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kmcintyre

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Posts: 410

Joined: 8/30/2007
Location: Valley Center, CA

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Subject : I'm confused - help!
Posted : 7/3/2018 9:07 PM
Post #44931

So what's mew. right? lol

I want a very simple fixed stop loss set at the LLV(2) of the bar that triggered the trade.


Stated another way, I want to exit if price touches the lowest low between yesterday's and today's bars. (EOD)

I've created a trade plan, but I haven't found a stop loss that allows me to specify the level via OmniScript.


I wrote a #stop in OL, but I don't see how I can ascertain the trigger bar so I can specify LLV(2)[ trigger ].

I also don't understand why I would write an OL stop for a fixed level. Doesn't the #stop code get invoked on every bar when a LongSignal or ShortSignal is active?

I only need the SL level set once when the trade plan is instantiated. (Actually when Step 2 of the TP is entered, after the long 100% market condition completes...)

I am sure there must be a easy way to do this. but I'm not seeing it.

Help!

Thanks


Deleting message 44931 : I'm confused - help!


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