OSCILLATOR FOR EXIT SIGNAL

• 10/07/2019 at 12:29 PM #109515
  sideney

  Hi,

  i would like to set an exit signal after N times that an oscillator (rsi,stochastic, etc), cross the zero level, and setting the exit to a maximum or minimum of said oscillator.

  Is it possible to do on proreal?

   

  thank you for the reply, best regards

   

   

  

  sideney

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  10/07/2019 at 12:54 PM #109521
  Nicolas

  Yes sure, that kind of code should be ok to exit an order N bars after the RSI has crosses down the level 50 and now below 30.

  N = 10 i = rsi[14] if i crosses under 50 then start=barindex endif if longonmarket and barindex-start>=N and i<30 then sell at market endif

  1 2 3 4 5 6 7 8 9 10

  N = 10 i = rsi[14]   if i crosses under 50 then start=barindex endif   if longonmarket and barindex-start>=N and i<30 then sell at market endif

  (not tested).

  

  Nicolas

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  10/07/2019 at 1:19 PM #109522
  sideney

  Hi,

  i’m express myself bad. What i need is like this example. I got an enter signal from a cross, and then, i wanna put my exit signal equal to point 3 of my momentum indicator.

  

  sideney

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  10/07/2019 at 1:26 PM #109524
  Nicolas

  Ok, but all I can see from your example is numbers on a chart, how do you expect I understand something from this? Why are there points 1,2 and 3? Are they necessary in your exit conditions or not?

  

  Nicolas

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  10/08/2019 at 7:49 AM #109575
  jebus89

  I think what he means is that “if the oscillator crosses over “0” for the 3rd time, then sell/exit”.

  If long/short on market then:

  if oscillator crosses over for the 3rd time: Sell

  

  jebus89

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