Stop loss on MA, End of day

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Viewing 3 posts - 1 through 3 (of 3 total)
  • #104729

    Hello,

    I would like to set a stop loss for if the ‘close’ price at the end of a day period is below a moving average. I don’t want the stop to kick in if the moving average is touched or crossed during the day.

    Would this work if:
    I set an alert on the moving average. Tick the box for ‘at end of current candle’ rather than ‘current period’. Associate a sell order to the alert.

    Could anybody tell me if this would work and if not, is it possible to set up?

    Thank you

     

    #104754

    I’ve used the Associated  Buy / Sell to an Alert and it does work fine.

    You’d be on a Daily / 1 day Time frame?

    I would say it would work as you want, but best to test it on Demo on first?

     

    #104764

    Excellent. Thanks very much for your help and I’ll give it whirl on demo first.

    Best wishes

Viewing 3 posts - 1 through 3 (of 3 total)

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