Hello,
I have an idea, but don't know how to write it and am wondering if I can get a suggestion.
I have an exit condition that will allow big profits on certain entries, but the problem is that often the exit condition (I call it premature exit) will also become true shortly after entering the trade getting me out before the move had a chance. I want to implement a stop loss situation that if price were inside that stoploss area no other exit condition could be true. Once price has gotten out of that area, ie. begin to see profit, then the exit condition, when called again, could be true.
Any suggestions would be greatly appreciated,
I have an idea, but don't know how to write it and am wondering if I can get a suggestion.
I have an exit condition that will allow big profits on certain entries, but the problem is that often the exit condition (I call it premature exit) will also become true shortly after entering the trade getting me out before the move had a chance. I want to implement a stop loss situation that if price were inside that stoploss area no other exit condition could be true. Once price has gotten out of that area, ie. begin to see profit, then the exit condition, when called again, could be true.
Any suggestions would be greatly appreciated,
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