OSCILLATOR FOR EXIT SIGNAL

sideney · 2019-10-07T11:29:19+00:00

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

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10/07/2019 at 12:29 PM #109515 quote

sideney
Participant

New

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

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

Legend
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
```
(not tested).
10/07/2019 at 1:19 PM #109522 quote

sideney
Participant

New

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.

dax.jpg

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

Nicolas
Keymaster

Legend

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?

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

jebus89
Participant

Master

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
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