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Strategy Wizard and Stops

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    Strategy Wizard and Stops

    Using Strategy Wizard the Profit Target and Stop Loss is working fine. I also wanted to add a "exit long position" when a 21 HMA crosses below the 40 HMA. It is not working at all. I even moved the Stop Loss out to 200 ticks to make sure it was not activated before the crossover happened. The Conditions and Actions screen is set to:

    CrossBelow(HMA(HMAStop),HMA(FastHMA)

    ExitLong(:,

    The HMASTOP above is a 21 HMA and the FASTHMA is a 40 HMA
    Is it possible that Strategy Wizard does not allow 2 types of exits in 1 strategy?
    Anyone have any ideas?

    #2
    Hi 123r34, yes this would be possible. Can you please post a screenshot of how you have your conditions setup or maybe you could attach the strategy here so we can take a look and advise, thanks!

    Comment


      #3
      Originally posted by 123r34 View Post
      Snip....

      The Conditions and Actions screen is set to:

      Code:
      CrossBelow(HMA(HMAStop),HMA(FastHMA)
       
      ExitLong(:,:)
      Snip....

      Anyone have any ideas?
      Don't you need to specify a lookback period into the Crossbelow sequence?


      Code:
      CrossBelow(HMA(HMAStop) , HMA(FastHMA) ,1)
      ExitLong("","")

      Comment


        #4
        Correct, but I think it's in as the wizard would add it, that's why a screenshot of the condition would be helpful to help out.

        Comment


          #5
          Click image for larger version

Name:	Strategy Wizard Screen Shot.gif
Views:	1
Size:	24.8 KB
ID:	850482
          This is a screenshot of the Strategy Wizard. I hope it attached properly. When the HMAStop on the left (21) crosses below the HMAFast on the right(40) then exit long. Exit long is not shown on this screen capture.

          I left the bars back at 0 since the lookback period is set to 1.
          If the attachment didn't come through I will try it again.

          Comment


            #6
            Not sure, this should work 123r34. Just make sure the periods are not reversed, so the faster ones really crosses below the slower HMA. Do you have any custom signal names, do the ExitLong could not be picked up properly? Feel free to attach the strategy if you don't make progress with this...

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