How to Enter only after a winning trade signal?

[afshinmoshrefi]

In my strategy I have 2 rules that I need to program:

1) Stop trades after 2 consecutive losers
2) Resume trading only after a winning trade signal


On Rule #1 I can use ProfitCurrency to detect winning and losing trades.

On #2 I need to monitor if there was a winning trade signal before taking a live trade.

Any ideas on how to program #2 rule would be greatly appreciated.

Afshin

[koganam]

In my strategy I have 2 rules that I need to program:

1) Stop trades after 2 consecutive losers
2) Resume trading only after a winning trade signal


On Rule #1 I can use ProfitCurrency to detect winning and losing trades.

On #2 I need to monitor if there was a winning trade signal before taking a live trade.

Any ideas on how to program #2 rule would be greatly appreciated.

Afshin

 
if (EntryConditionMet && !SuccessfulTrade)
{
EntrySignalMet = true;
EntryPrice = Close[0];
ExitPrice = EntryPrice + ProfitTarget;
}
 
if (Close[0] >= ExitPrice)
{
SuccessfulTrade = true;
EntrySignalMet = false;
MayTrade = true;
}

That is just a skeleton. you will have to declare your variables, and there might need to be a refinement of conditions too. Naturally, MayTrade will gate your normal signals, and SuccessfulTrade will have to be set false when your loss trigger is met.