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Stop loss on MA, End of day

henders · 2019-08-14T07:33:26+00:00

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

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Stop loss on MA, End of day

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08/14/2019 at 8:33 AM #104729 quote

henders
Participant

Average

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

08/14/2019 at 5:59 PM #104754 quote

GraHal
Participant

Master

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?

08/15/2019 at 8:16 AM #104764 quote

henders
Participant

Average

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

Best wishes
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Stop loss on MA, End of day

Platform Support: Charts, Data & Broker Setup

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henders @henders Participant

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This topic contains 2 replies,
has 2 voices, and was last updated by henders
7 years, 1 month ago.

Topic Details

Forum:	Platform Support: Charts, Data & Broker Setup
Language:	English
Started:	08/14/2019
Status:	Active
Attachments:	No files

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Stop loss on MA, End of day

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Stop loss on MA, End of day Platform Support: Charts, Data & Broker Setup

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Stop loss on MA, End of day

Platform Support: Charts, Data & Broker Setup