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Executing only single trade if a condition is fulfilled

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    Executing only single trade if a condition is fulfilled

    I am experimenting with a simple strategy that when SMMA (Smoothed Moving Average) for current bar is grater than the SMMA for the previous bar - go long.

    My profit target is 10 points on ES. The challenge is once I hit the profit target, the ATM strategy immediately places another long trade if SMMA is on rise and is increasing. I do now want this to happen. I'd like to place only one trade every time the condition is fulfilled.

    Ideally the next trade will be a short one when SMMA stars going down and then long again.

    Is there a way to code this in NT so that only one trade is placed in one direction?

    Many Thanks.

    #2
    You could either do this with user variables / boolean flags as showcased in this example -



    or you would express your entry rule with a cross over condition so it would not evaluate to 'true' on a only rising SMMA value.

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