I don’t need. Regarding point where it closes the short position the issue is as above at point 1.

I really appreciate your help!

Thank you all!